Pseudonymous Analyst Bluntz Predicts Huge Upside Move Is Coming for Ethereum (ETH)-Based Memecoin Pepe (PEPE)

A trader who continues to grow his following with timely altcoin calls thinks that an Ethereum (ETH)-based memecoin is gearing up for a huge upside move.

A trader with a knack for early altcoin calls is sharing his latest picks, including an Ethereum (ETH)-based memecoin that he believes is poised for a massive rally.

The pseudonymous analyst, known as Bluntz, shared his insights with his 270,400 followers on X, stating that his attention has been drawn to the memecoin Pepe (PEPE).

Bluntz observed that PEPE’s two-hour chart closely resembles Bitcoin’s (BTC) price action back in January 2023, when the apex crypto was bottoming out and trading around $16,000.

“Took one look at PEPE this morning and had deja vu like I’d seen this before.

I had and it was BTC at the 16,000 cycle bottom lows.”

After bottoming out in January last year, Bitcoin went on a bull run, rallying to a new all-time high of $73,737 by March – a gain of over 360% in roughly 15 months.

At the time of writing, Bitcoin is trading at $64,199, while PEPE’s price is $0.0000094.

The analyst also listed a group of memecoins that he anticipates will outpace other altcoins during a bull market.

“Memecoins will still vastly outperform everything else on the way up, IMO (in my opinion).

Easiest strategy is to pick some frogs, dogs and cats:

CAT, POPCAT, PEPE, WIF, FLOKI.”

Regarding BNB, the native token of layer-1 blockchain BNB Chain, Bluntz expressed his optimism for the crypto asset, predicting a significant breakout and a rally to new all-time highs.

“BNB has one of the cleanest high timeframe charts here, IMO.

Consolidation under prior ATH (all-time high) with a sweep of both the top of the range and bottom of the range and has now reclaimed it.

These setups are T1 (tier-one) setups IMO, and we’ve been handed one on an extremely high timeframe.

Legit what dreams are made of IMO, $1,000 soon.”

At the time of writing, BNB’s price is $579.86.

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