Top Analyst Predicts New All-Time Highs for Two Surging Memecoins, Updates Forecast on Ethereum

Top Analyst Predicts New All-Time Highs for Two Surging Memecoins

Pseudonymous analyst Bluntz predicts significant gains for two popular memecoins, Pepe (PEPE) and Floki (FLOKI).

Pepe (PEPE)

Bluntz believes PEPE has further potential for growth despite its recent surge. His analysis suggests a possible rally to a new record high of $0.000028. Currently trading at $0.000016, PEPE has a potential upside of approximately 75%.

Floki (FLOKI)

Bluntz also expresses optimism for FLOKI. Drawing parallels to Pepe's earlier gains, he anticipates a similar trend for FLOKI. His chart analysis indicates a potential new all-time high of $0.00044. At the time of writing, FLOKI trades at $0.000294.

Ethereum (ETH/BTC)

Beyond memecoins, Bluntz monitors the ETH/BTC trading pair. He predicts a brief dip below 0.052 BTC ($3,553) before a rally to 0.06 BTC ($4,100). This is supported by a potential bearish divergence, suggesting a loss of momentum despite the recent uptrend.

Bluntz analyzes market movements using the Elliott Wave theory, which postulates that bullish assets tend to correct after a five-wave surge. His chart analysis suggests that ETH/BTC may be nearing the end of a five-wave rally, potentially leading to a retracement.

At the time of writing, ETH/BTC trades at 0.05625 BTC ($3,842).