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Crypto Tony, a pseudonymous crypto analyst, on Wednesday, predicted an eventful period ahead with the arrival of “Flokitober,” hinting at potential meme coin market movements.
What Happened: Within the FLOKI community, there exists a prevailing belief that October, coined as “Flokitober,” holds the potential for significant spikes in the value of the Floki token.
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The analyst said, “FLOKI is sat on a macro support zone.” Crypto Tony labels this as a crucial accumulation phase.
For Dogecoin (CRYPTO: DOGE), Crypto Tony said it is showing signs of a significant price surge. “DOGE looking hot for a pump, well I expect some magic from the leaders.”
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Why It Matters: Another pseudonymous analyst Kaleo, sheds light on the breaking news regarding PEPE (CRYPTO: PEPE).
Kaleo identifies a breakout pattern on the lower time frame (LTF) associated with this digital asset. “Looks like it’s ready to run it back to the highs.”
Earlier, in September, in a series of tweets, Crypto Tony shared price predictions and emphasized the cyclic nature of financial markets, including the phases observed in the cryptocurrency space.
Crypto Tony stated, “We all know the game plan on DOGE, right.” Based on a chart shared by the analyst, DOGE is expected to reach levels around $0.17 before April 2024, indicating an increase of approximately 170%.
Read Next: Here’s How Much You Should Invest In Shiba Inu Today For A $1M Payday If SHIB Hits 1 Cent?
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