A popular crypto analyst believes a layer 1 blockchain is gearing up for execution similar to what Sui (SUI) witnessed.
On social media platform
“I think SEI is gearing up for another run.
It had a clear parabolic impulsive rise earlier in the cycle, has already done an ABC cycle of -84% and has been basing for 6 months now and starting to show up.
SEI is trading at $0.408 at the time of writing. The 63rd ranked crypto asset by market cap is down almost 12% over the past month, but up over 265% over the past year.
Bluntz is also bullish on Dogecoin (DOGE), sharing a chart that suggests the leading meme asset could reach around $0.375.
DOGE is trading at $0.169 at the time of writing. The 9th ranked crypto asset by market capitalization is down more than 2% in the last 24 hours.
As for Bitcoin, Bluntz tells his 290,300 followers that BTC still has “several legs higher” in the current time frame. The analyst’s chart suggests that the leading crypto asset could reach around $95,000 by the end of the year.
BTC is trading at $72,290 at the time of writing.
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Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should conduct due diligence before making high-risk investments in Bitcoin, cryptocurrency or digital assets. Please note that your transfers and transactions are at your own risk and any losses you may incur are your responsibility. The Daily Hodl does not recommend the purchase or sale of cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
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