Renowned cryptocurrency analyst Bluntz, a “Master Trader” on Bybit, has shared a bullish outlook for Dogecoin (DOGE). Highlighting its recent technical correction, Bluntz believes the popular meme coin is poised for a significant upward move.
New Targets for Dogecoin
In a post shared with his 291,000 followers on X, Bluntz explained that Dogecoin has completed its technical correction against Bitcoin (BTC) and may soon enter a strong upward trend. Drawing from Elliott Wave Theory, he emphasized that corrections of this nature often precede robust rallies.
“The DOGE/BTC pair has regained strength. It has moved past the lows of wave A and completed a clear ABC correction. I anticipate the next phase will be an upward surge,” Bluntz stated.
The analyst predicts that the DOGE/BTC pair could reach 0.000008 BTC, potentially sparking renewed momentum for Dogecoin.
Bitcoin Eyes $100,000
Bluntz also expressed optimism for Bitcoin, forecasting a climb to $100,000 as part of a five-wave upward trend. Currently trading at $90,227, Bitcoin has been moving in line with his projections. “Everything is progressing according to plan so far,” he added.
Pepe’s Potential Comeback
Another meme coin that caught Bluntz’s attention is Pepe (PEPE). He expects PEPE to surge to $0.00003, citing the token’s historical performance. With its current price at $0.0000214, PEPE could deliver surprising gains.
“Pepe’s magical moves never fail to amaze,” Bluntz remarked, drawing attention to the coin’s potential.
Conclusion
While cryptocurrency markets remain highly volatile, analysts like Bluntz provide valuable insights for investors. His predictions for Dogecoin, Bitcoin, and Pepe highlight opportunities for those looking to capitalize on market movements.
As always, investment decisions should be guided by personal research. Stay informed with Dey There, your trusted source for the latest cryptocurrency news and trends.
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