{"id":4051,"date":"2024-10-15T01:02:27","date_gmt":"2024-10-15T01:02:27","guid":{"rendered":"https:\/\/solanacrypto.news\/2024\/10\/15\/trader-hints-at-parabolic-rally-to-all-time-high-for-solana-rival-updates-outlook-on-pepe-and-wif\/"},"modified":"2024-10-15T01:02:27","modified_gmt":"2024-10-15T01:02:27","slug":"trader-hints-at-parabolic-rally-to-all-time-high-for-solana-rival-updates-outlook-on-pepe-and-wif","status":"publish","type":"post","link":"https:\/\/solanacrypto.news\/2024\/10\/15\/trader-hints-at-parabolic-rally-to-all-time-high-for-solana-rival-updates-outlook-on-pepe-and-wif\/","title":{"rendered":"Trader Hints at Parabolic Rally to All-Time High for Solana Rival, Updates Outlook on PEPE and WIF"},"content":{"rendered":"
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A widely followed crypto strategist and trader believes that steep rallies are in store for one Solana (SOL<\/a>) challenger.<\/p>\n

Pseudonymous analyst The Crypto Dog tells his 829,200 followers on the social media platform X that layer-1 chain Sui (SUI<\/a>) may be poised to witness huge bursts to the upside after printing a new all-time high (ATH).<\/p>\n

With blue skies ahead for SUI, the trader thinks it is within the realm of possibility for the altcoin to go vertical.<\/p>\n

\u201cWe gonna see a proper parabolic ATH break run?\u201d\u00a0<\/em><\/p>\n

\"Image\"
Source: The Crypto Dog\/X<\/a><\/figcaption><\/figure>\n

At time of writing, SUI is worth $2.32 slightly below its new all-time high recorded just hours ago.<\/p>\n

Turning to the memecoin Pepe (PEPE<\/a>), the trader thinks it is gearing up to take out its diagonal resistance and spark a new leg up.<\/p>\n

\u201cPEPE wants to start something.\u201d\u00a0<\/em><\/p>\n

\"Image\"
Source: The Crypto Dog\/X<\/a><\/figcaption><\/figure>\n

At time of writing, PEPE is trading at $0.00000962, still below the analyst\u2019s diagonal resistance.<\/p>\n

Looking at fellow memecoin dogwifhat (WIF<\/a>), the trader thinks the altcoin needs to overcome one downward resistance line to ignite rallies to fresh all-time highs.<\/p>\n

\u201cATH run?\u201d
<\/em><\/p>\n

\"Image\"
Source: The Crypto Dog\/X<\/a><\/figcaption><\/figure>\n

\u00a0At time of writing, WIF is trading for $2.63, hovering close to the trader\u2019s diagonal resistance.<\/p>\n

As for Bitcoin, the trader says<\/a> BTC<\/a> is very close to witnessing a proper bull market.<\/p>\n

\u201cWe break $63,500 it\u2019s gonna be no items long only final destination.\u201d\u00a0<\/em><\/p>\n

At time of writing, Bitcoin is worth $62,682.<\/p>\n

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n

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