Cryptocurrency analyst Bluntz has shared noteworthy predictions for popular memecoins SPX6900 and dogwifhat (WIF) within the Solana $153 ecosystem. According to the expert, the Elliott Wave Theory suggests that both assets have entered a new bullish cycle. SPX6900 is expected to climb from $1.10 to $2.20, while WIF is projected to increase from $0.97 to $1.25. In addition, Bluntz argues that the price per ounce of silver could reach a peak of $75.
Parabolic Rise Signal for SPX6900
Bluntz, addressing his 319,800 followers, highlighted that SPX6900 has completed only the first and second waves since the March lows. In the five-wave Elliott model, the third phase usually witnesses the longest and strongest rally, potentially doubling the memecoin ‘s price in a short time.
Emphasizing that momentum remains locked in the charts, the commentator expects a vertical move as buying pressure accelerates. The ignition of the parabolic scenario keeps the community’s excitement alive while drawing liquidity to the project. Investors are patiently watching for the onset of the third wave, as a sudden jump could trigger both profit-taking and new entries.
Strong Expectations for WIF and Silver
The analyst notes that WIF has completed its fourth wave correction and is regaining momentum. The token, trading at $0.97, is predicted to rise to $1.25 in the short term. Solana-based meme-themed projects can become the stars of portfolios during bullish periods, with community enthusiasm sometimes overshadowing fundamental indicators.
Not limiting his analysis to the cryptocurrency market, the market commentator also looks at precious metals. Bluntz asserts that the transformation in the gold/silver ratio is accelerating in favor of silver, suggesting the ounce price could extend from $34.50 to $75. Global uncertainty and rising geopolitical risks emerge as complementary factors fueling the risk appetite for both memecoins and silver.
