Crypto analyst Bluntz shared insights on three different altcoins with his 283,900 followers on the social media platform X. He provided forecasts on Dogecoin $0.204778 (DOGE), Sui (SUI), and Popcat (POPCAT), highlighting their potential movements and market conditions.
Bluntz’s Prediction for Dogecoin (DOGE)
Bluntz noted that Dogecoin is experiencing a brief correction on its two-hour chart but is on the verge of a significant breakout. According to the analyst, DOGE has successfully broken the downtrend line on the daily timeframe and is currently testing the resistance level at $0.132. Bluntz emphasized, “DOGE is very close to a major breakout,” drawing attention to this cryptocurrency.
Strong Performance Forecast for Sui (SUI)
The native token of the Sui Network, SUI, showed strong performance this week, despite claims that insiders sold around $400 million worth of SUI tokens. However, Sui Network later denied these allegations. Bluntz remarked, “Despite all the FUD (fear, uncertainty, doubt), SUI performed well this week.”
Long-Term Potential of Popcat (POPCAT)
Bluntz expressed that Popcat presents a significant opportunity in the long run. He suggested that on the four-hour chart, Popcat could achieve at least a 30% increase from its current level, reaching a new peak of $1.70. “POPCAT is approaching an offerable level; I would like to see a retest,” he highlighted its potential.
Current data indicates that Dogecoin is trading at $0.122, Sui at $2.04, and Popcat at $1.30. Bluntz’s analyses could serve as crucial signals for crypto traders, although individual investors must closely monitor market conditions when making decisions. The possibility of Dogecoin surpassing critical resistance, Sui’s resilience against FUD, and Popcat’s potential rise offer various opportunities for traders.
Before investing, it is essential to carefully analyze market trends and consider risks. Sudden fluctuations in the crypto markets are significant factors that can influence investment decisions.