Top Crypto Trader Says Large-Cap Memecoin ‘Still Turbo Strong,’ Updates Outlook on Solana and Sui
A widely followed cryptocurrency analyst and trader is leaning bullish on one memecoin while giving his forecast on two layer-1 altcoins.
The analyst pseudonymously known as Bluntz tells his 287,700 followers on the social media platform X that Dogecoin ( DOGE ) is “still turbo strong.”
Based on Bluntz’s chart on the four-hour time frame, it appears that the pseudonymous analyst is suggesting that Dogecoin could skyrocket by nearly 60% to reach a price of $0.22.
Source: Bluntz/X At time of writing Dogecoin is trading at $0.138, up by over 20% in the past two weeks.
The widely followed analyst further says ,
“Dogecoin is the new mega large cap market leader.
You may not have realized it just yet but you will soon.”
Next up is Solana ( SOL ). Bluntz says that despite recent bearish sentiment in the crypto market, Solana only moved slightly downwards and did not fall below a major resistance level that it recently overcame on the daily time frame, an indication of its strength.
“Chance of fakeout diminishing by the day.”
Source: Bluntz/X Solana is trading at $166 at time of writing.
Next up is Sui ( SUI ). The pseudonymous analyst who regularly applies the Elliott Wave theory in his technical analysis says that Sui could be on the cusp of reaching a new all-time high in a five-wave pattern after a correction. According to the Elliott Wave theory, the main trend of the price of an asset moves in a five-wave pattern while a correction occurs in a three-wave pattern.
Based on Bluntz’s chart, it appears that the analyst is suggesting that Sui could hit a price of $2.80, about 48% above the current price.
Source: Bluntz/X Sui is trading at $1.89 at time of writing.
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