{"id":302043,"date":"2025-06-19T17:37:11","date_gmt":"2025-06-19T17:37:11","guid":{"rendered":"https:\/\/peraltafinancing.com\/altcoin\/solana-memecoin-about-to-blast-through-all-time-highs-according-to-veteran-crypto-trader\/"},"modified":"2025-06-19T17:37:11","modified_gmt":"2025-06-19T17:37:11","slug":"solana-memecoin-about-to-blast-through-all-time-highs-according-to-veteran-crypto-trader","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=302043","title":{"rendered":"Solana Memecoin About To \u2018Blast Through\u2019 All-Time Highs, According to Veteran Crypto Trader"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>A widely followed cryptocurrency analyst and trader predicts that one Solana (<a href=\"https:\/\/dailyhodl.com\/currencies\/solana\/\" rel=\"noopener\" target=\"_blank\">SOL<\/a>)-based memecoin is on the verge of printing new all-time highs.<\/p>\n<p>The analyst, pseudonymously known as Bluntz, <a href=\"https:\/\/x.com\/Bluntz_Capital\/status\/1935137290743071160\" rel=\"noopener\" target=\"_blank\">tells<\/a> his 320,800 followers on the social media platform X that memecoin SPX6900 (<a href=\"https:\/\/dailyhodl.com\/currencies\/spx6900\/\" rel=\"noopener\" target=\"_blank\">SPX<\/a>) appears to have completed an ABC correction on the eight-hour chart, suggesting that the coin has printed a durable bottom.<\/p>\n<p>Bluntz practices the Elliott Wave theory, which states that an asset is primed to ignite rallies after completing an ABC correction.<\/p>\n<p><em>\u201cPerfect SPX pullback here after testing prior all-time high for the first time, the next test blasts through in my opinion, still one of the best charts [with a] less than $1billy (billion) market cap in my opinion.\u201d<\/em><\/p>\n<figure style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/media\/Gtr9GvWawAAyFaz?format=jpg&amp;name=medium\" alt=\"Image\" width=\"1200\" height=\"1012\"\/><figcaption class=\"wp-caption-text\">Source: Bluntz\/X<\/figcaption><\/figure>\n<p>Looking at his chart, the trader suggests SPX increase to $2.10.<\/p>\n<p>SPX is trading for $1.47 at time of writing, up 17.5% in the last 24 hours.<\/p>\n<p>The analyst is also bullish on the artificial intelligence (AI)-focused crypto project ai16z (<a href=\"https:\/\/dailyhodl.com\/currencies\/ai16z\/\" rel=\"noopener\" target=\"_blank\">AI16Z<\/a>). According to Bluntz, the altcoin <a href=\"https:\/\/x.com\/Bluntz_Capital\/status\/1934532622182678589\" rel=\"noopener\" target=\"_blank\">appears<\/a> to be entering an uptrend after a retest of the Fibonacci retracement level at $0.16.<\/p>\n<p>Traders use the Fibonacci retracement tool to spot potential entry and exit points based on the Fibonacci ratio.<\/p>\n<p><em>\u201cLong ai16z again here was one leg too early the other week, but looking like a strong reaction from the 0.78 fib here and still looks like a clear five up and subsequent abc correction. Expecting fresh highs above $0.45.\u201d<\/em><\/p>\n<figure style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/media\/GtjXKwNaoAArDf3?format=jpg&amp;name=medium\" alt=\"Image\" width=\"1200\" height=\"1012\"\/><figcaption class=\"wp-caption-text\">Source: Bluntz\/X<\/figcaption><\/figure>\n<p>AI16Z is trading for $0.17 at time of writing, up 7% in the last 24 hours.<\/p>\n<p><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 \/>\n<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 \/>\n<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 \/>\n<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><span style=\"font-size: 10pt;\"><em>Generated Image: Midjourney<\/em><\/span><\/p>\n<\/p><\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>A widely followed cryptocurrency analyst and trader predicts that one Solana (SOL)-based memecoin is on the verge of printing new all-time highs. The analyst, pseudonymously known as Bluntz, tells his 320,800 followers on the social media platform X that memecoin SPX6900 (SPX) appears to have completed an ABC correction on the eight-hour chart, suggesting that [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":302044,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12030],"tags":[22865,18257,11446,10954,134295,20261,14738,24755,1820,7657,23869,23868,11048,11047],"dealstore":[],"offerexpiration":[],"class_list":["post-302043","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin","tag-alltime","tag-blast","tag-bullish","tag-crypto","tag-fibonacci","tag-highs","tag-memecoin","tag-memecoins","tag-news","tag-solana","tag-spx","tag-spx6900","tag-trader","tag-veteran"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Solana Memecoin About To \u2018Blast Through\u2019 All-Time Highs, According to Veteran Crypto Trader - 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=302043\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Solana Memecoin About To \u2018Blast Through\u2019 All-Time Highs, According to Veteran Crypto Trader - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"A widely followed cryptocurrency analyst and trader predicts that one Solana (SOL)-based memecoin is on the verge of printing new all-time highs. 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