A crypto strategist who continues to develop his following with well timed altcoin predictions believes layer-1 protocol Sui (SUI) is gearing as much as revisit all-time excessive ranges.
Pseudonymous analyst Bluntz tells his 275,500 followers on the social media platform X that SUI’s enormous rally final week means that the Solana (SOL) killer is en path to record-high costs.
“SUI weekly completely insane, at this charge it’ll hit all-time excessive earlier than BTC.”
The dealer additionally says he believes “SUI is the following SOL.”
Final week, Bluntz stated that SUI is in a technical uptrend after printing increased highs and better lows on the every day chart.
“It’s gonna shock a couple of folks within the subsequent weeks-months, for my part.”
At time of writing, SUI is buying and selling for $1.54.
The crypto strategist additionally has his radar locked on two feline-themed memecoins. In response to Bluntz, Popcat (POPCAT) and Simon’s Cat (CAT) look primed for rallies after finishing their respective ABC corrective wave.
The dealer makes use of the Elliott Wave concept, which states {that a} bullish asset tends to witness rallies after the conclusion of an ABC correction.
Says Bluntz,
“The cats are gearing up for his or her subsequent legs up for my part, POPCAT and CAT each carried out good ABCs down over the weekend, gearing up for his or her subsequent legs increased.”
Primarily based on the dealer’s chart, he appears to foretell that POPCAT is getting ready for a transfer above $1. At time of writing, POPCAT is value $0.926.
As for CAT, the analyst predicts that the memecoin will rally above $0.00005.
At time of writing, CAT is value $0.000041.
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