Solana likely to slip, Algotech soar in presale
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Bluntz Capital, a crypto analyst, is bearish on Solana (SOL). Meanwhile, analysts are bullish on Algotech after raising $1.1 million in its private seed sale.Â
Analyst says SOL can drop to $70
SOL is wavy after rallying by over 335% in 2023, sparked by ecosystem upgrades and key partnerships.
Bluntz Capital, using Elliott Wave Theory patterns, says SOL will likely correct to as low as $70 in the sessions ahead.
Still, traders should be cautious since technical analysis doesn’t consider fundamental events.
Exploring Algotech’s potential
Algotech is a new trading platform that uses advanced analysis methods to enhance investors’ portfolios.
It emphasizes transparency and accountability in all its trading processes, ensuring that every trade is recorded and audited for verification.Â
Algotech also uses automated trading tactics for quick execution, allowing traders to take advantage of time-sensitive market opportunities.
In stage one of its presale, ALGO is available for $0.04. Experts say ALGO may surge after listing on major crypto exchanges.Â
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