Technical analysis by cryptobullethbtcxlm about Symbol ORCA: Buy recommendation (1/3/2024)

I've been exploring some opportunities in the Solana ecosystem and given the massive dex volume there, I see ORCA as a true gem to be one of the biggest performers in the ecosystem. It was already one of the best 15 performers in the market during 2023 but with only a 270m market cap, it has a lot more upside. I expect a main target of around $70 during 2024 or 2025 but if Solana keeps going nuts, we can see Orca hitting double of that. Looking at the chart from a non log view, we can see we're still early... Overlayed is the Uniswap 2021 fractal from Coinbase - already coming from a higher market cap back then. Good product, good team, right ecosystem and growing crazily and leaving Raydium behind: ORCA.