Top Analyst Says ‘Rage Pump’ Loading for Dogecoin (DOGE) and Shiba Inu (SHIB) Rival – Here Are His Targets
Release: 2023/11/10 21:43 Reading: 488
A popular cryptocurrency trader is expressing optimism for a memecoin that rivals Dogecoin (DOGE) and Shiba Inu (SHIB).
Bluntz, an analyst who uses a pseudonym, has informed his 227,700 followers on social media platform X that Pepe (PEPE) has the potential to increase by over 30% from its current value.
Bluntz utilizes the Elliott Wave theory in his technical Analysis. The Elliott Wave theory states that the main trend of the price of an asset moves in a five-wave pattern.
PEPE appears to be poised for another 30% increase on a daily basis, as it shows a clear five-wave rise with the third wave being the longest.
After examining his chart, the trader proposes that wave five would lead to Pepe being traded at approximately $0.00000160.
According to him, Pepe's current price trend suggests that there will soon be a breakthrough beyond a crucial resistance level.
The PEPE rage pump is loading, with a target of approximately 25-30% upside and a still favorable risk/reward ratio.
He says Pepe is confirming the breakout.
"Shall we proceed? The upward trend has been quite impressive. It's been a long time since I enjoyed investing in a meme cryptocurrency."
At the moment of writing, PEPE is being traded for $0.00000124, showing an increase of 5.4% over the last 24 hours.
The trader also shares his thoughts on Solana (SOL), stating that SOL is expected to continue its upward movement once bankrupt FTX completes the sale of its Solana holdings.
For the past two weeks, FTX has been consistently selling 250,000-700,000 SOL on a daily basis, even as the price has remained stable or increased. The market has been able to absorb this supply with ease, and at this rate, FTX's unlocked tokens are expected to be exhausted within a week. Once this seller stops selling, it is expected that SOL will experience a significant price increase. It is advisable not to miss out on this opportunity.
At the time of writing, Solana is being traded at $44.46, exhibiting a 2.7% increase over the past 24 hours.
Finally, the trader forecasts that Bitcoin (BTC) will experience a breakout following a period of accumulation.
BTC is making a concerted effort to escape from its vertical accumulation. After 18 days of stagnant movement, a breakthrough may finally be on the horizon.
At the time of writing, Bitcoin is being traded for $36,576, marking a 2.3% increase in the past 24 hours.
Recent news
More>- Crazy Biden (CRAZBIDE) Solana Memecoin to Explode Over 19,000% Before Exchange Listing, While Shiba Inu and Dogecoin Lag 11-22
- Crazy Biden (CRAZBIDE) Memecoin Will Explode Over 19,000% Before Exchange Listings, While Shiba Inu and Dogecoin Lag 11-22
- 5 Memecoins Poised for Gains Under Trump’s Crypto-Friendly Agenda 11-22
- Must-Buy Altcoins for Massive Gains Ahead of Bitcoin’s $100K Surge! 11-22
- 3 altcoins under $1 set to explode like the Dogecoin and XRP price 11-22
- The 4 Top Cryptos for Long-Term Investment: How Polkadot, Dogecoin, XRP & BlockDAG Stack Up 11-22
- The 4 Top Cryptos for Long-Term Investment: How Polkadot, Dogecoin, XRP & BlockDAG Stack Up 11-22
- Donald Nukes Ukraine Solana Memecoin Will Skyrocket 15,000% Ahead of Exchange Listing, As Shiba Inu and Dogecoin Underperform 11-22
- Shiba Inu Coin Price Set To Surge, As Pepe And New Meme Coin Trend Globally 11-22
Selected Topics
More>>-
- pepecoin Price Analysis
- This topic provides articles related to PepeCoin price, covering key PepeCoin insights and analysis
-
- pepe:meme star
- This topic provides articles related to the most promising meme, PEPECOIN, a project with the potential to become a mainstream digital currency. It has the advantages of decentralization, reliability, ease of use, fast speed, low cost and scalability, and is expected to be more widely used in the future
-
- pepecoin price prediction
- We’ve gathered facts about pepecoin’s success story and provided a pepecoin price prediction
Selected Articles
More>>- 1 Avalanche and Aptos rival raises over $600k in 2 weeks
- 2 Crypto Prices Today: Market Continues Rally With BTC, Pepe Coin, SEI Rising
- 3 Major Analyst Crypto Tony Bullish on These Meme Coins, But One Stands Out
- 4 MTAUR Ready to Crush DOGE and PEPE: 100x Price Growth Incoming?
- 5 Memecoins Surge in 2024, Popcat Leads with 7,621% YTD Gain, Outshining Top Crypto Tokens
- 6 PEPE Meme Coin Smashes ATH – See How Much an $83 Investment in Pepe Coin Last Year is Worth Now
- 7 Top 4 Altcoins At 70% Discounts – Last Chance!
- 8 Dogecoin Creator Proposes DOGE to NBA Legend Scottie Pippen
- 9 Top Analyst Who Predicted Dogecoin (DOGE) Last 170x Rally Forecasts New Parabolic Rise, Here’s His Price Target
- 10 New Solana Memecoin Trump Loves Elon to Rally 15,000% Before Exchange Listing, SHIB and Bonk Crash
ABOUT US
We are building the most influential，trusted information platform for aglobal community engaged in thd transformation of the financial system andthe emerging crypto economy.PEPE is an integrated platform for media,events,data & indices for the next generation fo investing and the future of money.
Get in touch with the PEPE team at admin@pepecoinbuy.com