Expert Forecasts Upcoming Surges in Bitcoin Cash, Litecoin, Pepe, and a Prominent Ethereum Competitor
Expert Analyst Anticipates Bullish Momentum for Bitcoin Cash (BCH), Litecoin (LTC), Pepe (PEPE), and an Ethereum (ETH) Competitor
Renowned crypto analyst Kaleo, who commands a substantial following of 593,100 Twitter users, has shared his insights on potential price rallies within the cryptocurrency market. In his latest predictions, Kaleo suggests that Bitcoin Cash (BCH), Litecoin (LTC), meme-inspired asset Pepe (PEPE), and a notable Ethereum (ETH) rival could experience significant surges in the near future.
Regarding Bitcoin Cash, Kaleo highlights its recent rally, which propelled the coin from approximately $106 to a staggering peak of $321.89 on June 30th, representing an impressive 202% increase. Undeterred by a subsequent retracement to $283, Kaleo expresses optimism, stating, “I have a good feeling BCH is far from done.”
Shifting his attention to Litecoin, the analyst recommends a strategic move, or “punt,” once the crypto asset reaches the $95 to $105 range. He believes that Litecoin, with the upcoming hype surrounding its halving event in August, could potentially rebound to the $110 area. Kaleo states, “After the pullback off high time frame resistance, I’m a fan of punting on LTC in the $95-$105 range. Given the anticipation of the halving just a month away, there’s potential for a significant squeeze at a reclaim of $110+ on the bearish trend break.”
Furthermore, Kaleo’s analysis indicates a bullish outlook for the LTC/BTC pair, predicting a surge above $0.0040. At present, the pair stands at $0.003432, while Litecoin itself is trading at $97.30.
Moving on to the popular meme asset Pepe, Kaleo notes some noteworthy movements and envisions a potential return to the $0.0000036 range, a price level last seen in early June. As of now, Pepe is valued at $0.000002.
Concluding his analysis, Kaleo directs attention to the smart contract platform Solana (SOL), expressing confidence that it is poised to surpass the $20 mark, indicating a potential price surge in the near term.
Disclaimer: The information provided in this article is for informational purposes only and should not be construed as financial or investment advice. Cryptocurrency investments are subject to market risks, and individuals should seek professional advice before making any investment decisions.