A Top Analyst Predicts Massive Surge for SEI
A popular cryptocurrency analyst known as Bluntz is forecasting significant gains for SEI, the native token of the Sei blockchain. Bluntz believes that SEI could potentially increase by approximately 152% based on the altcoin’s Bitcoin pair. Bluntz cites SEI’s consolidation and upward breakouts as indicators of its potential growth, suggesting that the token could reach $2. The analyst utilizes the Elliott Wave theory in their technical analysis, which suggests that asset prices follow a five-wave pattern for uptrends and a three-wave pattern for corrections.
Potential Upside for Solana (SOL)
Bluntz also shares their insights on Solana (SOL), stating that the fifth-largest cryptocurrency could experience a 30% increase based on SOL’s Bitcoin pair. According to Bluntz’s analysis, SOL has formed three consecutive higher lows on the daily chart, indicating a possible bullish reversal. The analyst expresses optimism for SOL’s future, predicting a price target of $150.
Current Prices
At the time of writing, SEI is trading at $0.794, marking a substantial increase of around 426% from its price on November 15th, 2023. Meanwhile, Solana is currently priced at $115.
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