Analyst Revises Outlook on Dogecoin and Pepe and Predicts EthereumBased Altcoins Potential Surge of Over 1700
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Analyst Revises Outlook on Dogecoin and Pepe and Predicts EthereumBased Altcoins Potential Surge of Over 1700

A popular cryptocurrency analyst and trader, known as Credible Crypto, is optimistic about a small-cap altcoin that operates on the Ethereum (ETH) blockchain.

With a following of 399,300 on X, Credible Crypto believes that the native token of Curve DAO (CRV), a decentralized finance (DeFi) platform specializing in stablecoin trading, is poised for a significant upward movement.

According to Credible Crypto, CRV has the potential to surge above $6, marking a potential increase of 1,724% from its current price, once Bitcoin (BTC) surpasses $100,000.

As of now, CRV is trading at $0.329, while Bitcoin is priced at $64,706.

In regards to Dogecoin (DOGE), the analyst predicts a bearish target between $0.04 and $0.08 for the popular meme coin.

Credible Crypto states, “The best-case scenario for DOGE that I can envision is maintaining support within the range of $0.1 and $0.075 that we have recently exceeded. If that support is lost, we could see a drop below $0.05.”

At the time of writing, Dogecoin is valued at $0.123.

Moving on to Pepe (PEPE), Credible Crypto suggests that the token seems poised for a downward trend similar to FLOKI.

For those who purchased PEPE above the range highs, the analyst warns, “Good luck, you’ll need it.”

PEPE is currently trading at $0.0000113, while FLOKI is priced at $0.000179.

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