Apopularcryptoanalystthinksonelayer-1blockchainisgearingupforarunsimilartotheoneSui(SUI)haswitnessed.
OnthesocialmediaplatformX,thepseudonymousanalystknownasBluntzsharesachartpredictingahugepriceexplosionforthenativetokenfortheblockchainprojectSei(SEI).
“IthinkSEIisgearingupforanotherrun.
Ithadaclearparabolicimpulsiveriseearlierinthecycle,hasalreadydonea-84%cycleabcandhasbeenbasingfor6monthsnowandstartingtoturnup.”
Source:Bluntz/X
SEIistradingat$0.408attimeofwriting.The63rd-rankedcryptoassetbymarketcapisdownnearly12%inthepastmonthbutupmorethan265%inthepastyear.
BluntzisalsobullishonDogecoin(DOGE),sharingachartthatsuggeststhetopmemeassetcouldsurgetoaround$0.375.
Source:Bluntz/X
DOGEistradingat$0.169attimeofwriting.The9th-rankedcryptoassetbymarketcapisdownmorethan2%inthepast24hours.
IntermsofBitcoin,Bluntztellshis290,300XfollowersthatBTCstillhas“manylegshigher”inthecurrentrun-up.Theanalyst’schartsuggeststhetopcryptoassetcouldsurgetoaround$95,000bytheendoftheyear.
BTCistradingat$72,290attimeofwriting.
GeneratedImage:Midjourney
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