Top Crypto Trader Says Large-Cap Memecoin “Still Turbo Strong” and Updates Outlook on Solana and Sui

A widely followed cryptocurrency analyst and trader is bullish on a memecoin while making his forecast for two Layer 1 altcoins.

The analyst, known under the pseudonym Bluntz, tells his 287,700 followers on the social media platform X that Dogecoin (DOGE) is “still turbo strong.”

Based on Bluntz's chart on the four-hour time frame, the pseudonymous analyst appears to be suggesting that Dogecoin could skyrocket by almost 60% and reach a price of $0.22.

At the time of writing, Dogecoin is trading at $0.138, up over 20% in the last two weeks.

The widely followed analyst goes on to say:

“Dogecoin is the new mega-large cap market leader.

You may not have noticed it yet, but you will soon.”

Next up is Solana (SOL). Bluntz says that despite the recent bearish sentiment in the crypto market, Solana only moved slightly lower and did not fall below a key resistance level that it recently cleared on the daily time frame, which is an indication of its strength.

“The likelihood of a counterfeit is decreasing day by day.”

Solana is trading at $166 at the time of writing.

Next is Sui (SUI). The pseudonymous analyst, who regularly uses Elliott Wave theory in his technical analysis, says Sui could be close to setting a new all-time high in a five-wave pattern following a correction. According to Elliott Wave Theory, the main trend of an asset's price moves in a five-wave pattern, while a correction occurs in a three-wave pattern.

Based on Bluntz's chart, the analyst seems to suspect that Sui could reach a price of $2.80, which is about 48% above the current price.

Sui is trading at $1.89 at the time of writing.

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