A respected crypto analyst who correctly predicted the bottom of Bitcoin’s 2018 price crash believes that Dogecoin (DOGE) is poised for a major rally.
Dogecoin (DOGE)
According to the analyst, known as Bluntz, DOGE has completed a three-wave correction and is now ready to surge higher against both the US dollar and Bitcoin. Bluntz believes that DOGE could potentially rise by over 50% from its current level, reaching above $0.24.
Pepe (PEPE)
Bluntz also sees potential for significant gains in Pepe (PEPE), another memecoin. He believes that PEPE is poised to reach a new all-time high after completing a wave four correction. Bluntz’s chart suggests that PEPE could rise to around $0.000014.
Bluntz uses the Elliott Wave theory to analyze market trends. This theory suggests that a bullish asset typically experiences a five-wave rally after a three-wave correction.
Disclaimer: Crypto investments are highly risky. Conduct thorough research before investing.
/p>
