Three altcoins worth watching during the pullback period
PEPE
Recently, investors have turned their attention from Bitcoin to meme coins represented by Pepe. Pepe's success is partly due to its widespread adoption and strong liquidity. The token has attracted more than 223,000 holders and recorded about 2 million transfers, showing its influence in the market.
Pepe's price recently soared to $0.0000008477, a performance that ignited investors' optimistic expectations. With the rise in price, Pepe's market value target of $6 billion has become more feasible.
WIF
WIF shows strong upside potential and has recently successfully broken through the bullish inverted pattern, forming a positive price trend on the 4-hour chart. In addition, WIF has successfully retested the breakout level, further consolidating its future bullish outlook.
If market sentiment remains positive, WIF may rise by 25% to $2.2 in the next few days. However, if it can continue to stabilize above $1.65, this goal will be more likely to be achieved. Nonetheless, WIF may face resistance from the 200 exponential moving average (EMA) as it approaches $2.
ENS
As crypto market volatility rises, ENS price surged by about 8% in the past 24 hours, with a trading volume of $146.775 million and a gain of 102.56%. Despite a 30% correction in the past month, the altcoin has gained 88% so far this year.
If the current bullish sentiment persists, ENS price may climb to a high of $27.75 in the near future.
