Altcoins

Altcoins To Bounce ‘So Hard’ Off Bottom, Says Top Trader – Here’s His Memecoin To Watch

A intently adopted crypto analyst and dealer believes altcoins are gearing up for a surge after a hefty correction.

Pseudonymous dealer The Stream Horse tells his 200,300 followers on the social media platform X that altcoins will possible quickly soar from their market backside in a imply reversion.

“Putting Bitcoin aside, some of these alts are going to bounce so hard off just normal mean reversion. Might need to put together a shopping list but still feeling kind of apathetic about trading until at least July.”

The analyst can also be selecting Pepe (PEPE) because the memecoin he believes will outperform the others, together with dogwifhat (WIF).

“Memecoins aren’t lifeless, however I don’t know if you wish to reference WIF because the consultant pair or horse to guess on. [WIF is] down in opposition to Solana from SOL all-time excessive (ATH), underperforming BTC from BTC ATH, underperforming each from unique April lows, underperforming from the final highs.

Probably the most match horse is PEPE.”

PEPE is buying and selling for $0.00001272 at time of writing, up 20% within the final 24 hours.

Nevertheless, the analyst says that WIF is probably going bottoming and unlikely to dip to the $1 degree.

“Feelings aside, I still prefer being a buyer here rather than a seller. Getting $1 fills would be poetic but probably isn’t happening.”

Supply: The Stream Horse/X

WIF is buying and selling for $2 at time of writing, up practically 19% within the final 24 hours.

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