Bluntz, a prominent personality in the cryptocurrency sector, has suggested that the layer-1 blockchain SEI is gearing up for a price surge reminiscent of the recent uptrend observed in SUI. He conveyed his optimistic outlook for a substantial increase in the price of SEI’s token via the social media platform X.
### Positive Outlook for SEI
Bluntz pointed out that SEI underwent a significant parabolic rise during the last cycle but then faced an 84% drop during the cyclical DABC. He noted that SEI has been consolidating at the bottom for the past six months. According to him, SEI is poised to embark on a new upward trajectory. “SEI has moved past the 84% decline threshold and is gearing up for a new bullish phase,” the analyst stated.
### Dogecoin’s Variations
In addition, Bluntz expressed a hopeful stance regarding Dogecoin
$0.155976 (DOGE). He shared a chart suggesting that the meme-inspired cryptocurrency could climb to approximately $0.375. His forecasts indicate a favorable short-term outlook for DOGE.
### Bitcoin Price Forecast
When discussing Bitcoin (BTC)
$69,240, Bluntz highlighted that the cryptocurrency retains significant upward potential. He anticipates that BTC could reach around $95,000 by the year’s end. “Bitcoin has a considerable journey ahead in this upward movement. It could hit the $95,000 mark by the close of the year,” he remarked.
Currently, SEI is trading at $0.408, holding the 63rd position in market capitalization. Although it has seen a 12% decline over the past month, it boasts an impressive 265% increase over the past year. Dogecoin, valued at $0.169, ranks 9th and has experienced a 2% decrease in the last 24 hours. Bitcoin is currently priced at around $72,290.
These trends in the cryptocurrency arena are considered important indicators worth observing. Bluntz’s insights regarding SEI, Dogecoin, and Bitcoin offer valuable perspectives on the anticipated future performance of these assets.
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**Disclaimer:** The information presented in this article is not intended as investment advice. Investors should recognize that cryptocurrencies are highly volatile and carry risks, and it is advisable to conduct thorough research before making investment decisions.