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Home Altcoin

Trader Hints at Parabolic Rally to All-Time High for Solana Rival, Updates Outlook on PEPE and WIF

by n70products
October 15, 2024
in Altcoin
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A extensively adopted crypto strategist and dealer believes that steep rallies are in retailer for one Solana (SOL) challenger.

Pseudonymous analyst The Crypto Canine tells his 829,200 followers on the social media platform X that layer-1 chain Sui (SUI) could also be poised to witness big bursts to the upside after printing a brand new all-time excessive (ATH).

With blue skies forward for SUI, the dealer thinks it’s throughout the realm of chance for the altcoin to go vertical.

“We gonna see a correct parabolic ATH break run?” 

Image
Supply: The Crypto Dog/X

At time of writing, SUI is price $2.32 barely under its new all-time excessive recorded simply hours in the past.

Turning to the memecoin Pepe (PEPE), the dealer thinks it’s gearing as much as take out its diagonal resistance and spark a brand new leg up.

“PEPE desires to begin one thing.” 

Image
Supply: The Crypto Dog/X

At time of writing, PEPE is buying and selling at $0.00000962, nonetheless under the analyst’s diagonal resistance.

Taking a look at fellow memecoin dogwifhat (WIF), the dealer thinks the altcoin wants to beat one downward resistance line to ignite rallies to contemporary all-time highs.

“ATH run?”

Image
Supply: The Crypto Dog/X

 At time of writing, WIF is buying and selling for $2.63, hovering near the dealer’s diagonal resistance.

As for Bitcoin, the dealer says BTC could be very near witnessing a correct bull market.

“We break $63,500 it’s gonna be no gadgets lengthy solely ultimate vacation spot.” 

At time of writing, Bitcoin is price $62,682.

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Disclaimer: Opinions expressed at The Every day Hodl should not funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your individual danger, and any losses you could incur are your accountability. The Every day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Every day Hodl an funding advisor. Please be aware that The Every day Hodl participates in online marketing.

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Tags: allTimeHighHintsOutlookParabolicPepeRallyRivalSolanaTraderUpdatesWIF
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