,You can also read this news on COINTURK NEWS: Analyst Predicts Significant Drop for PEPE and Warns About WIF
Known as DonAlt, the analyst who accurately predicted the major upward breakout in the cryptocurrency market in 2023, has made a notable bearish prediction for Pepe (PEPE). The analyst also issued a warning for dogwifhat (WIF).
Warns of Bearish Outlook for PEPE
Addressing his followers on the social media platform X, DonAlt suggested that PEPE made a fake breakout by reaching an all-time high (ATH) before sellers pushed the price below $0.000009959. In technical analysis, a fake breakout typically indicates a significant drop and suggests that selling pressure is suppressing demand.

The analyst continued by emphasizing that PEPE’s drop below its ATH indicates a fake breakout and that the altcoin’s chart will remain bearish unless it surpasses its ATH. According to DonAlt, if the popular altcoin exceeds its ATH, the bearish trend may turn into a bullish one.
According to DonAlt’s analysis, the next critical support level for PEPE is at $0.0000065, and the price must not fall below this level to avoid strengthening selling pressure.
Highlights Bearish Trend for WIF
DonAlt also commented on another popular memecoin, dogwifhat’s WIF, stating that it will remain in a bearish trend unless it surpasses a significant price level. He noted that WIF has almost returned to its recent low range and would look better above $2.77 or below $2. Currently, WIF is trading at $2.68.

On the other hand, the analyst expects significant devaluations for altcoins in the memecoin market based on historical data from previous cycles. DonAlt added that many of today’s highly popular memecoins will lose more than 80% of their value. According to him, new memecoins will emerge, form new communities, and experience significant price increases, but the same devaluation cycle will continue to be followed.
DonAlt’s prediction is based on historical patterns observed in the cryptocurrency market. The analyst noted that this scenario has played out multiple times in cryptocurrency history. Although the current memecoin peak has not yet been reached, it will eventually be reached, and even the most reputable memecoins will face a 90% drop in value.
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,您还可以在 COINTURK NEWS 上阅读此消息：分析师预测 PEPE 大幅下跌并警告 WIF 准确预测 2023 年加密货币市场重大向上突破的分析师 DonAlt 对 Pepe 做出了显着的看跌预测（PEPE ）。该分析师还对dogwifhat (WIF)发出警告。对PEPE看跌前景的警告DonAlt在社交媒体平台X上向他的粉丝发表讲话时表示，PEPE在卖家推高价格之前达到了历史最高点(ATH)，从而实现了假突破低于 0.000009959 美元。在技​​术分析中，假突破通常表明价格大幅下跌，并表明抛售压力正在抑制需求。分析师继续强调，PEPE 跌破其 ATH 表明假突破，并且山寨币的图表将保持看跌，除非它超过其 ATH。 DonAlt 表示，如果流行的山寨币超过其 ATH，则看跌趋势可能会转为看涨趋势。根据 DonAlt 的分析，PEPE 的下一个关键支撑位是 0.0000065 美元，价格不得跌破该水平，以避免走强抛售压力。WIF 的看跌趋势DonAlt 还对另一种流行的 memecoin，dogwifhat 的 WIF 发表了评论，表示除非它超过显着的价格水平，否则它将保持看跌趋势。他指出，WIF 几乎已回到近期低点，高于 2.77 美元或低于 2 美元看起来会更好。目前，WIF 的交易价格为 2.68 美元。另一方面，根据之前周期的历史数据，分析师预计 memecoin 市场中的山寨币将大幅贬值。 DonAlt 补充说，当今许多非常流行的模因币将损失超过 80% 的价值。据他介绍，新的模因币将会出现，形成新的社区，并经历显着的价格上涨，但同样的贬值周期将继续遵循。DonAlt 的预测是基于在加密货币市场中观察到的历史模式。这位分析师指出，这种情况在加密货币历史上已经多次上演。尽管目前的 memecoin 峰值尚未达到，但它最终会达到，即使是最有信誉的 memecoin 也将面临 90% 的价值下跌。该帖子首先出现在 COINTURK NEWS：分析师预测 PEPE 大幅下跌并警告 WIF