Three crypto assets are the subject of a forecast by a well-known analyst and trader.
After a short correction to the timeframe of two hours, the analyst known by the pseudonym Bluntz told his 283,900 social media followers that Dogecoin is “so near major breakout”.
According to the chart of the analyst, it seems that Dogecoin is trying to break out from a downward trend on the 24-hour timeframe and now wants to rise above the resistance at $0.132.
Dogecoin currently trades at $0.122 as of the time this article was written.
The native token for the layer one blockchain Sui is next (SUI). According to the pseudonymous researcher, Sui showed strength in this past week despite allegations that SUI tokens worth $400 million were sold by insiders. Sui Network denied these allegations.
“… Pretty incredible SUI Strength in the face of all this fear, uncertainty and doubt (FUD).
“just taking it on the nose with an all time high retest”
Sui’s current price is $2.04, which is around 13% lower than the previous high of $2.35 on October 13th.
Popcat is a memecoin with a feline theme. Bluntz believes that Popcat will be a good investment for the long term.
According to Bluntz’s chart for the four-hour period, the pseudonymous expert suggests that Popcat may surge at least 30% above its current price and reach a new high of $1.70.
Popcat was trading for $1.30 as of the time this article is written.
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Sources of Images include Pixabay Creative Commons & Midjourney
This article Top Analyst Says Dogecoin is on the Cusp Of a ‘Major Breakout’, Updates Outlook On Solana Rival Sui And Popcat first appeared on The ICD.
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