A widely respected analyst and trader is offering his predictions for three cryptocurrency assets.
An analyst known by the pseudonym Bluntz told his 283,900 followers on social media platform
According to the widely followed analyst’s chart, he appears to be implying that Dogecoin is attempting to break away from its descending trendline on the daily time frame and move above the current resistance level of around $0.132.
Dogecoin is trading at $0.122 at the time of this writing.
Below is the native token of the layer 1 blockchain Sui (SUI). An unnamed analyst said Sui performed strongly this week amid allegations that insiders offloaded about $400 million worth of SUI tokens. Sui Network later denied the allegations.
“… In light of all the fear, uncertainty, and doubt (FUD) this week, this is a pretty surprising SUI strength.
“We are keeping our chin up with the highest level of re-examination ever.”
Sui is trading at $2.04 at the time of this writing, about 13% below its all-time high of $2.35 reached on October 13th.
Next is Popcat (POPCAT), a cat-themed meme coin. According to Bluntz, Popcat appears attractive for its long-term opportunities.
“POPCAT is getting close to biddable levels, but I’d like to see one more sweep.”
Based on a 4-hour Bluntz chart, the anonymous analyst appears to suggest that Popcat could surge at least 30% from current levels to hit a new all-time high of around $1.70.
Popcat is trading at $1.30 at the time of this writing.
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