Crypto analyst Altcoin Sherpa is predicting a significant bounce for memecoin Pepe (PEPE) and updates his outlook on Ethereum (ETH) and Chainlink (LINK). Sherpa believes Pepe could rally more than 64% from its current value and potentially hit the $0.50 level before coming down again. He also uses Fibonacci retracement levels to predict that Pepe could reclaim the 50% Fibonacci level at $0.00000234. Ethereum may be headed below the $1,800 level if Bitcoin (BTC) dips, but Sherpa remains bullish on ETH in the long term. Regarding Chainlink, Sherpa expects a huge rally if it can break out of the upper bound range at about $9.33. However, he believes it could be a while before this happens. Lastly, Sherpa predicts that Render Token (RNDR) could collapse below $1 if BTC loses support, and he thinks the decentralized machine-learning network Fetch.ai (FET) is on the verge of imploding back down to a range between $0.06 and $0.14 after a sudden rally.
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