
Well, it’s been a strange few months in crypto, hasn’t it? Just when you think things might settle, a new prediction comes along that turns heads. This time, it’s from a trader who seems to have a decent track record.
A Memecoin Showing Signs of Life?
A crypto analyst who goes by the name Bluntz is making some noise again. You might remember he called that Bitcoin pullback pretty well back in January. Now, he’s pointing his followers toward an, uh, unusually named token: Fartcoin.
Not exactly a name that inspires confidence, I know. But according to his charts, FARTCOIN might have finally found a floor. He’s been looking at its three-day chart and noticed it broke out of a pretty stubborn downtrend. His analysis uses something called Elliott Wave theory, which basically suggests that prices move in certain predictable patterns. He thinks FARTCOIN has finished a three-wave correction and is positioned for a climb.
His exact words were that it looks like “an easy play for 150% or so higher.” That’s a bold claim for any asset, let alone a memecoin. At the moment, it’s sitting at around $0.86. We’ll see.
Is Another Token Ready to Run?
But he’s not just talking about one coin. His attention has also turned to another project called Useless Coin. The name might be a bit of self-deprecating humor, but his outlook for it is anything but.
Bluntz suggests that USELESS has also wrapped up its corrective phase. He used the term “full send” to describe what he expects next—a strong upward move. Looking at his shared chart, he’s targeting a push toward roughly $0.60. That would represent a gain of about 140% from its current price of $0.25. It’s worth noting the token is still down about 40% from its peak in July, so that’s quite a gap to close.
A Word of Caution
Of course, this is all just one person’s reading of the charts. The crypto market, and memecoins in particular, are wildly unpredictable. A theory is just a theory until the market decides to do something completely different. These assets are incredibly volatile and what looks like a sure thing on a chart can reverse in an instant.
It’s probably wise to take any single prediction with a grain of salt, no matter the source. Doing your own research is always the best move before even considering any investment. The charts might suggest one thing, but the market often has other ideas.