A crypto analyst, CrediBULL Crypto, shared his thoughts on the future of Pepe (PEPE), Ethereum (ETH), and XRP. Let’s dive into his predictions.
Pepe’s Potential
CrediBULL Crypto believes Pepe could be on the verge of a rally. Despite the overall crypto market downturn, Pepe has held its ground. He thinks it could surge to take advantage of untapped liquidity before joining the bearish trend.
He’s not opening a long position yet, but his analysis suggests Pepe could climb as high as $0.00001382. However, he also sees a potential drop to $0.00000570 if the market takes a larger dip. A Bitcoin rebound could change this bearish outlook.
Ethereum’s Uncertain Future
CrediBULL Crypto is bearish on Ethereum in the short term. He recently closed his short position, expecting a rebound that didn’t materialize. He’s not looking to short Ethereum at its current price, as that rebound could still happen.
Despite this, he remains bullish on Ethereum in the long run. He’s hoping for a drop to new lows, which would give him a chance to buy more. He previously predicted Ethereum would reach $20,000 in this cycle.
XRP’s Ranging Status
CrediBULL Crypto’s previous analysis on XRP remains unchanged. He sees XRP as being in a range and isn’t currently trading it. However, he’s interested in buying if it drops to $0.50 or even $0.39.
He expects XRP to potentially drop to these levels after its recent pump. He predicted this pullback before it happened, and he’s watching for a move back into the green zone.
