CandleFocus Crypto Trader Says Top Dogecoin and Shiba Inu Rival Could Crash 70%, Updates Outlook on Bitcoin and Solana
2025-03-01
Author: Content Editor
Crypto analyst and trader Ali Martinez believes that the memecoin Pepe (PEPE) is at risk of a significant price drop after breaking below its trading channel. Martinez warns of a potential 70% price correction for Pepe towards $0.00000316. Meanwhile, Martinez also points out that the moving average convergence divergence (MACD) indicator is signaling a bearish trend for Bitcoin (BTC) in the weekly timeframe, with a historical average correction of 40% when the MACD has a bearish crossover. Lastly, Martinez suggests that Solana (SOL) must defend its support level at $125, as a failure to do so could lead to a drop below $70.
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