The crypto-market cap is increasing, and a well-known analyst/trader shares his thoughts on the two most popular digital assets.
Bluntz is the pseudonymous name of a crypto-analyst. tells The memecoin Dogwifhat has 241,400 fans on social media platform X.WIFThe long-term timeframes are showing a bullish divergence.
When the Relative Strength Index, or RSI in this example, is forming higher lowers and the price of the asset continues to form lower lows then you have a bullish divergence.
WIF has risen to $0.952 as of the time of this writing. This is a 229% increase from its low price of $0.289, which was recorded on 24th February.
Solana:SOL() the pseudonymous expert says The layer-1 altcoin could be at a bottom against Bitcoin.BTCAfter forming a divergence bullish on the hourly timeframe,
Bluntz has set a timeframe of three days. says The Solana/Bitcoin pairing is informing “hell of a bottom wick”. The bottom wick of a candle indicates that the price has risen significantly from its low and closed at a higher price. This thin line is visible at the lower portion of the candles.
At the time of this writing, Solana was trading for 0.00216 BTC (133.37 USD).
Don’t Miss a Beat – Subscribe Get email notifications delivered straight to your Inbox
Check out the latest news and updates on our website. Price Action
Join us! Twitter, Facebook You can also find out more about the following: Telegram
Search for a way to surf The Daily Hodl Mix
 
Disclaimer: The Daily Hodl does not provide investment advice. Do your research before investing high risk money in Bitcoins, cryptocurrencies or digital assets. You are responsible for all transfers and trading. own Risk is yours, as are any losses. The Daily Hodl is not an investment adviser and does neither recommend buying or selling cryptocurrencies or other digital assets. The Daily Hodl engages in affiliate marketing.
Midjourney: Generated Image
“This article is not financial advice.”
“Always do your own research before making any type of investment.”
Source: dailyhodl.com
