Crypto Analyst Warns PEPE Won't Reach All-Time Highs Anytime Soon: 'Wouldn't Enter Long Until We See Some Bullish Momentum'

A pseudonymous crypto analyst believes that Pepe PEPE/USD won't reach all-time highs anytime soon.

What happened: Kaleo on Tuesday warned about Pepe Coin. The analyst wrote on X, “PEPE Wouldn’t enter long until we see some bullish momentum and a reclaim of $0.0000018. Wouldn’t be surprised to see a return back to the base of this range closer to $0.000001."

This comes as Kaleo last week anticipated an imminent pump for Pepe, much in need of catching up to BONK’s market cap. “As BONK BONK/USD reaches near market cap parity with PEPE, I think PEPE is long overdue for a decent pump. Send it back to ATHs with haste," he tweeted earlier.

At the time of writing, PEPE was trading at $0.0000013.

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Why It Matters: Last week, cryptocurrency analyst and trader Michael Van de Poppe shared a more bullish sentiment on PEPE. In a tweet, Van de Poppe remarked on the coin’s ascending momentum, suggesting that “buying dips on this one is a proper strategy at this market stage. It may be the new $DOGE DOGE/USD .”

Accompanying his tweet, Van de Poppe presented a chart indicating an ideal entry zone for investors is between $0.000001285 and $0.000001350. Moreover, Van de Poppe projects a 30% surge for PEPE, speculating it might attain the $0.0000020 mark.

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