Top Crypto Trader Predicts Floodgates Will Open for Solana Once Resistance is Broken
A prominent trader who accurately predicted the bottom of Bitcoin's bear market in 2018 believes that Solana (SOL) is poised for a breakthrough once it surpasses its multi-month accumulation range. The trader, known as Bluntz, suggests that SOL is likely to break out against both Bitcoin and the US dollar. Bluntz is also bullish on Ethereum (ETH), which he believes may be setting up for a rally after respecting support at $1,550 and printing a bullish higher-low setup. At the time of writing, Solana is worth $29.44 and Ethereum is worth $1,632.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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