Bluntz, a well-known figure in the cryptocurrency world, claims that the layer-1 blockchain SEI is preparing for a price movement similar to the recent rise seen in SUI. He shared his expectations for a significant price increase for SEI’s token on the social media platform X.
Positive Expectations for SEI
Bluntz noted that SEI experienced a pronounced parabolic rise in the previous cycle, followed by an 84% decline during the cyclical DABC, and has been forming a bottom for the past six months. According to him, SEI is on the verge of entering a new upward trend.
“SEI has surpassed the 84% decline level and is preparing for a new upward phase,” says the analyst.
Fluctuations in Dogecoin
Bluntz also expressed optimistic views about Dogecoin $0.333673 (DOGE). He published a chart indicating that the meme coin could rise to around $0.375. His predictions signal a positive short-term movement for DOGE.
Bitcoin Price Expectations
Regarding Bitcoin (BTC) $98,487, Bluntz emphasized that the cryptocurrency still holds upward potential. He believes BTC could reach levels of $95,000 by the end of the year.
“Bitcoin has a long way to go in this upward trend. It could see the $95,000 mark by year-end,” he added.
Currently, SEI is trading at $0.408, ranking 63rd in market capitalization. Although it has experienced a 12% loss over the month, it has realized a 265% annual increase. Dogecoin is valued at $0.169, ranking 9th and has lost 2% in the last 24 hours. Bitcoin is trading around $72,290.
These developments in the cryptocurrency market are considered signals worth monitoring closely. Bluntz’s comments on SEI, Dogecoin, and Bitcoin provide crucial insights into the expected performance of these assets moving forward.