dailyhodl.com
A widely followed analyst and trader is offering his forecast on three crypto assets.
The analyst pseudonymously known as Bluntz tells his 283,900 followers on the social media platform X that Dogecoin (DOGE) is “so close to major breakout” after a brief correction on the two-hour time frame.
Based on the widely followed analyst’s chart, it appears he’s suggesting that Dogecoin has broken out of a descending trend line on the daily time frame and is now attempting to climb above the resistance level at around $0.132.
Dogecoin is trading at $0.122 at time of writing.
Next up is the native token of the layer-one blockchain Sui ($SUI). The pseudonymous analyst says that Sui has demonstrated strength this week amid allegations that insiders had disposed of approximately $400 million worth of $SUI tokens. Sui Network later denied the allegations.
“…pretty incredible $SUI strength in light of all the fear, uncertainty, doubt (FUD) this week.
just taking it on the chin with an all-time high retest.”
Sui is trading at $2.04 at time of writing, around 13% below the all-time high of $2.35 reached on October 13th.
Next up is the feline-themed memecoin Popcat ($POPCAT). According to Bluntz, Popcat is looking attractive for a long opportunity.
“$POPCAT getting real close to a biddable level, would like to see one more sweep though.”
Based on Bluntz’s chart on the four-hour time frame, it appears the pseudonymous analyst is suggesting that Popcat could surge by at least 30% from the current level to hit a new all-time high of around $1.70.
Popcat is trading at $1.30 at time of writing.
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