Analyst Predicts Ethereum Will Surpass Bitcoin

Analyst Predicts Ethereum to Outperform Bitcoin

A renowned cryptocurrency analyst has predicted that Ethereum (ETH), a prominent smart contract platform, is poised to significantly surpass Bitcoin (BTC). The analyst also anticipates a robust recovery for a popular meme token.

ETH's Strong Performance

Bluntz, a respected cryptocurrency analyst, shared his observations on social media platform X, noting that he is closely monitoring the two-week chart of the Ethereum and Bitcoin (ETH/BTC) pair. According to the analyst, ETH/BTC is nearing a rare bullish trend, indicating Ethereum's potential to outperform Bitcoin.

Even if the price fluctuates downward or sideways, the bullish trend could signal reversal points amidst growing momentum. Bluntz has identified the 0.1 BTC level (approximately $6,907), which represents a potential gain of nearly 95% from current ETH/BTC levels. The analyst remarked:

"ETH/BTC is only eight days away from showing its first two-week bullish trend… The target is clearly 0.1 (BTC), but we are either below or above it."

Favorite Meme Token

In addition to Ethereum, analyst Bluntz believes that the frog-themed meme token Pepe (PEPE) is poised for growth, considering it the most promising altcoin in its sector. He predicts that Pepe will emerge as the "golden child" of meme tokens as ETH/BTC bottoms out and regains momentum. The expert further commented:

"It seems PEPE is the best-looking major meme token. With ETH/BTC likely bottomed out, I believe this will continue to be the golden child meme and probably rise higher than many expect, but at the end of the day, we are all speculating here."

At the time of writing, the popular meme token PEPE is valued at $0.000015.

The original article was published on COINTURK NEWS.