Top Analyst Says One Memecoin About To Go ‘Mental,’ Updates Forecast on SUI and POPCAT

A crypto strategist who continues to construct a following with well timed altcoin calls believes one memecoin is about to witness a significant blowout to the upside.

Pseudonymous analyst Bluntz tells his 289,900 followers on social media platform

Bluntz says dogwifhat is issuing a number of bullish alerts towards Solana (WIF/SOL), indicating the memecoin is gearing up for a significant reversal.

“SOL is at present main the market and WIF/SOL has bottomed out.

An enormous 5 behind the 4 o’clock mark [chart] and broadly various.

With SOL trying insanely bullish, I feel WIF is about to go loopy.

My luggage are packed.”

Bluntz applies Elliott Wave principle, which states that an asset’s pattern tends to finish after a five-wave transfer. Based mostly on the dealer’s chart, he appears to recommend that WIF/SOL has accomplished a five-wave correction, indicating that the memecoin is poised to outperform Solana.

On the time of writing, WIF is buying and selling at $2.59, up virtually 6% on the day.

As for the layer-1 protocol Sui (SUI), Bluntz believes the altcoin is within the early levels of a wave-five rally to succeed in a brand new all-time excessive at $3.

“SUI macro wave 4 is nearing completion, reaching the 0.38 Fibonacci degree of macro wave three and nonetheless anticipating new ATHs and a fifth wave up.”

On the time of writing, SUI is price $1.90, up over 10% within the final 24 hours.

The final altcoin on the dealer’s radar is Popcat (POPCAT). Bluntz shares a chart suggesting POPCAT is within the midst of a five-wave transfer with a worth goal of round $2.10.

“Good flat on POPCAT, additionally accomplished this weekend, again to ATH’s (all-time highs), for my part.”

On the time of writing, POPCAT is buying and selling at $1.69, up greater than 15% prior to now day.

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