A well-known crypto analyst, Bluntz, is predicting significant price increases for two altcoins: Sui (SUI) and Pyth Network (PYTH). Bluntz, who boasts a large following on X (formerly Twitter), uses Elliott Wave theory in his analysis.
Sui (SUI) to Soar?
Bluntz believes Sui, a Solana competitor, is poised for a major rally. He forecasts a price jump to $5.50, representing a massive 98% increase from its current price. He bases this prediction on what he sees as a five-wave rally pattern forming on the charts. In short, he thinks Sui is looking very strong.
Pyth Network (PYTH) to Double?
Bluntz is also bullish on Pyth Network, a Solana-based decentralized oracle. He sees a bullish divergence on the weekly chart, suggesting a significant price reversal is on the horizon. He believes the Solana ecosystem is currently undervalued, and Pyth could easily double in price. Currently trading at $0.105, a doubling would send it to $0.21.
Disclaimer: This is not financial advice. Investing in cryptocurrencies is risky, and you could lose money. Always do your own research before investing.
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