The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

Analyst Says Solana Flashing ‘Very Promising’ Bullish Setup, Predicts Rallies for Two Low-Cap Altcoins

by Henry Kanapi
June 3, 2025
in Altcoins, Solana, Trading

An analyst who has earned the Master Trader rank on the crypto exchange Bybit thinks Solana (SOL) looks good after recovering a key support level.

Pseudonymous analyst Bluntz tells his 319,800 followers on the social media platform X that Solana is flashing a swing failure pattern (SFP) on the four-hour chart after losing support at $160 at the end of May, only to recover the price level days later.

An SFP is typically viewed as a reversal pattern, and in Solana’s case, the inability of bears to push prices lower indicates a failure to sustain downward momentum, potentially triggering a shift in market sentiment.

Says Bluntz,

“Quite liking the SOL’s reaction after taking the lows, working on a reclaim now, still early days but very promising in my opinion. If this reclaims, it’s go time.”

Image
Source: Bluntz/X

At time of writing, SOL is trading at $160.33, slightly above the trader’s key support level.

The analyst is also bullish on the artificial intelligence (AI)-focused crypto project ai16z (AI16Z). According to Bluntz, the altcoin appears to have completed an ABC correction on the daily chart, suggesting that the coin has printed a durable bottom.

Bluntz practices the Elliott Wave theory, which states that an asset is primed to ignite rallies after completing an ABC correction.

“Of all my alt scans this morning, ai16z has the most textbook impulsive five-wave rise on high timeframes starting in April and now a very clean, clear three-wave ABC back into the major 0.618.

It doesn’t get more textbook than this. I think that’s a major bottom for this one.”

Image
Source: Bluntz/X

At time of writing, ai16z is worth $0.25.

The last coin on the trader’s radar is Gigachad (GIGA), a memecoin built on the Solana blockchain. Bluntz says GIGA appears to be following in the footsteps of fellow memecoin SPX6900 (SPX), an altcoin that’s up about 360% since bottoming out in March.

“GIGA looking pretty good in my opinion, so many similarities.

Love it or hate it, Murad coins look spicy.” 

Image
Source: Bluntz/X

At time of writing, GIGA is worth $0.23.

Follow us on X, Facebook and Telegram

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

Submit a Press Release

Industry Announcements

  • R0AR Lists on BitMart – 1R0R Makes CEX Debut
    June 23, 2025
  • GAP 3 Partners FZCO Becomes Dubai’s First Regulated Virtual Asset Investment Advisor With Operational License From VARA
    June 23, 2025
  • Polemos Launches PLMS Token on MEXC and Uniswap, Advancing Web 3.0 Gaming Infrastructure
    June 22, 2025
  • Meta Earth Network 2.0 – Pioneering Web 3.0 Innovation With Rewards and Global Events
    June 20, 2025
  • Perceptron Network Merges With BlockMesh To Create First End-to-End Decentralized AI Data Infrastructure
    June 20, 2025
  • Bubblemaps Integrates With TON, Enhancing Transparency in Telegram’s Native Blockchain Ecosystem
    June 19, 2025
  • NATIX Network Launches DePAI Initiative, Merging DePIN Infrastructure With Decentralized AI
    June 19, 2025
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$105,151.17
$105,151.17
3.56%
Ethereum
$2,410.62
$2,410.62
7.42%
BNB
$642.04
$642.04
3.12%
Solana
$144.03
$144.03
7.72%
XRP
$2.16
$2.16
6.88%

Spotlight

  • Trader Predicts Rallies to New All-Time High for Bitcoin Amid Struggle To Clear $110,000 – But There’s a Big Catch
    June 16, 2025
  • 147,116 Americans Hit by Massive Data Breach – Firm Says Unknown Attacker May Have Exposed Names, Addresses, Social Security Numbers and More
    June 16, 2025
  • Analyst Sees Ethereum (ETH) Igniting 60% Rally Despite Dip, Says Final Major Resistance for Bitcoin (BTC) Getting Weaker
    June 16, 2025
  • Fraud Mastermind Executes $547,455 Business Email Scam, Duping Victims Into Sending Fraudulent Transfers: DOJ
    June 16, 2025
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2025 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2025 The Daily Hodl