A notable crypto analyst offered valuable tips for those seeking profitable moves in the market. The price of BTC has dropped to the $98,900 range, struggling to maintain six-figure closures. This decline raises questions about the potential for a rise in altcoins over the weekend, which will be clarified in the coming hours. However, the analyst, Miles, discussed a trend that will likely be seen eventually.
Top Meme Coin
Last year, PEPE Coin gained immense volumes and was listed on exchanges like Binance, though it is not the largest meme coin by market capitalization. Nevertheless, it stands as the biggest meme coin on the Ethereum $3,266 network, and Miles believes it holds significant potential. If a price increase for Ethereum is anticipated, the best gains might be found here.
“If you expect an upward trend for $ETH in the coming weeks, $PEPE could be a logical bet.
Leading memecoin on Ethereum.
Traded on Coinbase/Robinhood/Binance.
Intersecting with the meme narrative.
The charts look promising.”
The analyst suggests that a continued upward trend could happen with closures above $0.000016. Particularly if the pullback in BTC opens up opportunities for ETH, and if ETH starts to test its all-time high, PEPE Coin may attract substantial volumes during this period. As the article was being prepared, closures above $3,800 for ETH appeared promising.
Bitcoin and TON Coin Commentary
Ali Charts highlighted the similarities in two cycles, indicating when Bitcoin (BTC) $93,085 might reach all-time highs. With BTC approaching $98,000 and experiencing roughly a $6,000 decline, another year of rising prices could be on the horizon.
“Coincidence or is #Bitcoin functioning this way?
In the last two cycles, it took 1,065 days from market bottom to peak and 1,430 days from one market bottom to the next. If this pattern repeats, $BTC could reach its peak in October 2025!”
For those wondering when Bitcoin will peak, this provides a rhythmic answer. Of course, no one can predict the future with certainty. Additionally, TON Coin is currently a much-discussed altcoin, with Carl noting that a symmetrical triangle on the hourly chart indicates a target price of $7.55 post-breakout.