In the midst of the memecoin uptrend, crypto analyst Michaël van de Poppe is considering the possibility of a notable price surge for Pepe (PEPE), an under-the-radar contender.
With memecoins such as Dogecoin (DOGE) and Shiba Inu (SHIB) gaining prominence, Pepe has attracted the analyst’s attention as a potential candidate for substantial price action.
With a substantial online following, Van de Poppe is strategically eyeing Pepe. He plans to accumulate PEPE if it breaks resistance at $0.00000127 and establishes firm support. This move could offer a promising trading chance.
He expressed, “I’m exploring PEPE trades as memecoins are gaining momentum. I’m already interested in DOGE and SHIB, and now PEPE too. If it surpasses $0.00000127 and goes beyond the $0.00000135 high, that’s a trigger.” Currently, PEPE trades at $0.00000135 according to his analysis.
Van de Poppe’s focus also turns to Chainlink (LINK), a decentralized oracle network. He plans to increase his LINK holdings if the coin drops to its immediate support at $7.30. He expects LINK to rise to $8.44.
He’s personally interested in adding more Chainlink and expects the upward trend to continue in the coming week. LINK’s current value, according to his analysis, is $7.38.
Despite recent crypto market fluctuations, Van de Poppe maintains his positive view on Bitcoin (BTC), the top cryptocurrency. He envisions two potential scenarios for acquiring more BTC, based on market sentiment.
Despite Bitcoin’s recent ups and downs, Van de Poppe thinks it’s likely to keep going up. He stated, “Bitcoin’s recent price movement is amazing. I still see it going up, and I think we’ve reached a low point without a big drop. But if we go below $29,000, I’ll consider buying at $28,200. If we hit $29,700, it could lead to significant gains.”
Currently, Bitcoin is worth $29,234 based on his analysis. As the market changes, Van de Poppe’s insights provide valuable perspectives on potential trends and investment opportunities.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
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