Bluntz, a cryptocurrency analyst, shared insights on three different altcoins with his 283,900 followers on the social media platform X. He predicted a price of 0.133 for Dogecoin (DOGE), Sui (SUI), and Popcat (POPCAT), highlighting their potential movements and market conditions.
Bluntz’s prediction for Dogecoin (DOGE)
Bluntz noted that Dogecoin has experienced a brief correction on its two-hour chart, but is about to see a major breakthrough. According to the analyst, Dogecoin has successfully broken through the downward trend line on the daily chart and is currently testing the $0.132 resistance level. Bluntz emphasized that "Dogecoin is very close to a major breakthrough," drawing attention to the cryptocurrency.
Credit Suisse (SUI) reports strong earnings
Sui Network’s native token, SUI, performed strongly this week despite rumors that insiders sold around $400 million worth of SUI tokens. However, Sui Network later denied the allegations. “Despite all the FUD (fear, uncertainty, doubt), SUI performed well this week,” Bluntz said.
The long-term potential of Popcat (POPCAT)
Bluntz said Popcat is a significant opportunity in the long term. He said that on the four-hour chart, Popcat could rise at least 30% from current levels to a new high of $1.70. “POPCAT is approaching a sellable level; I would like to see a retest,” he said, highlighting its potential.
Current data shows Dogecoin trading at $0.122, Sui at $2.04, and Popcat at $1.30. Bluntz's analysis can serve as an important signal for cryptocurrency traders, although individual investors must pay close attention to market conditions when making decisions. The possibility of Dogecoin breaking through key resistance levels, Sui's resistance to FUD, and Popcat's potential upside offer various opportunities for traders.
It is crucial to carefully analyze market trends and consider risks before investing. Sudden fluctuations in the cryptocurrency market are important factors that affect investment decisions.