A crypto strategist who continues to grow his following with timely altcoin predictions believes layer-1 protocol Sui (SUI) is gearing up to revisit all-time high levels.
Pseudonymous analyst Bluntz tells his 275,500 followers on the social media platform X that SUI’s huge rally last week suggests that the Solana (SOL) killer is en route to record-high prices.
“SUI weekly absolutely insane, at this rate it’ll hit all-time high before BTC.”
The trader also says he believes “SUI is the next SOL.”
Last week, Bluntz said that SUI is in a technical uptrend after printing higher highs and higher lows on the daily chart.
“It’s gonna surprise a few people in the next weeks-months, in my opinion.”
At time of writing, SUI is trading for $1.54.
The crypto strategist also has his radar locked on two feline-themed memecoins. According to Bluntz, Popcat (POPCAT) and Simon’s Cat (CAT) look primed for rallies after completing their respective ABC corrective wave.
The trader uses the Elliott Wave theory, which states that a bullish asset tends to witness rallies after the conclusion of an ABC correction.
Says Bluntz,
“The cats are gearing up for their next legs up in my opinion, POPCAT and CAT both done nice ABCs down over the weekend, gearing up for their next legs higher.”
Based on the trader’s chart, he seems to predict that POPCAT is preparing for a move above $1. At time of writing, POPCAT is worth $0.926.
As for CAT, the analyst predicts that the memecoin will rally above $0.00005.
At time of writing, CAT is worth $0.000041.
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Generated Image: Midjourney
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