Trader Suggests Solana Competitor Could Experience Dramatic Surge to Record High Provides New Perspective on PEPE and WIF
A widely followed crypto strategist and trader believes that steep rallies are in store for one Solana (
SOL
) challenger.
Pseudonymous analyst The Crypto Dog tells his 829,200 followers on the social media platform X that layer-1 chain Sui (
SUI
) may be poised to witness huge bursts to the upside after printing a new all-time high (ATH).
With blue skies ahead for SUI, the trader thinks it is within the realm of possibility for the altcoin to go vertical.
“We gonna see a proper parabolic ATH break run?”
Source:
The Crypto Dog/X
At time of writing, SUI is worth $2.32 slightly below its new all-time high recorded just hours ago.
Turning to the memecoin Pepe (
PEPE
), the trader thinks it is gearing up to take out its diagonal resistance and spark a new leg up.
“PEPE wants to start something.”
Source:
The Crypto Dog/X
At time of writing, PEPE is trading at $0.00000962, still below the analyst’s diagonal resistance.
Looking at fellow memecoin dogwifhat (
WIF
), the trader thinks the altcoin needs to overcome one downward resistance line to ignite rallies to fresh all-time highs.
“ATH run?”
Source:
The Crypto Dog/X
At time of writing, WIF is trading for $2.63, hovering close to the trader’s diagonal resistance.
As for Bitcoin, the trader
says
BTC
is very close to witnessing a proper bull market.
“We break $63,500 it’s gonna be no items long only final destination.”
At time of writing, Bitcoin is worth $62,682.
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