Price: $0.31659 0.0823%
Market Cap: 46.64B 1.407%
Volume (24h): 4.24B 0%
Dominance: 1.407%
Price: $0.31659 0.0823%
Market Cap: 46.64B 1.407%
Volume (24h): 4.24B 0%
Dominance: 1.407% 1.407%
  • Price: $0.31659 0.0823%
  • Market Cap: 46.64B 1.407%
  • Volume (24h): 4.24B 0%
  • Dominance: 1.407% 1.407%
  • Price: $0.31659 0.0823%
Home > Information news > PEPE Coin and Bitcoin Show Promising Growth

PEPE Coin and Bitcoin Show Promising Growth

Release: 2024/11/23 10:58 Reading: 510

Original author:BH NEWS

Original source:https://coinmarketcap.com/community/articles/67413cede7d40b579fde3ff5

PEPE Coin and Bitcoin Show Promising Growth

You can also read this news on BH NEWS: PEPE Coin and Bitcoin Exhibit Promising Growth

Renowned trading expert "Bluntz" has recently provided insightful forecasts for the meme currency Pepe (PEPE) and Bitcoin (BTC) on social media platform X. Bluntz predicts PEPE has the potential to experience a surge of over 35% from its current value, indicating substantial growth opportunities in the altcoin sector.

PEPE Coin's Expected Trajectory

Bluntz notes that PEPE has reached a local bottom following an ABC correction on its hourly chart, potentially signaling an upward trend based on Elliott Wave principles. According to his analysis, PEPE may ascend to approximately $0.00002800 by forming a five-wave pattern indicative of its price increase.

Bitcoin's Potential Rise

The analyst also comments on Bitcoin's current upward momentum, observing that it is in wave five of a significant rise. He forecasts that Bitcoin could reach a valuation of $180,000, citing its recent peak at $99,588.

Technical Indicators and Market Considerations

PEPE has exhibited a significant increase of over 160% since its low in November. Bluntz anticipates a breakout for PEPE as it nears the completion of a five-wave pattern. Both PEPE and Bitcoin show favorable technical indicators, but it is important to note that market volatility remains a factor.

Cautionary Note

While Bluntz's assessments provide optimism for PEPE and Bitcoin, individuals engaging in cryptocurrency trading should conduct their own thorough analyses. The dynamic nature of the market demands a meticulous evaluation of potential risks and rewards.

Selected Topics

  • Dogecoin whale activity
    Dogecoin whale activity
    Get the latest insights into Dogecoin whale activities with our comprehensive analysis. Discover trends, patterns, and the impact of these whales on the Dogecoin market. Stay informed with our expert analysis and stay ahead in your cryptocurrency journey.
  • Dogecoin Mining
    Dogecoin Mining
    Dogecoin mining is the process of adding new blocks of transactions to the Dogecoin blockchain. Miners are rewarded with new Dogecoin for their work. This topic provides articles related to Dogecoin mining, including how to mine Dogecoin, the best mining hardware and software, and the profitability of Dogecoin mining.
  • Spacex Starship Launch
    Spacex Starship Launch
    This topic provides articles related to SpaceX Starship launches, including launch dates, mission details, and launch status. Stay up to date on the latest SpaceX Starship launches with this informative and comprehensive resource.
  • King of Memes: Dogecoin
    King of Memes: Dogecoin
    This topic provides articles related to the most popular memes, including "The King of Memes: Dogecoin." Memecoin has become a dominant player in the crypto space. These digital assets are popular for a variety of reasons. They drive the most innovative aspects of blockchain.