CandleFocus ‘Coming in Hot’ – Top Trader Predicts Rallies for PEPE and One Solana Rival, Says Hard To Be Bearish on Many Altcoins
2024-09-16
Author: Content Editor
The analyst Bluntz predicts that memecoin Pepe (PEPE) and Solana challenger Sei (SEI) are poised for breakout rallies in the crypto market. Bluntz believes that both coins have shown bullish reversal patterns, indicating accumulation and potential upward movement. SEI has broken out from a rounding bottom pattern, while PEPE has broken out from an inverse head-and-shoulders pattern. As for Bitcoin, Bluntz sees potential rallies due to liquidity injections from the Federal Reserve, and maintains his prediction that Bitcoin will reach a new all-time high around $100,000.
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