Ethereum-Based Memecoin That’s Up Over 900% in Seven Months About To Break Out, According to Top Crypto Trader
A top-50 altcoin by market cap is on the verge of rallying, according to a closely followed trader and analyst. The analyst pseudonymously known as Bluntz tells his 276,000 followers on the social media platform X that the Ethereum-based memecoin Pepe (PEPE) is forming an ascending triangle pattern on the eight-hour time frame. Source: Bluntz/X The pseudonymous analyst further says that PEPE has turned previous resistance levels to support on its journey upwards. “Looks like Pepe has been lagging a bit but with other memecoins perking up over the last 48 hours I think it probably won&#https://cdn.thebittimes.com/images/2024/09/27/e9322f9e4bad0b8194bf252723bff2b3.webp7;t for too much longer.” Based on the pseudonymous analyst’s eight-hour chart, it appears that he is suggesting that Pepe could go up by around 15% from the current level. Source: Bluntz/X Pepe is trading at $0.00000908 at time of writing, up by around 937% from the February low of $0....