A popular crypto analyst, known as Bluntz, predicts a significant price increase for the Pepe (PEPE) memecoin. With a large following on X (formerly Twitter), Bluntz shared his bullish outlook, suggesting a potential price surge of over 35%.
Pepe’s Price Prediction
Bluntz, using Elliott Wave theory, believes Pepe has hit a bottom and is ready for another upward move. He points to a completed ABC corrective wave on the hourly chart as a sign of this. His chart analysis suggests Pepe could reach $0.00002800. He cautions, however, that a significant price reversal is also possible.
Currently trading at $0.00002064, Pepe has already seen a massive 160% increase since its November 5th low of $0.00000775.
Bitcoin’s Bullish Outlook
Bluntz isn’t just bullish on Pepe. He also predicts a major surge for Bitcoin (BTC), forecasting a price of $180,000 – a more than 83% jump from its current price. He dismisses the idea that $100,000 will act as a significant resistance level. At the time of writing, Bitcoin is trading at $98,057.
Disclaimer: This information is for general knowledge and shouldn’t be considered investment advice. Investing in cryptocurrencies is risky, and you could lose money. Always do your own research before making any investment decisions.
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