Trader Says Under-the-Radar Layer-1 Altcoin Looks Bullish, Outlines Path Forward for Solana and Fantom
A widely followed crypto strategist and trader believes that one low-cap layer-1 altcoin project may be gearing up for a massive rally. Pseudonymous analyst The Crypto Dog tells his 810,000 followers on the social media platform X that Saga (SAGA) may be breaking out of a descending trendline on the three-day chart. “Longed SAGA. Looks ready to start it’s first bull trend.” Source: The Crypto Dog/X The blockchain project Saga aims to enable developers to launch interoperable, application-specific chains called “Chainlets.” Saga is trading for $1.45 at time of writing, down 10% in the last 24 hours. Next up, the analyst suggests Ethereum (ETH) competitor Solana (SOL) may be done correcting against Bitcoin (SOL/BTC). “Alright, SOL/BTC showing strength now. Think we may have just bought the bottom.” Source: The Crypto Dog/X SOL/BTC is trading for 0.002475 BTC ($138) at time of writing, up 1.47% in the last 24 hours. ...