{"id":273832,"date":"2025-06-05T00:57:05","date_gmt":"2025-06-05T00:57:05","guid":{"rendered":"https:\/\/peraltafinancing.com\/altcoin\/analyst-says-solana-based-memecoin-setting-stage-for-full-blown-parabola-predicts-new-all-time-high-for-one-asset\/"},"modified":"2025-06-05T00:57:05","modified_gmt":"2025-06-05T00:57:05","slug":"analyst-says-solana-based-memecoin-setting-stage-for-full-blown-parabola-predicts-new-all-time-high-for-one-asset","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=273832","title":{"rendered":"Analyst Says Solana-Based Memecoin Setting Stage for \u2018Full-Blown Parabola,\u2019 Predicts New All-Time High for One Asset"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>An analyst known for making timely altcoin calls believes that one memecoin running on Solana (<a href=\"https:\/\/dailyhodl.com\/currencies\/solana\/\" rel=\"noopener\" target=\"_blank\">SOL<\/a>) is gearing up for a huge upside burst.<\/p>\n<p>Pseudonymous analyst Bluntz tells his 319,800 followers on the social media platform X that he sees the memecoin SPX6900 (<a href=\"https:\/\/dailyhodl.com\/currencies\/spx6900\/\" rel=\"noopener\" target=\"_blank\">SPX<\/a>) igniting steep surges based on the principles of the Elliott Wave theory, an advanced technical analysis approach that tries to predict future price action by following crowd psychology that tends to manifest in waves.<\/p>\n<p>According to the theory, a bullish asset tends to witness a five-wave rally, with wave three representing the longest and steepest upside move.<\/p>\n<p><a href=\"https:\/\/x.com\/Bluntz_Capital\/status\/1929661096782450720\" rel=\"noopener\" target=\"_blank\">Says<\/a> Bluntz,<\/p>\n<p><em>\u201cSPX looks insane in my opinion, it looks like the entire price action from the March lows is all 1-2s and hasn\u2019t even had a wave three yet, setting the stage for a full-blown parabola later.\u201d<\/em><\/p>\n<figure style=\"width: 626px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/media\/GroQLfmXoAARjpw?format=jpg&amp;name=medium\" alt=\"Image\" width=\"626\" height=\"909\"\/><figcaption class=\"wp-caption-text\">Source: Bluntz\/X<\/figcaption><\/figure>\n<p>Based on the trader\u2019s chart, he seems to predict that SPX will rally to $2.20. At time of writing, SPX is worth $1.10.<\/p>\n<p>The analyst is also bullish on dogwifhat (<a href=\"https:\/\/dailyhodl.com\/currencies\/dogwifcoin\/\" rel=\"noopener\" target=\"_blank\">WIF<\/a>), another Solana-based memecoin. The trader <a href=\"https:\/\/x.com\/Bluntz_Capital\/status\/1930008793041252484\" rel=\"noopener\" target=\"_blank\">predicts<\/a> that WIF will hit $1.25 in the near term.<\/p>\n<p><em>\u201cWhat a move on WIF already, well and truly reclaimed the range, and looking impulsive in my opinion, I think this pullback was a wave four low.\u201d<\/em><\/p>\n<figure style=\"width: 1325px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/media\/GsjEubiasAUztAC?format=jpg&amp;name=large\" alt=\"Image\" width=\"1325\" height=\"1140\"\/><figcaption class=\"wp-caption-text\">Source: Bluntz\/X<\/figcaption><\/figure>\n<p>At time of writing, WIF is worth $0.97.<\/p>\n<p>Looking at the broader altcoin market, Bluntz <a href=\"https:\/\/x.com\/Bluntz_Capital\/status\/1929664204925292694\" rel=\"noopener\" target=\"_blank\">believes<\/a> that one group of coins has the potential to outperform all other tokens.<\/p>\n<p><em>\u201cWhen the real altcoin bid returns, memes are always the strongest.<\/em><\/p>\n<p><em>It really doesn\u2019t matter how badly you want fundamentals to matter, it won\u2019t, because at the end of the day, it\u2019s all vaporware anyway, and we all know it.\u201d<\/em><\/p>\n<p>But beyond the crypto market, the trader <a href=\"https:\/\/x.com\/Bluntz_Capital\/status\/1929615119430177117\" rel=\"noopener\" target=\"_blank\">says<\/a> he has his eye on silver, an asset that he thinks can shatter its all-time high of around $50.<\/p>\n<p><em>\u201cSilver\/gold ratio looks like it\u2019s starting to roll over with silver in USD gearing up finally for a major breakout.<\/em><\/p>\n<p><em>Relative to gold price action, $75 silver not outside the realm of possibility in my opinion.\u201d<\/em><\/p>\n<figure style=\"width: 960px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/media\/Gsdec1Jb0AAJvnD?format=jpg&amp;name=medium\" alt=\"Image\" width=\"960\" height=\"685\"\/><figcaption class=\"wp-caption-text\">Source: Bluntz\/X<\/figcaption><\/figure>\n<p>At time of writing, silver is worth $34.50.<\/p>\n<p dir=\"ltr\"><em><span style=\"font-size: 13pt;\">Follow us on <a href=\"https:\/\/x.com\/TheDailyHodl\" target=\"_blank\" rel=\"noopener\">X<\/a>, <a href=\"https:\/\/www.facebook.com\/thedailyhodl\/\" target=\"_blank\" rel=\"noopener\">Facebook<\/a> and <a href=\"https:\/\/t.me\/thedailyhodl\" target=\"_blank\" rel=\"noopener\">Telegram<\/a><\/span><\/em><br \/>\n<br \/><em><span style=\"font-size: 13pt;\">Don&#8217;t Miss a Beat \u2013 <a href=\"https:\/\/dailyhodl.com\/join-the-daily-hodl-email-list\/\" target=\"_blank\" rel=\"noopener\">Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em><br \/>\n<br \/><em><span style=\"font-size: 13pt;\">Check <a href=\"https:\/\/dailyhodl.com\/crypto-markets\/\" target=\"_blank\" rel=\"noopener\">Price Action<\/a><\/span><\/em><br \/>\n<br \/><em><span style=\"font-size: 13pt;\">Surf <a href=\"https:\/\/dailyhodl.com\/daily-hodl-mix\">The Daily Hodl Mix<\/a><\/span><\/em><br \/>\n<\/p>\n<div class=\"hideinamp\">\n<p>&amp;nbsp<br \/>\n<center><img loading=\"lazy\" decoding=\"async\" class=\"\" src=\"https:\/\/dailyhodl.com\/wp-content\/uploads\/2018\/06\/Get-Alerts-728x90.png\" width=\"800\" height=\"99\"\/><\/center><\/p>\n<h6>Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n<p dir=\"ltr\"><span style=\"font-size: 10pt;\"><em>Generated Image: Midjourney<\/em><\/span><\/p>\n<\/p><\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>An analyst known for making timely altcoin calls believes that one memecoin running on Solana (SOL) is gearing up for a huge upside burst. Pseudonymous analyst Bluntz tells his 319,800 followers on the social media platform X that he sees the memecoin SPX6900 (SPX) igniting steep surges based on the principles of the Elliott Wave [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":273833,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12030],"tags":[22865,14545,10911,25857,92216,1521,14738,1820,38311,11069,6462,392,14895,23868,4427,25618],"dealstore":[],"offerexpiration":[],"class_list":["post-273832","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin","tag-alltime","tag-analyst","tag-asset","tag-dogwifhat","tag-fullblown","tag-high","tag-memecoin","tag-news","tag-parabola","tag-predicts","tag-setting","tag-silver","tag-solanabased","tag-spx6900","tag-stage","tag-wif"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Analyst Says Solana-Based Memecoin Setting Stage for \u2018Full-Blown Parabola,\u2019 Predicts New All-Time High for One Asset - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=273832\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Analyst Says Solana-Based Memecoin Setting Stage for \u2018Full-Blown Parabola,\u2019 Predicts New All-Time High for One Asset - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"An analyst known for making timely altcoin calls believes that one memecoin running on Solana (SOL) is gearing up for a huge upside burst. 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