The post Analyst Says This Solana Meme Coin Is Primed For An Explosive 300% Breakout – Here Are The Details appeared on BitcoinEthereumNews.com.

Crypto analyst CobraVanguard has provided a bullish outlook for the Solana meme coin MYRO. The analyst has stated that the meme coin is primed for an explosive 300% price breakout and revealed how this could happen.   Solana Meme Coin MYRO Is Primed For A 300% Breakout In a TradingView post, crypto analyst CobraVanguard predicted that the Solana meme coin MYRO is primed for a 300% price breakout. This came as the analyst revealed that the price has formed a bullish wedge on the daily time frame. He added that if it breaks out, it could drive the price up to around $0.15. In an update, the analyst stated that the trade setup was already in play. However, he urged market participants to wait and be careful, seeing how volatile the crypto market is at the moment. CobraVanguard added that the reason for the crash was the Trump coin, which drained liquidity from all other Solana meme coins. Bullish breakout to trigger a 300% growth for MYRO | Source: CobraVanguard on Tradingview.com Irrespective, this recent analysis undoubtedly provides some optimism regarding the MYRO price. The Solana meme coin has been on a massive decline since hitting its current all-time high (ATH) of $0.44 in March last year. For context, the meme coin is 90% below its current ATH.  This price decline for MYRO has been partly due to the fact that the newer meme coins in the Solana ecosystem have drained liquidity from older coins like it. Cobra Vanguard’s analysis suggests that the meme coin is bound to rise from the ashes and even rally to $0.15, which could be the first step to reaching a new ATH.  MYRO Could Witness A 600% Price Surge Crypto analyst Javon Marks provided a more bullish outlook for the Solana meme coin MYRO, predicting…

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Filed under: News - @ January 22, 2025 7:19 am