Bluntz, one of the leading analysts of the crypto money market, in 2018 $107,254.55is known for correcting the bottom price. Bluntz said in his latest statements that a breast coin, known as WIF in the Solana ecosystem, could experience an important rise. According to the analyst’s estimates, this asset can both reclaim the highest level in Altcoin 2024 and increase to this level.
WIF Coin Comment
Bluntz, in the technical analysis he shared using the Elliott wave theory, said the WIF has passed to the rise trend. According to the theory, asset prices can be corrected with three waves while acting with a five wavy main rise trend. According to the latest data, WIF started a new rise formation after seeing the bottom level in the early year.
Bluntz: “We need to see that the price movement approves it, but I think there is a strong possibility that a new movement for the highest level of all time in WIF.”
The analyst’s three -day price chart released for a while after the record level in March, but it has recently given signals of recovery. The return of the price from an important bottom has attracted the attention of investors.
Expected movements in the short term
Bluntz stressed that there may be a correction of WIF price in the short term. According to the analyst, there is a possibility of withdrawing about 10 percent after the five wavy rise in the hourly time period. After this correction, we will see a rise movement again.
“There is a significant five wavy rise in WIF, I expect a small correction, then a new acceleration may come.”
According to current data, the price of the WIF is at $ 0.845. The analyst says that the price with the appropriate approval signals may exceed the highest level seen in March. Of course, these analyzes do not inform the future and investors must form their own strategies.
Price movements in the crypto asset market can often show high volatility. Analyst Bluntz’s comments, such as WIF, specific projects can contain opportunities in the light of technical analysis and market dynamics. Investors can shape their decisions by following different analysis methods. It is thought that WIF’s movements will remain in the focus of investors in the coming period.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
