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Home»ALTCOIN NEWS»Top Crypto Trader Updates Outlook on Solana and Sui, Says Massive Memecoin Is ‘Still Strong’
ALTCOIN NEWS

Top Crypto Trader Updates Outlook on Solana and Sui, Says Massive Memecoin Is ‘Still Strong’

By Crypto FlexsOctober 25, 20242 Mins Read
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Top Crypto Trader Updates Outlook on Solana and Sui, Says Massive Memecoin Is ‘Still Strong’
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The widely respected cryptocurrency analyst and trader is bullish on one memecoin while offering predictions for two layer 1 altcoins.

An analyst who goes by the pseudonym Bluntz told his 287,700 followers on social media platform X that Dogecoin (DOGE) is “still strong.”

Based on a 4-hour Bluntz chart, the anonymous analyst appears to be suggesting that Dogecoin could surge nearly 60%, reaching a price of $0.22.

Source: Bluntz/X

As of this writing, Dogecoin is trading at $0.138, up more than 20% over the past two weeks.

A widely followed analyst says:

“Dogecoin is the leader in the new megacap market.

You may not realize it yet, but you will soon.”

Next is Solana (SOL). Bluntz said that despite the recent bearish sentiment in the cryptocurrency market, Solana only declined slightly and did not fall below key resistance levels that it recently overcome on the daily time frame.

“The likelihood of fake-outs is decreasing by the day.”

video
Source: Bluntz/X

Solana is trading at $166 at the time of this writing.

Next is SUI. An anonymous analyst who regularly applies Elliott Wave theory in technical analysis says the Sui could reach new all-time highs in a five-wave pattern after a correction. According to Elliott Wave Theory, major trends in asset prices move in a five-wave pattern and corrections occur in a three-wave pattern.

According to Bluntz’s chart, the analyst appears to suggest that Sui could achieve a price of $2.80, about 48% above its current price.

video
Source: Bluntz/X

Sui is trading at $1.89 at the time of this writing.

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Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are entirely at your own risk and you will be responsible for any losses you may suffer. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital asset, and The Daily Hodl is not investment advice. The Daily Hodl engages in affiliate marketing.

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