The widely followed encryption strategist believes that a layer -1 platform is closely followed by the footsteps of the Solana (SOL) 2021 Bull Market Rampage.
Kaleo, a pseudonym analyst, looks very similar to SOL’s 2020-2021 market structure for 698,600 followers in the social media platform X Sui (SUI) prices over the past two years.
In 2021, Solana increased about 300% in just three months after shattering resistance for $ 55.
Kaleo says.
“SUI seems to be primed with a similar movement to the fall of 2021.
SUI was a layer -1 market leader that came to mind at this cycle similar to what SOL did.
If the structural similarity continues, the situation will be fun. ”
Looking at the chart of the trader, he seems to suggest that SUI is soaring rapidly soaring and printing a new uptrend.
At the time of writing, SUI is trading at $ 4.04.
Kaleo is also optimistic for major Memecoin Dogecoin (DOGE). Analysts share a chart that suggests that Dogecoin can repeat the 2018-2021 market structure.
“It’s time to pay attention to the king.”
Kaleo believes that based on the chart, Doge will increase to $ 3 before it expires in 2025. At the time of writing, the Doge is worth $ 0.239.
In the case of Bitcoin, the merchant sees that the BTC is nearly $ 200,000 with a short and shallow fullback.
“Only here only here.”
Bitcoin’s value is $ 103,868 at the time of writing.
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Created image: Midjourney