{"id":9751,"date":"2022-06-22T18:47:12","date_gmt":"2022-06-22T23:47:12","guid":{"rendered":"http:\/\/blog.jlbn.net\/?p=9751"},"modified":"2022-06-22T18:47:14","modified_gmt":"2022-06-22T23:47:14","slug":"two-crypto-analysts-bullish-on-ethereum-competitor-thats-showing-incredible-strength","status":"publish","type":"post","link":"http:\/\/blog.jlbn.net\/?p=9751","title":{"rendered":"Two Crypto Analysts Bullish on Ethereum Competitor That\u2019s Showing \u2018Incredible\u2019 Strength"},"content":{"rendered":"\n<p>A pair of crypto analysts say one Ethereum (ETH) challenger is beginning to flash signs of strength despite the sustained bearish trend across the digital asset markets.<\/p>\n\n\n\n<p>Pseudonymous analyst Pentoshi tells his 576,200 Twitter followers that smart contract platform Solana (SOL) looks bullish as it continues to stay afloat despite last week\u2019s sharp correction.<\/p>\n\n\n\n<p><em>\u201cSOL incredible strength through all this. Once the market settles, I think it\u2019s good for $34 and potentially $40. Managed to hold on through the carnage of the last week entirely. I grabbed a small bag.\u201d<\/em><\/p>\n\n\n\n<p>At time of writing,&nbsp;<a href=\"https:\/\/dailyhodl.com\/currencies\/solana\/\" rel=\"noreferrer noopener\" target=\"_blank\">Solana<\/a>&nbsp;is changing hands for $32, up over 21% from its 2022 low of $26.43.<\/p>\n\n\n\n<p>Fellow crypto strategist Cantering Clark is also bullish on Solana. The trader&nbsp;<a href=\"https:\/\/twitter.com\/CanteringClark\/status\/1538286638102630400\" rel=\"noreferrer noopener\" target=\"_blank\">says<\/a>&nbsp;that he placed long positions on Solana with the expectation that SOL will take out its diagonal resistance.<\/p>\n\n\n\n<p><em>\u201cSome very interesting buying on SOL right now. Strength against all other pairs is quite pronounced. If we get some type of breakout of this decline, I will be on this like white on rice.\u201d<\/em><\/p>\n\n\n\n<p>Meanwhile, crypto analyst Capo does not share the bullish sentiments of Pentoshi and Cantering Clark. The pseudonymous trader who&nbsp;<a href=\"https:\/\/dailyhodl.com\/2022\/05\/28\/crypto-trader-who-predicted-bitcoin-collapse-below-30000-says-btc-to-hit-new-low-here-are-his-targets\/\">called<\/a>&nbsp;Bitcoin\u2019s collapse below $30,000 says he expects Solana to lose over 40% of its value from current prices.<\/p>\n\n\n\n<p><em>\u201c$18-$20 looks like a good level.\u201d<\/em><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A pair of crypto analysts say one Ethereum (ETH) challenger is beginning to flash signs of strength despite the sustained<\/p>\n","protected":false},"author":1,"featured_media":9752,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3423,254,3421],"tags":[3426,888],"_links":{"self":[{"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=\/wp\/v2\/posts\/9751"}],"collection":[{"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9751"}],"version-history":[{"count":1,"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=\/wp\/v2\/posts\/9751\/revisions"}],"predecessor-version":[{"id":9753,"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=\/wp\/v2\/posts\/9751\/revisions\/9753"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=\/wp\/v2\/media\/9752"}],"wp:attachment":[{"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9751"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9751"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9751"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}