Prominent cryptocurrency expert Bluntz predicts a potential surge for FLOKI Coin, a rival to Dogecoin (DOGE) and Shiba Inu (SHIB). As a notable meme coin with growing market capitalization, FLOKI has recently gained traction, highlighting its ongoing project advancements and market excitement.
What is Bluntz’s FLOKI Coin Forecast?
Bluntz asserts that an increase of at least 114% for FLOKI could be on the horizon. He points to a nearly completed Reverse Head and Shoulders pattern on its weekly chart, indicating an impending upward trend.
“FLOKI has been consolidating for about a year, developing the right shoulder on a significant timeframe. The time for a breakout is approaching, and I am confident it will reach new all-time highs soon,” Bluntz remarked.
What Insights Does Bluntz Offer for SUI Coin?
In addition to FLOKI, Bluntz shared thoughts on SUI, a layer-1 altcoin. He commended its daily chart for showing resilience despite market fluctuations, suggesting it maintains a robust position.
“SUI’s daily chart displays consistent strength; it rarely dips and frequently achieves new all-time highs with minimal market resistance. I anticipate new peaks for SUI as well,” he stated.
- FLOKI is trading at $0.000161, down 53% from its peak of $0.000345 in June 2024.
- SUI currently sits at $4.60, approximately 15% under its recent high of $5.35.
- Analyst cautions regarding volatility in crypto markets, despite expected positive movements for both coins.
The upcoming months may reveal significant developments for FLOKI and SUI, yet market participants should remain vigilant of the inherent unpredictability within cryptocurrency trading.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
