Analyst Predicts Major Dogecoin Breakout; Updates on Sui, Popcat

A prominent analyst and trader is sharing his predictions on three cryptocurrency assets.

The analyst, who goes by the name Bluntz, informs his 283,900 followers on the social media platform X that Dogecoin (DOGE) is “on the verge of a significant breakout” after a brief correction observed on the two-hour chart.

From the well-regarded analyst’s chart, it seems he suggests that Dogecoin has exited a descending trend line on the daily frame and is currently trying to surpass the resistance level around $0.132.

At the time of writing, Dogecoin is priced at $0.122.

Next is the native token of the layer-one blockchain, Sui (SUI). The pseudonymous analyst states that Sui has shown resilience this week, despite claims that insiders sold approximately $400 million worth of SUI tokens. The Sui Network has since refuted these allegations.

“…remarkable SUI strength amid all the fear, uncertainty, and doubt (FUD) this week.

just taking it in stride with a retest of the all-time high.”

As of now, Sui is trading at $2.04, approximately 13% lower than its all-time high of $2.35 reached on October 13th.

Lastly, we have the cat-themed memecoin Popcat (POPCAT). According to Bluntz, Popcat is shaping up to be an appealing long opportunity.

“POPCAT is getting really close to a buyable level; I’d like to see one more sweep, though.”

From Bluntz’s four-hour chart, it appears that he anticipates Popcat could potentially increase by at least 30% from its current level, aiming for a new all-time high of around $1.70.

Currently, Popcat is trading at $1.30.

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