KOL Smart Contracte calls for an explosion of SOL and a small cap altcoin

A prominent analyst says an Ethereum rival and a small-cap altcoin are about to explode.

Known in the industry by the nickname Smart Contracter, he told his 198,400 Twitter followers that he is keeping an eye on Solana (SOL), the blockchain platform that is focused on scalability while remaining secure and decentralized.

According to the analyst, Solana appears poised to break out of an ascending triangle and trigger a strong rally in the BTC (SOL / BTC) pair.

“SOL / BTC is waiting for a breakout in the weekly timeframe and new highs. Wave 4 is complete.

Hold on until it breaks out. ”

Weekly SOL / BTC Chart | The source: Smart Contracter / Twitter

Cryptocurrency strategists based on Elliott Wave Theory, a technical analysis method that predicts future price movements by analyzing the sentiment of the crowd through each wave.

Based on the analyst’s chart, SOL / BTC is currently in the early stages of wave 5, which could bring the pair as high as 0.0068 BTC ($ 338.84). Given the pair’s current price of 0.0038 BTC ($ 189.35), a move towards the smart contracter’s target would translate into a potential profit of nearly 80%.

Another coin on the analyst’s list is Synapse (SYN), a cross-chain protocol that allows users to transfer and exchange crypto assets across Layer 1 and 2 ecosystems. According to the smart contracter, he will see Synapse on the Ethereum (SYN / ETH) pair in the coming weeks.

“When there is fierce competition between Layer 1, it is a smart choice to accumulate a specific protocol that bridges them all.

The weekly SYN / ETH chart looks great. It is expected that it will explode strongly from here. ”

Weekly SYN / ETH chart | The source: Smart Contracter / Twitter

Join Bitcoin Magazine Telegram to keep track of news and comment on this article: https://t.me/coincunews

Follow the Youtube Channel | Subscribe to telegram channel | Follow the Facebook page

CoinX

Recent Posts

The New Lead of Presidential Crypto Council Appointed by Trump Is Bo Hines

President-elect Donald Trump named Bo Hines as the executive director of the presidential crypto council.

8 minutes ago

Best New Meme Coins with 1000X Potential: BTFD Coin’s Hot BIG50 Discount As Baby Doge Coin, Dogs Takes Gaming to the Next Level

Explore the best new meme coins with 1000X potential. Learn how BTFD Coin leads with…

1 hour ago

BlockDAG Surges Past $170M as BDAG250 Bonus End Countdown Begins – Aave Targets $400 & Solana Shines with Scalability

BlockDAG crosses $170.5M in presale success with BDAG250 bonus and Whitepaper V3 launch! Solana grows…

3 hours ago

Qubetics Presale Price Surge Approaches: The Best Coins to Invest in Right Now While Toncoin, and XRP Gain Traction

Discover why Qubetics, Toncoin, and XRP are the best coins to invest in right now.…

3 hours ago

Book of Meme Old News? This Best Meme Coin to Invest in 2024 Is Multiplying Gains Like a Champ

Over the years, meme coins have evolved from inside jokes into serious investment opportunities.

4 hours ago

Time’s Ticking on BlockDAG’s 5-Tier Bonus- Few Days Left to Grab It While Cardano Whales Take Action, Aave Rallies Strong

Discover BlockDAG's five-tier bonus program's closing phases that enhance buyer holdings. Gain insights on the…

5 hours ago

This website uses cookies.