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Top Trader Says Layer-One Blockchain Gearing Up for SUI-Style Run After Parabolic Impulse

n70products by n70products
November 1, 2024
in Altcoin
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Top Trader Says Layer-One Blockchain Gearing Up for SUI-Style Run After Parabolic Impulse
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A well-liked crypto analyst thinks one layer-1 blockchain is gearing up for a run much like the one Sui (SUI) has witnessed.

On the social media platform X, the pseudonymous analyst often known as Bluntz shares a chart predicting an enormous worth explosion for the native token for the blockchain venture Sei (SEI).

“I believe SEI is gearing up for one more run.

It had a transparent parabolic impulsive rise earlier within the cycle, has already executed a -84% cycle abc and has been basing for six months now and beginning to flip up.”

seibluntz
Supply: Bluntz/X

SEI is buying and selling at $0.408 at time of writing. The 63rd-ranked crypto asset by market cap is down practically 12% prior to now month however up greater than 265% prior to now yr.

Bluntz can also be bullish on Dogecoin (DOGE), sharing a chart that implies the highest meme asset may surge to round $0.375.

bluntzdoge
Supply: Bluntz/X

DOGE is buying and selling at $0.169 at time of writing. The Ninth-ranked crypto asset by market cap is down greater than 2% prior to now 24 hours.

When it comes to Bitcoin, Bluntz tells his 290,300 X followers that BTC nonetheless has “many legs larger” within the present run-up. The analyst’s chart suggests the highest crypto asset may surge to round $95,000 by the tip of the yr.

BTC is buying and selling at $72,290 at time of writing.

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Disclaimer: Opinions expressed at The Every day Hodl should not funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your personal threat, and any losses it’s possible you’ll incur are your accountability. The Every day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Every day Hodl an funding advisor. Please word that The Every day Hodl participates in online marketing.

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Tags: BlockchainGearingImpulseLayerOneParabolicRunSUIStyleTopTrader
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