Renowned Cryptocurrency Analyst Predicts Bullish Outlook for Dogecoin

Bybit's "Master Trader" Bluntz has shared a positive outlook for Dogecoin (DOGE). Following a recent technical correction, Bluntz anticipates a substantial upward movement for the popular meme coin.

New Targets for Dogecoin

In a message to his followers on X, Bluntz explained that Dogecoin has completed a technical correction against Bitcoin (BTC) and may soon experience a strong rally. Utilizing Elliott Wave Theory, he suggests that such corrections often precede significant surges.

"The DOGE/BTC pair has regained momentum, exceeding the lows of wave A and completing an evident ABC correction," Bluntz stated. "I expect the next phase to be a pronounced upward surge."

The analyst anticipates the DOGE/BTC pair could reach 0.000008 BTC, potentially boosting Dogecoin's momentum.

Bitcoin Eyes $100,000

Bluntz also expressed optimism for Bitcoin, predicting a climb to $100,000 as part of a five-wave upward trend. Currently trading at $90,227, Bitcoin's movements have aligned with his projections. "Everything is proceeding as planned thus far," he added.

Pepe's Potential Comeback

Bluntz highlighted another meme coin, Pepe (PEPE), which has captured his attention. He anticipates a surge in PEPE to $0.00003, citing its historical performance. With its current price at $0.0000214, PEPE could yield impressive gains.

"Pepe's extraordinary movements consistently astound," Bluntz remarked, emphasizing the coin's potential.

Conclusion

Despite the inherent volatility of cryptocurrency markets, analysts like Bluntz offer valuable insights for investors. His predictions for Dogecoin, Bitcoin, and Pepe identify opportunities for those seeking to capitalize on market trends.

Investment decisions should be based on personal research and due diligence. Stay informed with , your trusted source for up-to-date cryptocurrency news and developments.