According to analysts, this Solana-Memecoin is about to breakthrough
The crypto chart “Bluntz” believes that the Solana-Memecoin SPX6900 (SPX) is preparing for a large breakthrough after completing a phase known as a classic ABC correction.
Sea The analyst is the decline in the token to test his former all -time high again, a bullish signal that indicates a strong basis for the next upward movement. Bluntz uses the Elliott wave theory to interpret price movements and says that the structure of the SPX indicates an increase to $ 2.10, which is well above the current price of $ 1.47.
SPX has already increased over 17% in the last 24 hours, which confirms that the token will regain dynamics. With a market capitalization of still under $ 1 billion, Bluntz sees further upward potential, especially since Solana-based tokens continue to attract speculative interest.
The analyst is also optimistic for AI16Z (AI16Z), an emerging old coin with a focus on artificial intelligence. After a decline in the 0.78 fibonacci level close $ 0.16, the token showed a strong relaxation.
Bluntz believes that this movement signals the end of the correction and predicts an increase over $ 0.45. He described the chart picture as a clear five-wave impulse, followed by a correction pattern-a constellation that is often preceded by a new upward trend.
Both tokens reflect a broader topic in the current cryptom market: Traders hunt momentum games in sectors such as AI and Memecoins, which, despite their inherent volatility, offer high upward potential.
