- Crypto Jack predicts RUNE to drop to $1, forming a head-and-shoulders pattern, and plans to buy more at that level.
- Crypto Tony sees PEPE holding above 1100 as bullish, advising to hold and buy more if it sustains this support.
- RUNE and PEPE show contrasting trends, with high trading volumes indicating strong market engagement.
Renowned analysts Crypto Jack and Crypto Tony have shared their latest insights on RUNE and PEPE cryptocurrencies. The analysts’ analyses offer valuable guidance for investors looking to navigate the complexities of the crypto world.
Crypto Jack recently highlighted a significant development in RUNE’s price action. According to his analysis, RUNE has formed a head-and-shoulders pattern. Based on this pattern, Jack has set his target price for RUNE at $1.
In a recent post on the X platform, the analyst stated that he plans to buy more RUNE once it reaches this level, seeing it as an optimal entry point for long-term gains. This strategic insight has garnered attention, with many investors watching RUNE’s price movements closely.
As of today, the price of RUNE is $4.20, marking a minor 0.05% increase over the past 24 hours. However, this slight uptick does not offset the cryptocurrency’s overall performance. Over the past week, RUNE has experienced a significant 10.70% decline in value. This downward trend over the past seven days suggests volatility and investor caution.
RUNE has witnessed a robust 24-hour trading volume of $155.09 million. This substantial volume indicates a high level of market engagement, with many traders actively buying and selling RUNE despite its recent price fluctuations.
Meanwhile, Crypto Tony has provided his insights on PEPE. In a recent X post, Tony emphasized that PEPE maintaining its position above the 1100 level is a strong bullish signal. The analyst advised his followers to hold their positions, indicating his intention to enter more aggressively if PEPE continues to hold above this crucial support level. Tony’s analysis suggests that PEPE has significant potential for upward movement, making it an appealing asset for investors seeking growth opportunities.
Is PEPE Poised For A Distribution Phase Like FLOKI? Analyst’s Insights
As of press time, PEPE is trading at $0.00001046, reflecting a 10.74% decrease over the last 24 hours and 10.62% decline in value over the past week. Regarding market activity, PEPE has seen a significant 24-hour trading volume, reaching $516 million. This high trading volume indicates strong investor interest and substantial cryptocurrency market activity.
The insights from analysts highlight different facets of cryptocurrency trading and investment. Jack’s systematic approach to RUNE, focusing on technical patterns and precise entry points, offers a cautious yet strategic perspective. In contrast, Tony’s bullish outlook on PEPE reflects confidence in its ability to sustain its current momentum and achieve further gains.
