{"id":326264,"date":"2024-06-19T06:09:11","date_gmt":"2024-06-19T00:39:11","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=326264"},"modified":"2024-06-19T06:09:11","modified_gmt":"2024-06-19T00:39:11","slug":"trader-jason-pizzino-says-solana-and-one-additional-altcoin-will-be-first-to-break-out-into-new-highs-this-year-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/trader-jason-pizzino-says-solana-and-one-additional-altcoin-will-be-first-to-break-out-into-new-highs-this-year-crypto-news\/","title":{"rendered":"Trader Jason Pizzino Says Solana and One Additional Altcoin Will Be First To Break Out Into New Highs This Year &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>A closely followed analyst says altcoins showing relative strength amid the latest crypto correction will be the first to print new highs this year.<\/p>\n<p>Analyst Jason Pizzino <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/x.com\/jasonpizzino\/status\/1802492592782983253\">tells<\/a> his 108,800 followers on the social media platform X that he\u2019s keeping an eye on altcoins that are printing bullish higher low setups.<\/p>\n<p><em>\u201cStrong altcoins continue to hold their higher lows. If they hold these levels, they will be the first to break out into new, fresh highs and\/or all-time highs in 2H 2024.\u201d<br \/><\/em><\/p>\n<p>In a video update, Pizzino says he has come up with a list of altcoins that are faring better than others amid the crypto correction. But he says there are two that stand out.<\/p>\n<p><em>\u201cI\u2019ve got some stronger stuff\u2026 Solana is definitely one of those\u2026 You have Pendle still holding above its 50% and having a reasonable weekly close here back above the 50% at $5.60.\u201d<\/em><\/p>\n<figure id=\"attachment_292561\" aria-describedby=\"caption-attachment-292561\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-292561\" class=\"wp-caption-text\">Source: Jason Pizzino\/YouTube<\/figcaption><\/figure>\n<p>According to Pizzino, the current altcoin meltdown is giving long-term investors another opportunity to load up on good projects in anticipation of a rally later this year. The trader highlights that deep drawdowns have happened in the past but strong altcoins tend to witness massive gains once the dust settles.<\/p>\n<p><em>\u201cIt\u2019s happened before. We got there in the end. Solana I think is a great one. If you don\u2019t have the belief, have a look back at some of these charts that did drop 80% over the course of four to six months\u2026 and then how they have boomed from that time. And that boom can last quite some time.\u201d<\/em><\/p>\n<p><iframe loading=\"lazy\" title=\"BITCOIN: This is the BIGGEST OPPORTUNITY I&#039;ve seen in 4 Years (Act NOW)\" width=\"740\" height=\"416\" src=\"https:\/\/www.youtube.com\/embed\/yl3EFKIzmjg?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p>\u00a0<\/p>\n<p><em><span style=\"font-size: 13pt\">Don&#8217;t Miss a Beat \u2013 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/join-the-daily-hodl-email-list\/\">Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em><br \/>\n<br \/><em><span style=\"font-size: 13pt\">Check <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/crypto-markets\/\">Price Action<\/a><\/span><\/em><br \/>\n<br \/><em><span style=\"font-size: 13pt\">Follow us on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/TheDailyHodl\">X<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.facebook.com\/thedailyhodl\/\">Facebook<\/a> and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.me\/thedailyhodl\">Telegram<\/a><\/span><\/em><br \/>\n<br \/><em><span style=\"font-size: 13pt\">Surf <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/daily-hodl-mix\">The Daily Hodl Mix<\/a><\/span><\/em><br \/>\n<\/p>\n<div class=\"hideinamp\">\n<p>&amp;nbsp<br \/>\n<img decoding=\"async\" loading=\"lazy\" class=\"\" src=\"https:\/\/dailyhodl.com\/wp-content\/uploads\/2018\/06\/Get-Alerts-728x90.png\" width=\"800\" height=\"99\" \/><\/p>\n<h6>Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n<p><em><span style=\"font-size: 10pt\">Generated Image: Midjourney<\/span><\/em><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>A closely followed analyst says altcoins showing relative strength amid the latest crypto correction will be the first to print new highs this year. Analyst Jason Pizzino tells his 108,800 followers on the social media platform X that he\u2019s keeping an eye on altcoins that are printing bullish higher low setups. \u201cStrong altcoins continue to [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":326267,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-326264","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/326264","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=326264"}],"version-history":[{"count":3,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/326264\/revisions"}],"predecessor-version":[{"id":326270,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/326264\/revisions\/326270"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/326267"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=326264"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=326264"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=326264"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}