Analysts who have earned “Master Trader” status on Bybit’s crypto exchange believe that top memecoin Dogecoin is poised to continue its rally.
Pseudonymous Bluntz informs his 291,000 social media followers that Dogecoin (DOGE/BTC) appears to have finished an ABC correctional wave.
A trader uses Elliott Wave Theory, according to which a bullish stock will tend to experience a 5-wave upward move following an ABC correction.
Says Bluntz,
“I have waited for this bull to calm down before I start posting and I believe the time is now.”
The trader seems to be predicting that the DOGE/BTC pair will reach a high of 0.000008 BTC (roughly $0.73). DOGE was trading for $0.365 at the time of this writing.
The analyst, when it comes to Bitcoin, believes BTC is on a new five-wave rise in the shorter timeframe, aiming for $100,000.
“So far so good.”
Bitcoin currently trades for $92,227.
Bluntz believes that Pepe, the memecoin (PEPE), is on its way to a price of $0.00003.
PEPE was worth $0.000000214 at the time this article was written.
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The post “Time has Come” – Top Trade Predicts more Rallies For Dogecoin Updates Forecasts for Bitcoin And PEPE can be changed as new information becomes available.
