The Ethereum market is booming, according to a well-known trader.ETHBitcoin will soon be surpassed by a vast margin.BTC() is also predicting that one memecoin’s price will rise.
Bluntz, a pseudonymous trader on social media, tells 259,000 of his followers that he has his eyes on the chart for the Ethereum versus Bitcoin pair (ETH/BTC).
Trader says ETH/BTC may be just days from a rare divergence that indicates an Ethereum outperformance over Bitcoin. Bullish divergences may signal reversal zones despite the fact that prices are moving down or in a sideways direction.
Bluntz targets a 0.1 BTC ($6,907) level, nearly 95% higher than current levels for ETH/BTC.
“Only eight days to go until ETH/BTC prints the first two-week bullish divergence since *checks notes*…. never.
0.1 [BTC] “The target is obvious, but either we undershoot it or we overshoot that f..k.”
Bluntz also has high hopes for the memecoin Pepe, which is a frog themed coin.PEPE) – which he says is the best-looking major coin of its sector.
Pepe, says he. “golden child” Memecoins are gaining traction while ETH/BTC is at its lowest point.
Looks like PEPE is the most attractive meme among the majors.
“With ETH/BTC having likely bottomed out (in my opinion), it is likely to continue as the gold child meme going forward. It will likely go higher than what many expect possible, but we are all speculating at this point.”
PEPE was worth $0.00000015 at the time this article was written.
Don’t Miss a Beat – Subscribe Receive email alerts directly in your mailbox
Check out the latest news and updates on our website. Price Action
Join us! X, Facebook The following are some examples of how to get started: Telegram
Search for a way to surf The Daily Hodl Mix
 
Disclaimer: The Daily Hodl does not provide investment advice. Investors must do due diligence prior to making high-risk investment in Bitcoin, cryptocurrency and digital assets. You are responsible for any losses that you might incur. The Daily Hodl is not an investment adviser and does neither recommend buying or selling cryptocurrencies or other digital assets. The Daily Hodl is an affiliate marketer.
Shutterstock/Swill Klitch
“This article is not financial advice.”
“Always do your own research before making any type of investment.”
“ItsDailyCrypto is not responsible for any activities you perform outside ItsDailyCrypto.”
Source: dailyhodl.com
