Altcoin Sherpa, a popular cryptocurrency trader, is optimistic about the future of Pepe (PEPE), a memecoin that he believes is bottoming out and could see a double-digit percentage increase. Using Fibonacci retracement levels, Sherpa predicts that PEPE could rise from its current level of $0.00000150 to $0.00000235, an increase of 57%. Sherpa also suggests that many altcoins have bottomed out in the near term, including Ethereum scaling solution Arbitrum (ARB), smart contract blockchain Sui Network (SUI), and non-fungible token market Blur (BLUR), and could potentially rally 20-50% in the future. However, Sherpa cautions that any rally may be short-lived.
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Cryptocurrency Trader Bullish on Pepe (PEPE), Says Many Altcoins Have Bottomed Out in Near Term
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