A widely followed cryptocurrency analyst and trader is turning bullish on one red-hot large-cap altcoin. The analyst pseudonymously known as Bluntz tells his 296,200 followers on social media platform X that memecoin Pepe (PEPE) could soar more than 35% from its current value.

Pepe (PEPE), the world's third-largest crypto meme coin, has been making waves in the cryptocurrency realm with its recent performance and is poised to continue this rally. The potential reasons for PEPE's bullish outlook include its current price action, notable whale interest, and prevailing market sentiment.

A $2 million whale purchase of PEPE tokens has coincided with positive technical and on-chain metrics, as the price tests key support at $0.00001714 while showing signs of potential continuation in its upward trend.

The Maker (MKR) token has seen a notable surge in whale activity, with large transactions jumping by a staggering 1,400%. Despite this increase in large-scale transactions, technical indicators and on-chain metrics are sending mixed signals about the future direction of MKR's price.

Following the channel breakout rally in PEPE price creating an ATH in November, the meme coin shows a post-retest rally. As the bull run restarts in PEPE, bulls anticipate the rally to create a new ATH next week.

The GMMEME index, which tracks key memecoins such as PEPE, SHIB and DOGE, has surged over 90% in November.

PEPE's breakout and whale activity spark optimism for sustained bullish momentum.

Pepe (PEPE), the world's third-biggest meme coin, is poised for a massive bull run as it has broken out of a bullish price action pattern. Following this breakout, heightened participation from traders and investors has been observed in the past few hours.

A prominent player has dominated the limelight in the crypto circle by buying more than 105 billion PEPE tokens at a cost of $2 million. The token has fluctuated wildly over the course of the last several months and this particular exchange on November 20, has caused significant interest due to its enormity and the prevailing market tendencies.

Pepe Coin (PEPE) price has breached the upper limit of an ongoing consolidative pattern, suggesting that a breakout rally is near. If the momentum remains strong, PEPE could rally double digits and set up a new all-time high (ATH).

Pepe Coin price staged a recovery while bullish momentum signals potential gains ahead Pepe (PEPE), the third-largest meme coin, has seen a significant recovery, rising to $0.000021 on Tuesday, its highest level since Nov.

Chainlink (LINK) trades at $14.60 after recent uptrends saw it escaping a prolonged consolidation range. Meanwhile, the altcoin encountered resistance after hitting the $15.27 daily high. LINK rebounded to its press time levels after hitting a 24-hour low at $13.91, and a historical setup suggests a potential surge to $35 – a 139.

For Maker to confirm a bullish breakout, it needs to flip the resistance at $1,550.

The price of XRP has been circling $1.10 for the last four days, indicating that it has entered an apparent stagnation phase. There are concerns about whether the bullish momentum has run its course or if this is a brief consolidation before another move, given the lack of movement that followed a notable rally earlier in the month.

By 2024, the cryptocurrency market has seen the rise of a fully developed meme coin sector. Known for their high volatility, these assets offer the potential for massive returns — but they come with equally high risks.

As crypto grows, so does the list of complex terms to understand — like utility tokens.

Almost all meme coins in the top 100 alts are down by double digits now.

Chainlink price is currently facing resistance after breaking out of an extended consolation zone. LINK price is down 2.1% in the last 24 hours and is trading at $14.71.

Chainlink, a blockchain service provider, is advancing Brazil's plans for a central bank digital currency (CBDC) by collaborating on the DREX pilot project alongside major players like Microsoft Brazil, Banco Inter, and 7COMm.

Experts believe the partnership sets a powerful precedent, showcasing the potential of decentralized tools in centralized financial systems.

Chainlink Labs, a blockchain oracle service provider, has joined forces with Microsoft Brazil and other industry players to work on the second phase of Brazil's central bank digital currency (CBDC) initiative, DREX.

Pepe mirroring DOGE's 2021 pattern suggests that the former could lead this memecoin cycle.

Pepe Coin price remains in a bear market after falling by 23.3% from its year-to-date high. Crypto experts expect that the popular meme coin will bounce back and blast past its all-time high in the near term.

As the year 2024 is coming to an end, an overview of the best-performing tokens is a must. Prepare for 2025, or re-evaluate your 2024, here is your chance!

Brazil's Central Bank has initiated phase two of its DREX digital currency pilot program, partnering with Microsoft, Chainlink, and other tech firms to test automated cross-border payments

PEPE coin's trading volume has reached an 8-month high following Coinbase and Robinhood listings, while experiencing price volatility and showing technical patterns similar to Dogecoin's 2021 bull run.

The Central Bank of Brazil is partnering with Chainlink, Microsoft, and others to develop DREX, a new CBDC. DREX will specialize in cross-border trade rather than everyday use, incorporating artificial intelligence (AI) oracle technology.

The Central Bank of Brazil (BCB) is advancing its central bank digital currency (CBDC) framework initiative by collaborating with Banco Inter, Microsoft Brazil, 7COMm, and Chainlink, according to a Nov. 19 statement. The partnership aims to support trade finance solutions in the second phase of Brazil's DREX pilot program.

The Central Bank of Brazil (BCB) has selected decentralized oracles provider, Chainlink, as one of the partners for its digital currency pilot, DREX. According to the announcement, the apex bank also selected Banco Inter, Microsoft Brazil, and 7COMm.

Chainlink's breakout from a descending channel ignites hopes for a surge to $23.

Blockchain oracle service provider Chainlink (LINK) is working on a pilot project for Brazil's proposed central bank digital currency (CBDC) called DREX with Microsoft and other firms in the country.

Sky co-founder Rune Christensen told Decrypt that Solana support "marks the beginning of a new multi-chain era for USDS."

Phase two of Brazil's Drex CBDC pilot launches.

A closely followed crypto analyst believes that one red-hot Solana (SOL)-based memecoin still has more upside potential. Pseudonymous analyst Altcoin Sherpa tells his 228,800 followers on the social media platform X that Goatseus Maximus (GOAT) may soon break out of the upper bound of a trading range.

According to IntoTheBlock, frog-themed cryptocurrency PEPE has seen a staggering 4,479% surge in large holder inflows, which tracks the funds going into whale addresses.

On the back of some very bullish exchange listings, memecoins $PEPE, Dog Wif Hat ($WIF), and $BONK, have been flying high in recent days. However, after such explosive surges, is it now time for a comprehensive pull-back?

Uniswap price has moved into a local bear market, falling by over 23% from its highest point this week as cryptocurrencies lose momentum. The UNI token was trading at $8.27 on Friday, November 15 as some crypto analysts remain optimistic that it will bounce back.

Story Highlights Pepe memecoin hits a new ATH of $0.00002524. Pepe Price has soared 172% in 11 days. Positive MACD with a rising green histogram hints at increased buying pressure. With increased bullish sentiment in the memecoin category, the Pepe price has dominated the bull run this week. However, with a correction of 6.

Some investors may find it thrilling to see PEPE reach $1, but when you look at the numbers, it is essentially impossible. Let's examine why this is the case and put simply what it means.

After hitting an all-time high of $0.00002331, Pepe Coin price has corrected 6.7% and is now trading at $0.00002115. PEPE price doubled in the last 7 days following a combination of events, including the Bitcoin rally and the recent listing of the meme coin on the Coinbase exchange.

Contrary to the performance earlier in the week, several cryptos have slowed down the initial bullish momentum they had. As a result, most of today's trending altcoins today, November 15, have seen their prices decline.

Will Pepe coin break $0.00002580 or face a pullback? Explore key resistance, support levels, and market trends.

Themed cryptocurrencies have recorded explosive gains over the last few sessions as Bitcoin opened the patch to the sought-after $100,000. Meanwhile, Santiment data shows meme tokens have gained popularity, fueling the prevailing bull rally. The increased interest in the tokens positions top memes for remarkable gains in the upcoming months.

Despite the pullback, the price of PNUT is over 1,500% up on a weekly scale.

World Liberty Financial (WLF) aims to achieve its aim of launching the next wave of broad defi adoption through the security and dependability of Chainlink.

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World Liberty Financial, a decentralized finance platform backed by President-elect Donald Trump, has partnered with Chainlink to integrate real-time data feeds.

PEPE Price Surge Following Major Exchange Listings This week, the PEPE meme coin experienced a significant price increase mainly due to its listings on major cryptocurrency exchanges Coinbase and Robinhood. PEPEs price surged by over 100%in past two days after Coinbase announced the listing, rising about 42% during trading on November 13, 2024.