Memecoin Season Heats Up: Trader Predicts Gains for Dogwifhat and Pepe

A trader who correctly predicted the 2018 Bitcoin bear market bottom is optimistic about two memecoins.

Dogwifhat (WIF)

Analyst Bluntz believes that WIF has been forming bullish patterns, with each corrective move leading to a higher low. He suggests that the memecoin is on the verge of breaking out from an ascending triangle pattern, targeting a rally towards $1.40.

Pepe (PEPE)

Bluntz also sees potential in PEPE, which he believes has completed a corrective move and is poised to rally towards $0.0000022. He notes that the memecoin has shown steady growth over the weekend.

Bluntz’s predictions indicate that the “memecoin season” is heating up again. However, investors are advised to conduct their own research before making any high-risk investments in cryptocurrencies.