Crypto Analyst Predicts Breakout For Two Dogecoin Rival: 'Meme Season Feels Like It Is Heating Up Again'
Portfolio Pulse from Mehab Qureshi
Crypto analyst Bluntz predicts a breakout for two meme cryptocurrencies, Dogwifhat (WIF) and Pepe Coin (PEPE), based on Elliott Wave theory analysis. WIF is expected to break out from an ascending triangle pattern with a target price of $1.40, currently trading at $0.63. PEPE is also anticipated to ascend, aiming for a target of $0.0000022 after completing a three-wave correction.
February 28, 2024 | 11:47 am
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Pepe Coin (PEPE) is expected to ascend to a target of $0.0000022 after completing a three-wave correction, as per Bluntz's analysis.
Bluntz suggests that PEPE, after completing a typical three-wave correction, is gearing up for an ascent. The positive sentiment and technical analysis could attract investor interest, potentially leading to a price increase.
CONFIDENCE 70
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
Dogwifhat (WIF) is predicted to breakout to a target price of $1.40, currently at $0.63, based on Elliott Wave theory analysis by Bluntz.
Bluntz's analysis, based on Elliott Wave theory, suggests WIF is on the verge of a breakout from an ascending triangle pattern. This technical pattern, combined with the analyst's positive outlook, could drive investor interest and potentially lead to a price increase.
CONFIDENCE 70
IMPORTANCE 80
RELEVANCE 90