The crypto market is showing signs of potential breakouts for BONK and PEPE. BONK has been trading sideways for three days, possibly indicating an upcoming breakout. Technical analysis suggests that BONK's price could reach 0.000003000. The rising wedge pattern between the third and fourth waves further supports this analysis. The RSI of 53.86 on the 1-hour chart indicates a neutral to slightly bullish sentiment. Similarly, PEPE is also experiencing bullish momentum, with a strong Elliott Wave pattern on the 4-hour chart. The fifth and final wave could drive PEPE's price higher, potentially reaching 0.012000. The RSI of 62.95 on the 4-hour chart suggests a bullish phase for PEPE. However, caution is advised, and this information is for informational and educational purposes only.
- Content Editor ( coinedition.com )
- 2024-10-01
Rising Wedge in BONK, Elliott Wave in PEPE: Which Coin Will Break Out?