Top Crypto Analyst Predicts Rallies for Solana Killer Sui, Says One Memecoin Poised to Move Violently Higher

A crypto strategist recognized for his well timed altcoin calls believes the Layer-1 protocol Sui (SUI) is gearing as much as set off breakout rallies.

Pseudonymous analyst Bluntz tells his 274,600 followers on social media platform

Bluntz depends on the Elliott Wave idea, which states {that a} bullish asset tends to witness a five-wave wave after finishing an ABC correction sample.

The analyst shares a chart that implies the SUI may rise to $1.80 within the coming weeks.

“SUI is again in a technical excessive time-frame, greater lows and better highs + key degree already eliminated.

I feel it’s going to shock quite a few folks within the coming weeks or months.”

On the time of writing, SUI is price $1.17, up over 13% within the final 24 hours.

Trying on the feline-themed memecoin Simon’s Cat (CAT), the crypto strategist believes the altcoin is gearing up for an additional breakout after clearing its resistance at $0.00003.

“CAT is buying and selling like a beast right here, with a gradual rise even whereas the markets have been in a downtrend and now consolidating at earlier highs.

I feel this resolves violently greater.

Simon’s Cat is a brand new memecoin that was launched final month on the Binance Good Chain. It’s based mostly on the British animated internet and e-book collection Simon’s Cat.

Trying on the dealer’s chart, he appears to recommend that CAT must clear its resistance at $0.000036 earlier than witnessing new rallies.

On the time of writing, CAT is buying and selling at $0.0000354, up over 13% on the day.

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Generated picture: Midjourney