Analyst Predicts Significant Price Surge for PEPE and BNB
Cryptocurrency analyst Bluntz anticipates a price surge for the Ethereum-based memecoin PEPE. He observes a similarity between PEPE's two-hour chart and Bitcoin's price movements during its dip to $16,000 in January 2023. Bitcoin subsequently surged over 360% in 15 months.
Bluntz highlights the potential of several other memecoins, including CAT, POPCAT, WIF, and FLOKI. He believes these coins could outperform others during a market uptrend.
The analyst also predicts a rise for BNB, the native token of the BNB Chain. He points to the impressive formation in its high time frame chart. According to Bluntz, BNB is poised to reach $1,000.