A well-known cryptocurrency analyst, operating under the pseudonym Bluntz, has recently shared insights on potential upcoming price surges in the cryptocurrency market. According to Bluntz, the relatively lesser-known digital assets FLOKI and SUI are showing promising signs of significant upside potential.
Bluntz, who has a substantial following of 307,800 users on the social media platform X, believes that FLOKI is on the brink of a major rally, with a projected increase of at least 114% from its current value. Analyzing the chart patterns, Bluntz points out that FLOKI has been forming an inverse head-and-shoulders pattern on the weekly time frame. This pattern typically indicates a bullish trend reversal, suggesting that FLOKI may be gearing up for a substantial price increase in the near future.
Currently trading at $0.000161, FLOKI is down by 53% from its all-time high of $0.000345 recorded in June 2024. However, Bluntz remains optimistic about the potential for FLOKI to reach new all-time highs within the next few months.
In addition to FLOKI, Bluntz also expressed positive sentiments towards the layer-one altcoin SUI. Despite the ongoing market correction, Bluntz believes that SUI is demonstrating strength and resilience. With a daily chart showcasing consistent upward momentum, Bluntz predicts that SUI is likely to achieve fresh all-time highs in the near future.
As of the time of writing, SUI is trading at $4.60, slightly below its recent all-time high of approximately $5.35. Despite this minor dip, Bluntz remains confident in SUI’s ability to rebound and reach new price milestones.
For those interested in staying updated on the latest cryptocurrency trends and price movements, subscribing to email alerts and following reputable sources on social media platforms like X, Facebook, and Telegram can provide valuable insights. Keeping a close eye on price action and market developments is crucial for navigating the ever-changing landscape of digital assets.
In conclusion, the cryptocurrency market is rife with opportunities for investors seeking high-growth potential. With analysts like Bluntz offering valuable insights and predictions, staying informed and proactive can help individuals capitalize on the dynamic nature of the crypto space.