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Analyst Anticipates PEPE and WIF Rallies

Release: 2024/07/31 17:04 Reading: 331

Original author:BH NEWS

Original source:https://coinmarketcap.com/community/articles/66a9f152c70b9d66b77bbc79

Analyst Anticipates PEPE and WIF Rallies

Crypto Expert Predicts Gains for PEPE, WIF, and Others

Altcoin Sherpa, a respected cryptocurrency analyst, has forecast significant rallies for popular memecoins Pepe (PEPE) and dogwifhat (WIF).

PEPE and WIF on the Cusp of Breakout

Sherpa analyzed PEPE and WIF on the X platform, noting that both tokens are approaching critical resistance points. He expressed particular optimism for PEPE and WIF.

For WIF, Sherpa predicted a potential breakout above $0.0000128. Additionally, he identified a diagonal resistance at $2.50, which could trigger a surge in upward momentum if surpassed.

Solana, CORE, and Toncoin's Prospects

Sherpa also discussed Solana (SOL), suggesting the altcoin has potential for further growth after overcoming key resistance levels. He indicated that SOL could continue its upward trajectory in the coming months.

Regarding CORE, Sherpa highlighted its hyper-scalable design and potential as a complementary smart contract platform for Bitcoin (BTC). He anticipates value appreciation after CORE tests its 200-day exponential moving average (EMA).

Sherpa adopted a cautious outlook for Toncoin (TON) in the medium term, but expressed confidence in its long-term prospects. He noted TON's recent strength and speculated whether it would test the $5 (200-day EMA) level.

Key Points

  • PEPE and WIF are approaching critical resistance levels with potential for upward rallies.
  • WIF could experience a significant surge if it surpasses $0.0000128 and $2.50.
  • Solana may reach new highs in the near future.
  • CORE has potential for value growth post-EMA testing.
  • Toncoin's medium-term outlook is cautious, but long-term prospects are promising.

Sherpa's predictions highlight potential investment opportunities in PEPE, WIF, and other altcoins. Investors should consider these insights when making cryptocurrency portfolio decisions.

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