Crypto Analyst Bluntz Anticipates Chainlink (LINK) to Experience a Surge of More Than 40%, Unveils Optimistic Perspectives on Solana (SOL)
In the ever-changing world of cryptocurrency, Bluntz, the visionary analyst who accurately predicted the bottom of the 2018 Bitcoin bear market, is making a splash once again with his bullish predictions. This time, the spotlight is on Chainlink (LINK) and Solana (SOL), as Bluntz deciphers several positive signals on the eight-hour chart.
Chainlink is showing signs of a bullish trend, according to Bluntz’s analysis of the eight-hour chart. In a recent update, he points out that LINK has completed a significant fifth wave downward, which has created a bullish divergence.
Bluntz believes that, based on the Elliott Wave theory, which is a method that takes into account crowd psychology and manifests in waves, LINK has reached a major low in wave four. He boldly predicts that LINK will rally to $20, a level not seen since January 2022, and sarcastically remarks, “Rest in peace to anyone who gave up.”
At the time of the latest data, LINK is currently trading at $14.27. If it reaches Bluntz’s target, this implies a potential surge of over 37%.
Shifting focus to Solana, Bluntz suggests that the altcoin is preparing for a breakout against Bitcoin, indicating that its pair with the US dollar may experience substantial rallies. After a brief consolidation period, Solana’s SOL/BTC chart shows an attempt to break a bull flag, according to Bluntz.
Bluntz anticipates that when the 37-day range is broken, Solana could experience a significant upward movement, potentially its strongest leg yet. Furthermore, Bluntz projects that Solana’s trajectory could reach heights of approximately $85.
Currently, SOL is priced at $74.73, eagerly awaiting the symphonic surge that Bluntz envisions.
Bluntz’s track record of successfully navigating the waves of the crypto market lends credibility to these latest forecasts. As the crypto community pays attention to the orchestrated movements of Chainlink and Solana, the question remains: Will Bluntz once again lead investors through the unpredictable rhythm of the cryptocurrency landscape with a successful performance?