CandleFocus Veteran Trader Says Solana Ecosystem Altcoin Ready for Breakout, Predicts New All-Time Highs for Dogecoin Rival
2024-12-15
Author: Content Editor
A well-known crypto trader and Elliott Wave specialist predicts that several altcoins will experience rallies despite a market correction. The trader believes that the utility token for Pyth Network, a decentralized oracle service, has broken out of a bull flag pattern and is in the midst of a five-wave impulse. The trader also expresses optimism for memecoins, specifically mentioning Bonk as a potential candidate for a revival. The trader suggests that Bonk has completed a downward ABC-wave correction and may soon rally to new all-time highs.
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