Sei (SEI) Gear Up for a Run as Crypto Analyst Predicts a Huge Price Explosion
- DDDOriginal
- 2024-11-01 09:00:17653browse
A popular crypto analyst thinks one layer-1 blockchain is gearing up for a run similar to the one Sui (SUI) has witnessed.
A popular crypto analyst predicts that one layer-1 blockchain is preparing for a rally like the one experienced by Sui (SUI).
On the social media platform X, the pseudonymous analyst, known as Bluntz, shares a chart that anticipates a massive price surge for the native token of the blockchain project Sei (SEI).
“I think SEI is gearing up for another leg.
It had a clear parabolic impulsive rise earlier in the cycle, has already done a -84% cycle abc and has been basing for 6 months now and starting to turn up.”
SEI is trading at $0.408 at the time of writing. The 63rd-ranked crypto asset by market cap has declined by nearly 12% over the last month but is still up by more than 265% over the last year.
Bluntz is also optimistic about Dogecoin (DOGE), sharing a chart that suggests the top meme asset could rally to around $0.375.
DOGE is trading at $0.169 at the time of writing. The 9th-ranked crypto asset by market cap has decreased by more than 2% over the last 24 hours.
Regarding Bitcoin, Bluntz tells his 290,300 X followers that BTC still has “many legs higher” in the current bull market. The analyst’s chart indicates that the top crypto asset could surge to around $95,000 by the end of the year.
BTC is trading at $72,290 at the time of writing.
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