Dogecoin Rally in Full Swing, Solana Rival Added to Altcoin Hotlist

Hey there! If you’ve been following Dogecoin (DOGE) lately, you might want to hear what an analyst called “Master Trader” on Bybit has to say. According to this analyst, who goes by the name Bluntz on social media, Dogecoin’s correction phase is over, and the memecoin is gearing up for a parabolic rally.

Bluntz, with a following of over 299,300 on X, believes that DOGE’s current wave is on the up and up, with the potential to reach above $1 before completing its five-wave rally. Despite some boredom in the market over the past few weeks, the analyst sees DOGE’s parabolic journey just beginning and suggests not taking any profits until it hits at least $1.

Using the Elliott Wave theory, which describes the pattern of bullish asset surges, Bluntz explains that DOGE is currently in a corrective phase before potentially skyrocketing. As of now, DOGE is trading at $0.388.

But Bluntz’s enthusiasm doesn’t stop at DOGE. The analyst also has high hopes for Sei (SEI), a rival to Solana (SOL). According to Bluntz, SEI has broken through some significant resistance levels and is on the verge of a big move in both Bitcoin (SEI/BTC) and US dollar pairs.

And speaking of Bitcoin, Bluntz is optimistic that BTC will start climbing soon, leaving those waiting for lower levels behind. With a chart pointing towards a possible surge above $100,000, Bitcoin is currently priced at $92,022.

So, if you’re keeping an eye on these cryptos, it might be worth following Bluntz’s insights on their potential moves. Stay tuned for more updates and happy trading!