PEPE & LINK Price All Set For Massive Rally – Analyst Predicts Potential High Levels
The post PEPE & LINK Price All Set For Massive Rally – Analyst Predicts Potential High Levels appeared first on Coinpedia Fintech News
Renowned crypto analyst Kevin Svenson has just dropped a game-changing forecast, exciting the entire community with his latest tweet.
Chainlink To The Moon?
He predicts a big uptick in the price of Chainlink (LINK). Svenson cites the moving average convergence divergence (MACD) indicator as the reason behind his bullish outlook, claiming that it signals an unexpected upward trend for the decentralized oracle service since 2020.
“I’m long AF. LINK a surprise pump is coming.”
#Chainlink
monthly MACD indicator is about to have the first bullish cross up since the end of 2020
I’m long AF
$LINK a surprise pump is coming
— Kevin Svenson (@KevinSvenson_) May 4, 2023
Pepe’s Surge Could Boost Bitcoin and Ethereum
Svenson also comments on the recent surge of Pepe (PEPE), a popular meme-inspired cryptocurrency, and believes that its money inflow into larger assets like Bitcoin and Ethereum could have a significant impact on the crypto market. With PEPE’s value rising over 5,000% in less than a month, analysts predict that this speculative fever will only continue to gain momentum.
If $PEPE profits starting flowing into #BTC and #ETH the entire market is going to Rocket
— Kevin Svenson (@KevinSvenson_) May 5, 2023
Related: Memecoin Mania: What To Expect From PEPE, SHIB, DOGE Price Next Week? – Coinpedia Fintech News
Bitcoin Bulls Will Be Left Stunned
In addition to Chainlink and Pepe, Svenson also predicts that Bitcoin (BTC) is gearing up for a massive move that will surprise bears and skeptics alike. In a previous call, he had predicted a rally up to $48,000, which could lead to another bullish season for altcoins. Svenson highlights Bitcoin’s higher bottom along the parabolic curve, suggesting a $48,000 impulse up and a tremendous opportunity with a 65% increase.
All in all, Svenson’s predictions have sent shockwaves through the crypto sphere, and investors are eagerly awaiting the next big move in Chainlink and Bitcoin.
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