Cryptocurrency Analyst Provides Market Outlook on Ethereum, XRP, and Pepe
Credible Crypto, a seasoned cryptocurrency analyst, offers his insights into the potential futures of Ethereum (ETH), XRP, and the popular memecoin Pepe (PEPE).
Warning Issued for PEPE
Credible Crypto notes that PEPE has remained relatively stable despite the recent market downturn. However, he cautions that the long-term outlook for PEPE is bearish.
The analyst predicts that PEPE could experience a price increase of approximately 38% before falling below $0.000005. At the time of writing, PEPE trades at $0.0000104.
Cautious Optimism for Ethereum and XRP
Credible Crypto expects a decline in Ethereum, the largest altcoin. He anticipates a drop below $2,800, approximately 12% from its current level.
The analyst suggests that Ethereum may first rise above $3,400 before experiencing a subsequent decline. ETH currently trades at $3,174.
Lastly, Credible Crypto mentions XRP, suggesting that he would seek buying opportunities if the price falls below $0.49. His analysis indicates that the altcoin could potentially surge by 66% to reach $1. XRP currently trades at $0.603.
The post initially appeared on COINTURK NEWS.
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