The crypto market is always buzzing with excitement and potential, especially when it comes to altcoins. One crypto strategist, known as Bluntz, has been gaining quite a following with his accurate predictions on various altcoins. Recently, he has set his sights on Sui (SUI), a layer-1 protocol that he believes is gearing up for a significant rally.
Bluntz, who has over 275,000 followers on X, a popular social media platform, shared his insights on SUI’s recent performance. He pointed out that SUI’s impressive rally last week indicates that the protocol is on track to revisit its all-time high levels. In fact, Bluntz boldly stated that SUI might even reach its record-high prices before Bitcoin does.
The analyst also compared SUI to Solana (SOL), suggesting that SUI could be the next big thing in the crypto space. According to Bluntz, SUI is currently in a technical uptrend, showing higher highs and higher lows on the daily chart. He seems confident that SUI is poised to surprise many investors in the coming weeks and months.
As of now, SUI is trading at $1.54, but Bluntz believes that it has the potential to go much higher. In addition to SUI, the strategist is also keeping a close watch on two feline-themed memecoins – Popcat (POPCAT) and Simon’s Cat (CAT). Bluntz believes that both coins are ready for a rally after completing their respective ABC corrective waves.
Using the Elliott Wave theory, which suggests that bullish assets tend to rally after completing a correction, Bluntz predicts that POPCAT and CAT are gearing up for significant price increases. He anticipates that POPCAT could surpass $1, while CAT could rally above $0.00005.
At the time of writing, POPCAT is valued at $0.926, while CAT is trading at $0.000041. It will be interesting to see if Bluntz’s predictions come true and if these altcoins do indeed experience the anticipated price surges.
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