A broadly adopted crypto analyst and dealer believes that one memecoin is heading for the following leg up.
Pseudonymous crypto dealer Altcoin Sherpa tells his 216,400 followers on the social media platform X that Pepe’s (PEPE) market fundamentals look sturdy.
“PEPE: by no means obtained an opportunity so as to add at $0.00001111, I’m nonetheless on this although. Appears sturdy as hell. Nonetheless a giant fan of memes general.”
Pepe is buying and selling for $0.00001128 at time of writing, down 8% within the final 24 hours.
Subsequent up, the analyst says Ethereum (ETH) rival Solana (SOL) has extra upside potential as a consequence of community exercise.
“SOL: go lengthy Solana. Why? As a result of SOL memes are nonetheless taking off and everybody’s denominated in Solana there. Being within the shitcoin trenches actually helps perceive these items way more. Anticipating pullback quickly however that’d be the dip to purchase in my view.”
Trying on the analyst’s chart, he means that SOL may finally hit $205.
Solana is buying and selling for $166 at time of writing, down 6.7% within the final 24 hours.
Lastly, the analyst says that Bitcoin (BTC) seems to be in a bullish development however may retest the $63,000 degree.
“BTC: value nonetheless appears to be like fairly sturdy to me. If you happen to actually desire a dip to re-enter, search for $63,000 across the 200 exponential transferring common (EMA) on the 4 hour. For now, every part ought to simply proceed in my view.”
Bitcoin is buying and selling for $64,596 at time of writing, down practically 2% within the final 24 hours.
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