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

A popular crypto analyst thinks one layer-1 blockchain is gearing up for a run similar to the one Sui (SUI) has witnessed.

On the social media platform X, the pseudonymous analyst known as Bluntz shares a chart predicting a huge price explosion for the native token for the blockchain project Sei (SEI).

“I think SEI is gearing up for another run.

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.”

Source: Bluntz/X

SEI is trading at $0.408 at time of writing. The 63rd-ranked crypto asset by market cap is down nearly 12% in the past month but up more than 265% in the past year.

Bluntz is also bullish on Dogecoin (DOGE), sharing a chart that suggests the top meme asset could surge to around $0.375.

Source: Bluntz/X

DOGE is trading at $0.169 at time of writing. The 9th-ranked crypto asset by market cap is down more than 2% in the past 24 hours.

In terms of Bitcoin, Bluntz tells his 290,300 X followers that BTC still has “many legs higher” in the current run-up. The analyst’s chart suggests the top crypto asset could surge to around $95,000 by the end of the year.

BTC is trading at $72,290 at time of writing.

Generated Image: Midjourney

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