Investors in the cryptocurrency space are focusing on two altcoin projects that are drawing attention. A prominent crypto analyst predicts SEI will surge, while also hinting at the possibility of Dogecoin entering a parabolic price rise. Both SEI's prolonged consolidation phase and Dogecoin's renewed activity have made these assets a major focus of the market. Here is a deeper look into analysts' expectations and what may happen for investors.

SEI prepares for a potential surge

Analyst Bluntz points out that SEI is preparing for a parabolic price surge. In a recent post on the social media platform X, Bluntz highlighted SEI's -84% correction, followed by a six-month consolidation phase. Currently showing signs of an uptrend, SEI appears to be gathering momentum for a significant move. According to Bluntz, SEI has the potential to attract investor attention through 2024 as a notable project.

Currently, SEI is trading around $0.408, having dropped 12% over the past month, but has risen over 265% in the past year. Bluntz asserts that this potential positions SEI as a standout candidate, with investors closely monitoring the next big move.

High expectations for Dogecoin

Bluntz also noted that Dogecoin may be on the verge of a strong price surge. The analyst shared a chart predicting that DOGE could reach a high of $0.375. Although Dogecoin is currently trading at $0.169, with a slight decrease of 2% in the last 24 hours, analysts remain optimistic about a potential rise as November approaches. With a 17% increase in Dogecoin in October, investors are closely watching its trajectory.

Bluntz points out that Dogecoin has been in an 874-day accumulation phase, urging investors to be patient and cautious with early selling. According to historical data, Dogecoin has shown significant growth when surpassing key resistance levels.

Can Dogecoin rise in November?

As November begins, analysts suggest that if Dogecoin surpasses $0.20, a parabolic price surge could occur, potentially reflecting significant previous surges. Analysts encourage investors to hold off on hasty selling, as this potential surge could significantly push DOGE's price up.


Dogecoin's historical price patterns present promising signs for long-term gains. With the ongoing vibrant meme coin cycle, Dogecoin's performance could play a key role in market dynamics. Bit Journal reminds readers that, despite exciting growth signals, the cryptocurrency market remains volatile, and investors are encouraged to conduct thorough research.


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