Based

Rally

PEPE

Pepe

<p><a href="https://bitcoinist.com/can-dogecoin-reach-0-2/#:~:text=Crypto%20Analyst%20Reveals%20Bearish%20Expectations,-by%20Scott%20Matherson&amp;text=Crypto%20analyst%20CrediBULL%20Crypto%20has,low%20as%20%240.5%20soon%20enough.">Crypto analyst CrediBULL Crypto</a> provided a market analysis on Pepe (PEPE), <a href="https://www.newsbtc.com/news/ethereum/ethereum-price-headed-to-4000/#:~:text=Crypto%20analyst%20Linda%20has%20made,to%20such%20a%20price%20surge." rel="nofollow noopener" target="_blank">Ethereum (ETH)</a>, and XRP. Based on his analysis, PEPE could hit a new high soon enough, seeing how it has ranged since hitting a new <a href="https://bitcoinist.com/bitcoin-breaks-through-69000-setting-new-record/">all-time high (ATH)</a> in May.&nbsp;</p> 
<h2 id="a-price-rally-for-pepe-on-the-horizon">A Price Rally For PEPE On The Horizon</h2> 
<p><a href="https://bitcoinist.com/crypto-analyst-bullish-on-ethereum-and-xrp/">CrediBULL Crypto</a> mentioned in an X (formerly Twitter) <a href="https://x.com/CredibleCrypto/status/1818908795151507859" rel="nofollow" target="_blank">post</a> that PEPE has been holding up quite well despite the downtrend in the broader crypto market. As such, he added that he won’t be surprised if the meme coin witnesses another leg up to take some untapped liquidity before it moves along with the <a href="https://www.newsbtc.com/news/bitcoin/bitcoin-price-down-today/#:~:text=One%20of%20the%20major%20factors,being%20orchestrated%20by%20large%20governments." rel="nofollow noopener" target="_blank">current bearish trend</a> in the market.&nbsp;</p> 
<img loading="lazy" decoding="async" class="size-medium wp-image-313415" src="https://bitcoinist.com/wp-content/uploads/2024/08/PEPE-1.png?w=512&amp;resize=512%2C267" alt="PEPE 1" width="512" height="267" data-recalc-dims="1"> 
<p>The analyst also revealed that he has no plans to open a long position on <a href="https://bitcoinist.com/crypto-investors-shiba-inu-pepe/">PEPE</a> yet, as he will continue to watch how things develop. Based on the chart that CrediBULL Crypto shared, PEPE could rise to as high as $0.00001382 as it takes the untapped liquidity that the analyst discussed.&nbsp;</p> 
<p>Meanwhile, CrediBULL Crypto predicts that the meme coin could drop to as low as $0.00000570 if it were to make the “<a href="https://bitcoinist.com/pepe-crashes-15-exits-out-of-top-20-crypto-list/">larger move down</a>,” the analyst anticipates after the rally to the upside. However, a market rebound for Bitcoin and the broader crypto market could invalidate this bearish set-up from the analyst.&nbsp;</p> 
<h2 id="what-next-for-ethereum-and-xrp">What Next For Ethereum And XRP</h2> 
<p>CrediBULL Crypto predicts that <a href="https://www.newsbtc.com/news/ethereum/analyst-predicts-ethereum-nosedive-cautions-investors-to-prepare-for-2700-target/" rel="nofollow noopener" target="_blank">Ethereum could drop below $2,800</a> soon enough. He made this prediction while revealing that he had cut his shorts in anticipation of a relief bounce that didn’t eventually happen. He revealed that he won’t look to reopen any short position for Ethereum at its current price range since that relief bounce could still happen at these levels.&nbsp;</p> 
<img loading="lazy" decoding="async" class="size-medium wp-image-313416" src="https://bitcoinist.com/wp-content/uploads/2024/08/XRP-2.png?w=512&amp;resize=512%2C313" alt="XRP 2" width="512" height="313" data-recalc-dims="1"> 
<p>If that relief bounce happens, CrediBULL Crypto mentioned that he would look to reopen his short position. Meanwhile, the analyst is still <a href="https://bitcoinist.com/ethereum-whales-eth-one-day/">bullish on Ethereum</a> in the long term. He revealed that he hopes Ethereum drops to new lows since that will give him another chance to reload. CrediBULL Crypto had <a href="https://www.newsbtc.com/news/xrp-to-20-ethereum-20000/" rel="nofollow noopener" target="_blank">previously predicted</a> that Ethereum would rise to $20,000 in this <a href="https://bitcoinist.com/bitcoin-bull-market-glassnode/">market cycle</a>.&nbsp;</p> 
<p>For XRP, CrediBULL Crypto <a href="https://x.com/CredibleCrypto/status/1815497407129669776" rel="nofollow" target="_blank">mentioned</a> that his previous XRP analysis still stands, and nothing has changed. In his previous analysis, he stated that XRP is still in a ranging environment and suggested that he wasn’t looking to trade the crypto token at the moment. However, he added that he would be interested in a potential trade if XRP drops to $0.50 or even as low as $0.39.&nbsp;</p> 
<img loading="lazy" decoding="async" class="size-medium wp-image-313417" src="https://bitcoinist.com/wp-content/uploads/2024/08/Ethereum-3.png?w=512&amp;resize=512%2C267" alt="Ethereum 3" width="512" height="267" data-recalc-dims="1"> 
<p>CrediBULL Crypto suggested that XRP could still drop to such lows, noting that the <a href="https://www.newsbtc.com/xrp-news/xrp-bitcoin-sentiment-positive-bad-sign-price/" rel="nofollow noopener" target="_blank">crypto token</a> had experienced the pump, which had taken it above the local highs, something which he claimed he was expecting before a pullback to the green zone, which he highlighted on the charts.</p> 
<img loading="lazy" decoding="async" class="size-medium" src="https://www.tradingview.com/x/VdJtxQcG/" alt="PEPE price chart from Tradingview.com (XRP Ethereum crypto analyst)" width="3286" height="1518">

Crypto Analyst Releases Outlook For PEPE, Ethereum, And XRP, Here Are The Targets

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