Analyst Predicts Significant Price Increase for PEPE Coin and Bitcoin

Analyst Predicts Substantial Price Surge for PEPE Coin and Bitcoin

Cryptocurrency expert "Bluntz" foresees a significant upward trajectory for PEPE coin. On social media platform X, the analyst predicts a possible 35% increase for Pepe (PEPE) from its current value.

PEPE Coin Forecast

Bluntz observes that PEPE has established a base after concluding an ABC correction on the hourly chart. According to Elliott Wave Theory, this pattern suggests a potential price uptrend.

The analyst suggests that PEPE could potentially reach $0.00002800. Additionally, he anticipates a five-wave pattern to complete the coin's upward movement.

Bitcoin's Rise

Bluntz notes that Bitcoin (BTC) is currently undergoing a substantial "wave five" ascent and could potentially reach $180,000. Bitcoin's current value steht at $98,957, recently reaching a high of $99,588 within 24 hours.

Bluntz's Commentary

"Raise your targets. Many are likely anticipating a perfect Pepe rally before testing all-time highs. However, it would be unfortunate if the surge reverses from here. Commentary suggests a substantial sell-off at $100,000 for BTC, but this level will likely be surpassed, with PEPE following suit."

At the time of writing, PEPE is trading at $0.00002064, representing a substantial increase of over 160% since reaching a low of $0.00000775 on November 5. Bluntz anticipates a breakout for PEPE, completing a five-wave uptrend.

While the technical indicators and market trends highlighted by Bluntz suggest positive signals for both PEPE and Bitcoin, it is crucial to acknowledge that market conditions can be volatile and predictions may change accordingly.

Investors should consider these predictions along with their own evaluations and implement suitable strategies for the dynamic cryptocurrency market.