A widely followed cryptocurrency trader and analyst is becoming bullish on a Dogecoin competitor (DOGE) and Shiba Inu (SHIB) while offering his predictions for Bitcoin (BTC) and decentralized finance (DeFi) altcoin Jupiter (JUP).
The pseudonymous trader known as Bluntz tell his 300,000 followers on social media platformPEPE) is on the verge of a breakthrough after a correction of around 30% from the all-time high reached earlier this month.
Based on the pseudonymous analyst’s chart, it appears that Bluntz sees PEPE rising around 60% from the current level to reach a new all-time high.
PEPE is trading at $0.00002 at the time of writing.
Next up is Bitcoin. According to For Bluntz, the crypto king now appears optimistic after recovering from “most of the decline” that occurred earlier this week and which saw BTC fall almost 10% from the all-time high of just a little less than $100,000.
According to Bluntz, many altcoins will “rip hard this week” amid Bitcoin price recovery.
Next up is Jupiter, the decentralized exchange aggregator built in Solana (GROUND) ecosystem. The analyst said this JUP is poised to increase by at least 72% from the current level.
“Even despite a 100% rise from the lows, the JUP seems to have been accumulating for six months and the real increase phase has not even really started.
There is no doubt in my mind that this is reaching new all-time highs before this cycle is over, in my opinion.
JUP is trading at $1.17 at the time of writing, approximately 42% below the all-time high of $2.00 reached in January.
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