Here Are the Targets for the Crypto Analyst's Released PEPE, Ethereum, and XRP Outlook
The market analysis for Pepe (PEPE), Ethereum (ETH), and XRP was given by a crypto expert. Given the volatility of the market since reaching a new ATH in May, PEPE may likely reach an all-time high, according to his research.
Potential for PEPE's Price to Climb Soon
In an X (formerly Twitter) post, CrediBULL Crypto noted that PEPE has been doing well despite the overall crypto market's decline. To that end, he went on to say that he wouldn't be shocked if the meme currency had one more surge to absorb some unrealized liquidity before it follows the market's present downward trend.
Also, the analyst has come clean about his intentions to wait for things to settle before opening a long position on PEPE. As the expert predicted, PEPE might take advantage of the unrealized liquidity and reach a price of $0.00001382, according to the chart that was published.
Furthermore, after the upswing, the analyst predicts that the meme currency might have a "larger move down," perhaps falling to as low as $0.00000570. If Bitcoin's price and the cryptocurrency market as a whole were to recover, however, the analyst's pessimistic set-up would be rendered useless.
Ethereum and XRP: What Comes Next?
Ethereum, according to crypto experts, may go below $2,800 in the near future. While admitting that he had slashed his shorts in the hopes of a relieving bounce that never came, he made this forecast.
Regarding XRP, Crypto said that his earlier study remains valid and unaltered. His earlier research indicated that he is not now seeking to trade XRP and that the cryptocurrency is still in a range environment. But he did mention that he could be open to a deal if XRP falls below $0.50 or even $0.39.
Crypto pointed out that XRP had a pump, sending it above the local highs; he said he was anticipating a retreat to the green zone, which he highlighted on the charts, and speculated that XRP may yet go to such lows.
