A well-known crypto strategist believes that two extremely popular memecoins are on track to reach new all-time highs. Bluntz, an analyst who goes by a pseudonym, informed his 260,500 followers on X, a social media platform, that Pepe (PEPE) still has room to grow even after experiencing a more than 140% surge this month. In a chart shared by the top trader, he suggests that PEPE could skyrocket to new record highs of $0.000028. Bluntz states, “Despite reaching all-time highs, I believe PEPE will remain the fastest-growing contender for now.” At the time of writing, Pepe is valued at $0.000016, indicating a potential increase of 75% if the memecoin meets Bluntz’s target.

Additionally, the analyst is optimistic about another meme token called Floki (FLOKI). Bluntz claims to be getting “pre-PEPE all-time high vibes” from Floki and finds the chart to be quite promising. Based on his chart analysis, Bluntz predicts a new all-time high of $0.00044 for FLOKI. Currently, FLOKI is being traded at $0.000294.

Bluntz is also closely monitoring Ethereum, one of the top altcoins, in its Bitcoin pair (ETH/BTC). The trader anticipates that ETH/BTC will experience a dip below 0.052 BTC ($3,553) before rebounding and rallying to 0.06 BTC ($4,100). Bluntz explains, “There is a 12-hour bearish divergence on ETH/BTC and a clear impulsive give-wave rise. We might witness a shakeout dip before a rapid surge.”

The trader follows the Elliott Wave theory, which suggests that a bullish asset typically corrects after a five-wave surge. By examining Bluntz’s chart, it seems that he believes ETH/BTC has already completed a five-wave rally and is ready for a decline. This interpretation is supported by a bearish divergence, indicating that the pair is losing momentum despite its recent upward movement. As of now, ETH/BTC is being traded at 0.05625 BTC ($3,842).

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