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

September 19, 2024
in Altcoin
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A crypto strategist recognized for making well timed altcoin calls believes layer-1 protocol Sui (SUI) is gearing as much as spark breakout rallies.

Pseudonymous analyst Bluntz tells his 274,600 followers on the social media platform X that SUI seems to have ignited a brand new bullish development after printing a better low setup amid the conclusion of an ABC corrective wave.

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

The analyst shares a chart suggesting that SUI can rise to as excessive as $1.80 within the subsequent few weeks.

“SUI again in a technical excessive timeframe uptrend once more, larger lows and better highs + key stage taken out already.

It’s gonna shock a number of folks within the subsequent weeks to months, in my view.” 

Supply: Bluntz/X

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

Wanting on the feline-themed memecoin Simon’s Cat (CAT), the crypto strategist believes that the altcoin is gearing up for one more breakout after taking out its resistance at $0.00003.

“CAT is buying and selling like a beast right here, fixed grind up even whereas markets have been downtrending and now consolidating at prior highs.

I believe this resolves violently larger.” 

Image
Supply: Bluntz/X

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

Wanting on the dealer’s chart, he appears to counsel that CAT must take out its resistance at $0.000036 earlier than witnessing contemporary rallies.

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

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Tags: AnalystcryptoHigherKillerMemecoinmovePredictsPrimedRalliesSolanaSuiTopViolently
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