The analyst named 2 tokens that will grow significantly in value in the near future

The trader who predicted the bottom of the bitcoin bear market in 2018 has published a new price forecast for two tokens. According to Bluntz, these memecoins are ready to surpass Dogecoin.

The analyst told his 240,800 followers on the social media platform X that the Solana-based dogwifhat (WIF) memtoken has been making higher lows every time the asset completes a three-wave correctional move.

Bluntz is a practitioner of Elliott Wave Theory, an approach to technical analysis that attempts to predict future price action by following crowd psychology, which tends to manifest itself in the form of waves. According to the theory, a bullish asset tends to have a three-wave corrective move before the next stage of growth.

«WIF has been trading on a large accumulation base since its launch, with constant impulsive rises and clear corrective three-wave movements, each time forming a higher low. Eventually, this base breaks through and moves higher, and many will be surprised, but there were signs of this ,» the analyst explained.

Another altcoin that the trader drew attention to is the Pepe memecoin (PEPE). Bluntz shared a chart showing that PEPE has completed a three-wave corrective move and is now ready to rally to its target.

«Steady upside push on PEPE all weekend. I really like this situation, the meme season seems to be picking up again ,» the trader wrote.

As a reminder, one of the areas in which Solana thrives is memecoins created on the blockchain. Thus, in early February, Doginphire (FIRE), launched on the basis of the Solana (SOL) network, rose in price by 2057%.