A widely followed crypto analyst is suddenly becoming bullish on an Ethereum (ETH)-based altcoin after its correction this week.
In a new thread on social media platform .
“Well, we didn’t get my extremely hopeful $0.40-$0.50 buy zone on CRV. I had a [prayer] there for a reason. Ha ha ha. So I bought [Friday’s] blood, and I will add more on a weekly close above $0.87. Potential for more than $6 in my opinion.”
Source: Justin Bennett/X
CRV is trading at $0.77 at the time of writing, a drop of over 14% in the last 24 hours.
Next, the trader says that Solana (SOL) may be preparing for a breakout after correcting into the $180 range.
“SOL at $180. As mentioned two days ago. [on December 18th]In my opinion, this is the ideal purchasing opportunity. It’s kind of a make or break area, so let’s go!
Source: Justin Bennett/X
Looking at its chart, the trader suggests that if Solana can hold the descending trend line as support, it could rise to $290.
Solana is trading at $191 at the time of writing, a drop of over 7% in the last 24 hours.
Image generated: Halfway through the trip