Pepe

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 A popular crypto strategist thinks that two scorching-hot memecoins are racing toward fresh all-time highs.
 Pseudonymous analyst Bluntz tells his 260,500 followers on the social media platform X that Pepe (PEPE) has more gas left in the tank even after its more than 140% surge this month.
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 The top trader shares a chart suggesting that PEPE could soar to new record highs of $0.000028.
 “Despite the all-time highs, I think PEPE will continue to be the fastest horse for now.”
 <figure style="width: 100%" class="wp-caption aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GOnpvYeaIAEYR3l?format=jpg&amp;name=medium" alt="Image" width="1112" height="791">
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 Source: Bluntz/X
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 At time of writing, Pepe is worth $0.000016, indicating an upside potential of 75% if the memecoin hits Bluntz’s target.
 Next up, the analyst is also bullish on fellow meme token Floki (FLOKI).
 “Getting pre-PEPE all-time high vibes from FLOKI.
 The chart looking really nice in my opinion.”&nbsp;
 <figure style="width: 100%" class="wp-caption aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GOkET2MbMAAjjw3?format=jpg&amp;name=medium" alt="Image" width="1110" height="1146">
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 Source: Bluntz/X
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 Based on the trader’s chart, it appears that Bluntz is predicting a new all-time high of $0.00044 for FLOKI. At time of writing, FLOKI is trading at $0.000294.
 The crypto strategist is also keeping a close watch on the top altcoin Ethereum in its Bitcoin pair (ETH/BTC). The trader sees ETH/BTC taking a dip below 0.052 BTC ($3,553) before 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.”&nbsp;
 <figure style="width: 100%" class="wp-caption aligncenter"><img loading="lazy" decoding="async" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GOoWGlRbgAA7Vcq?format=jpg&amp;name=medium" alt="Image" width="1107" height="526">
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 Source: Bluntz/X
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 The trader practices the Elliott Wave theory, which states that a bullish asset tends to correct after a five-wave surge. Looking at the trader’s chart, he seems to suggest that ETH/BTC has already completed a five-wave rally and is primed for a leg down.
 Bluntz’s reading is supported by a bearish divergence, a signal indicating that the pair is losing momentum despite its recent move up.
 At time of writing, ETH/BTC is trading at 0.05625 BTC ($3,842).
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Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/top-analyst-predicts-new-all-time-highs-for-two-surging-memecoins-updates-forecast-on-ethereum-tbt90274.html">https://thebittimes.com/top-analyst-predicts-new-all-time-highs-for-two-surging-memecoins-updates-forecast-on-ethereum-tbt90274.html</a>

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

TheBitTimes

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