Altcoins

Top Analyst Predicts New All-Time Highs for Two Surging Memecoins, Updates Forecast on Ethereum

A preferred crypto strategist thinks that two scorching-hot memecoins are racing towards recent all-time highs.

Pseudonymous analyst Bluntz tells his 260,500 followers on the social media platform X that Pepe (PEPE) has extra fuel left within the tank even after its greater than 140% surge this month.

The highest dealer shares a chart suggesting that PEPE might soar to new document highs of $0.000028.

“Despite the all-time highs, I think PEPE will continue to be the fastest horse for now.”

Supply: Bluntz/X

At time of writing, Pepe is price $0.000016, indicating an upside potential of 75% if the memecoin hits Bluntz’s goal.

Subsequent up, the analyst can also be bullish on fellow meme token Floki (FLOKI).

“Getting pre-PEPE all-time excessive vibes from FLOKI.

The chart wanting very nice in my view.” 

Image
Supply: Bluntz/X

Primarily based on the dealer’s chart, it seems that Bluntz is predicting a brand new all-time excessive of $0.00044 for FLOKI. At time of writing, FLOKI is buying and selling at $0.000294.

The crypto strategist can also be maintaining an in depth watch on the highest altcoin Ethereum in its Bitcoin pair (ETH/BTC). The dealer sees ETH/BTC taking a dip under 0.052 BTC ($3,553) earlier than breaking out and rallying to 0.06 BTC ($4,100).

“12 hour bearish divergence on ETH/BTC and a clear impulsive give-wave rise. Give shakeout dip before turbo send please.” 

Image
Supply: Bluntz/X

The dealer practices the Elliott Wave idea, which states {that a} bullish asset tends to appropriate after a five-wave surge. Trying on the dealer’s chart, he appears to recommend that ETH/BTC has already accomplished a five-wave rally and is primed for a leg down.

Bluntz’s studying is supported by a bearish divergence, a sign indicating that the pair is shedding momentum regardless of its latest transfer up.

At time of writing, ETH/BTC is buying and selling at 0.05625 BTC ($3,842).

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