It has been just revealed that there are 2 altcoins that are about to explode by over 80%. Check out the latest reports about this below.
Important altcoins to explode in priceA trader, who accurately predicted Bitcoin’s price floor in 2018, is now forecasting significant upward momentum for two of the top 50 altcoins.
Firstly, Solana (SOL), the sixth-largest cryptocurrency by market capitalization, is expected to experience a surge in its value against Bitcoin (SOL/BTC), according to the anonymous analyst and trader, Bluntz.
The bullish SOL/BTC chart shows that Solana may likely soar against the US dollar.
Bluntz also mentioned that the previous SOL/BTC call was successful, and since the original post, SOL/BTC has rallied impulsively in five waves and has now undergone another ABC down.
In Bluntz’s opinion, SOL/BTC is about to experience significant upward momentum.
“I have no idea where USD pair goes in terms of levels, but I genuinely think it will be $140+.”
Solana is currently trading at $73.65, and in order to reach the target price of at least $140, it would need to appreciate by over 90%.
Moving on to the governance token of the decentralized finance (DeFi) lending protocol Aave (AAVE), Bluntz believes that the 50th largest altcoin by market cap appears ready for a significant breakout rally.
“Monster three-day candle on AAVE. Legit gearing up to gigasend.
Plenty of juice in the tank in my opinion, shouldn’t be aiming for anything less than $200 in my opinion.”
At the time of writing, the value of AAVE is $108.13. If it is to reach a target of $200, it would need to increase by 85%.
Regarding Bitcoin and Ethereum (ETH), Bluntz has recently expressed his bullish outlook on both crypto assets.
Initially, the anonymous crypto analyst had warned of a possible downturn for Bitcoin and Ethereum after the two leading crypto assets fell back from their ascending channel highs.
“Overnight price action made me do a 180 on this take. Sh*t looks bullish as f**k again.”