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Top Crypto Trader Predicts Floodgates Will Open for Solana Once Resistance is Broken

Top Crypto Trader Predicts Floodgates Will Open for Solana Once Resistance is Broken

CointimeCointime2023/10/23 00:33
By:Cointime

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.

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