Top Crypto Analyst Predicts Rallies for Solana Killer Sui, Says One Memecoin Primed To Move Violently Higher
A crypto strategist known for making timely altcoin calls believes layer-1 protocol Sui (SUI) is gearing up to spark breakout rallies. Pseudonymous analyst Bluntz tells his 274,600 followers on the social media platform X that SUI appears to have ignited a new bullish trend after printing a higher low setup amid the conclusion of an ABC corrective wave. Bluntz relies on the Elliott Wave theory, which states that a bullish asset tends to witness a five-wave surge after completing an ABC corrective pattern. The analyst shares a chart suggesting that SUI can rise to as high as $1.80 in the next few weeks. “SUI back in a technical high timeframe uptrend again, higher lows and higher highs + key level taken out already. It’s gonna surprise a few people in the next weeks to months, in my opinion.” Source: Bluntz/X At time of writing, SUI is worth $1.17, up over 13% in the last 24 hours. Looking at the feline-themed memecoin Simon’s Cat (CAT...