Crypto Trader Says These Two Meme Coins Are Set To Spike — And Neither Of Them Are Dogecoin Or Shiba Inu
Portfolio Pulse from Bibhu Pattnaik
A well-known crypto trader, Altcoin Sherpa, has forecasted substantial growth for two meme coins, Pepe (PEPE) and Pepe Coin, despite short-term pullbacks. He also expressed long-term bullishness on Render (RNDR), advising a dollar-cost averaging strategy. The predictions highlight the volatility and speculative nature of meme coins and the growing interest in decentralized technologies.
June 01, 2024 | 5:53 pm
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POSITIVE IMPACT
Pepe Coin is expected to rise significantly in the coming months despite a potential short-term decline after hitting resistance at $5.50. Currently trading at $5.31.
The trader's analysis indicates a potential for significant price increase in the coming months, despite short-term resistance and volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Altcoin Sherpa predicts substantial growth for Pepe (PEPE) despite short-term pullbacks. Currently trading at $0.00001506, it may retest its support level at $0.00001084.
The trader's bullish outlook and detailed chart analysis suggest a potential for significant price increase in the coming months, despite short-term volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Altcoin Sherpa is bullish on Render (RNDR), advising a dollar-cost averaging strategy. Currently trading at $10.06, RNDR has shown a slight increase in the last 24 hours.
The trader's long-term bullish outlook and recommendation for a dollar-cost averaging strategy suggest a positive price trend for RNDR.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80