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.

See More: Dogecoin HODLERs Are Beating Shiba Inu With 57% Landing In Profits, IntoTheBlock Data Reveals

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.

Read Next: Here’s How Much You Should Invest In Shiba Inu Today For A $1M Payday If SHIB Hits 1 Cent?

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: KaleoMichaël van de PoppePepe Coin
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!