A crypto strategist who continues to grow his following with timely altcoin predictions believes the Layer-1 protocol Sui (SUI) is gearing up to reach all-time highs again.
Pseudonymous analyst Bluntz tells his 275,500 followers on social media platform
“SUI is absolutely insane on a weekly basis, at this rate it will reach an all-time high before BTC.”
The trader too say he believes that “SUI is the next SOL.”
Last week, Bluntz said that SUI is in a technical uptrend after higher highs and higher lows on the daily chart.
“I think it will surprise a few people in the coming weeks and months.”
At the time of writing, SUI is trading at $1.54.
The crypto strategist has also focused his radar on two feline-themed memecoins. According to Bluntz, Popcat (POPCAT) and Simon’s Cat (CAT) appear poised for rallies after completing their respective ABC correction wave.
The trader uses Elliott Wave theory, which states that a bullish asset tends to see rallies after an ABC correction ends.
Says Bluntz,
“The cats I think are getting ready for their next legs up, POPCAT and CAT both did some nice ABC’s this weekend, preparing for their next legs up.”
Based on the trader’s chart, he seems to predict that POPCAT is preparing for a move above $1. At the time of writing, POPCAT is worth $0.926.
As for CAT, the analyst predicts that the memecoin will rise above $0.00005.
At the time of writing, CAT is worth $0.000041.
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Generated image: Midjourney