Bluntz, known for his successful predictions in the cryptocurrency market, gained prominence by correctly predicting Bitcoin's bottom level in 2018. In his latest statements, he shared positive views about the Solana-based meme coin WIF. According to Bluntz, WIF will not only regain its previous peak within 2024 but may also reach new record levels.
Bluntz emphasizes the Elliott Wave theory in his technical analysis. According to this theory, financial assets typically exhibit a three-wave correction after a five-wave upward movement. According to the analyst, WIF established a market bottom at the beginning of 2024 and is now within a new upward wave.
Bluntz says, 'The price movement needs to confirm this, but I believe a strong movement towards the all-time high has begun in WIF.'
According to the chart he shared, although WIF lost value after reaching its historical peak in March, it has started showing signs of recovery recently. Especially, the rebound from a significant bottom level is increasing investor interest.
Short-Term Price Prediction
Bluntz indicates that there may be a minor correction in the WIF price in the short term. After a five-wave upward movement observed in the hourly charts, a decline of about 10% seems likely. However, it is anticipated that a new upward momentum may begin after this correction.
Bluntz adds, 'There is a strong five-wave upward movement in WIF, and I expect a small correction afterward. Then a new momentum may come again.'
Currently, the WIF price is around $0.845. The analyst believes that if the price surpasses critical resistance points and confirmation signals come, it can easily exceed the March peak.
Considering the high volatility of cryptocurrency markets, closely following technical analysis and market dynamics is crucial. Although Bluntz's past accurate predictions give confidence to investors, it is emphasized that decisions should always be made based on personal analyses and risk tolerance.
WIF Coin is expected to continue being the focus of investors and remain on the market agenda in the upcoming period. Investors are shaping their strategies by evaluating periodic analyses as well as different expert opinions.
PLEASE READ CAREFULLY FOR A $10 GIFT TO 170 PEOPLE.
Friends who have not yet activated the futures trading section will earn $10 when they activate the futures trading section by entering my referral code 88623008. The first 170 people will benefit from this reward.
I AM EXPLAINING IN DETAIL.
Brothers who registered on Binance without a referral, please listen carefully;
You will earn 10 USDT when you do what I say in order.
Enter the Futures section from your application.
On the next screen, enter the REFERRAL CODE section and open your account by entering the code 88623008.
Brothers who want to receive a 10 USDT reward by completing this operation by April 10 can do so. After activating your account, having a trading volume of $30 will be sufficient. However, even if you do this operation after April 10, your reward will not come. Therefore, I suggest you take care of it within 5 seconds.
THE SYSTEM WORKS ON A FIRST-COME, FIRST-SERVED BASIS. SO DON'T BE LATE TO GET YOUR GIFT. IT IS LIMITED TO 170 PEOPLE.
PLEASE READ CAREFULLY FOR A $3,300 GIFT.
Friends, as publishers, you know we do everything we can for you. We communicate the services and opportunities provided to us by our authorities to you. I have never withheld my support for both the cryptocurrency market and you; on the contrary, I am striving to provide more support.
Now I will explain how to claim your gift. First of all, those of you who have not opened a futures trading account need to activate this account with a short transaction. I will explain how to activate it in detail and simply.
So, who can benefit?
Friends who have not yet activated the Futures section can activate it by entering my referral code 88623008 while opening the FUTURES section. It is an easy process. I have shown where it is below.