Pepe
PEPE: Pullback in UptrendTrade setup : Price is in an Uptrend. Following a bullish breakout from Channel Up, price reached resistance at $0.000017, where it got rejected. Now we look for the right entry opportunity in Uptrend. Pull back near $0.000013 support could be a swing trade entry opportunity in Uptrend with +30% upside potential back to $0.000017. Stop Loss at $0.0000110. If price breaks above it's ATH of $0.0000173, the next possible resistance levels (price targets) based on Fibonacci Extensions are: $0.0000184 (61.80%), $0.0000200 (78.60%), $0.0000215 (100%) and $0.0000266 (161.80%).
Pattern : Pullback in Uptrend. Price remains in an Uptrend but has pulled back, which could present a 'buying dip' opportunity. Traders should look for the nearest support level where price could stabilize and resume its Uptrend. This support level could be a level where price bounced off of in the past, or a level that was previously resistance. (concept known as polarity).Learn to trade key levels in Lesson 3.
Trend : Short-term trend is Up, Medium-term trend is Strong Up and Long-term trend is Strong Up.
Momentum : Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $0.000012, then $0.0000092. Nearest Resistance Zone is $0.000015, then $0.0000164.
$PEPE WARNING! Trade analysis and (c) infringement liabilityAfter a successful trade idea with CRYPTOCAP:PEPE , I am updating my trading strategy with this new idea. This chart explains two things:
1) A retracement to the resistance level: Since we have reached the top of the rising channel, it would be logical for some people to take profit.
2) The potential copyright infringement liability and the possible consequences for the meme coin CRYPTOCAP:PEPE :
This is a real liability for this coin and the reason why I would not hold it for more than a week.
When you are investing, you want to avoid losing all your money. Buying CRYPTOCAP:BTC is safe; it will not go to zero. But some cryptocurrencies will, and if you compare with 2021, many billion-dollar projects are now worth nothing.
To avoid losing everything, you have to avoid any coin that has a liability that could drive it down to zero, lead to a delisting, or result in a lawsuit.
What do we know so far?
Pepe the Frog is a cartoon character created by artist Matt Furie.
The CRYPTOCAP:PEPE website is clear that CRYPTOCAP:PEPE was launched without the consent of its copyright holder.
Matt Furie has already filed a DMCA claim against a $4 million Pepe-themed NFT collection on OpenSea, indicating he is not open to making his character public domain.
One year ago, DailyCoin posted an article warning investors that "Pepe’s creator Matt Furie is not a fan of his character’s use in blockchain-based projects. The artist has used his copyright to go after Pepe-themed projects before."
So what can we conclude from that?
A copyright issue is pending with the CRYPTOCAP:PEPE coin, which is a huge liability.
Matt Furie could request the delisting of CRYPTOCAP:PEPE from all exchanges at any time, which would wreck any holder's investment to zero.
CRYPTOCAP:PEPE is an obvious copyright infringement case. Although it is impossible to identify the author of the copyright infringement since they are anonymous, trading, listing, and marketing the coin is illegal.
It would be easy to prove the copyright infringement, win, and then seek compensation from the exchanges. So why not doing it?
It is impossible to solve the issue by giving a percentage of the CRYPTOCAP:PEPE supply to its original author, since it was a fair launch and all the CRYPTOCAP:PEPE coins have been unlocked.
While it is certain that with such success and capitalization, the matter will likely be resolved with huge fines, this will also create real FUD and may force exchanges to stop trading until the lawsuit is resolved, which could take a lot of time.
Conclusion: CRYPTOCAP:PEPE is a liability similar to $LUNA. It can be delisted or halted with just a notice from its author to all major exchanges. Trade with caution. Maybe it is not worth the risk? There are other meme coins that have similar growth potential but are not illegal.
PEPE is prepping somethingPEPE is on the 4h charts in an EQ and can go both ways. We want to see a breakout with volume before jumping into the action. The TT is the recent ATH where it will trigger the stop losses and could correct to the GP or even 0.786 fib range.
The liquidity is just below the EQ and just above the recent ATH. A stop loss hunt to 0.0137 can be expected before we go up.
PEPE : All Time High STILL COMING! Here's WhyBINANCE:PEPEUSDT 🐸
I've been advocating for Elliot Wave patterns this cycle since I spotted similar fractals across crypto charts. I've been following fractals on SOL, DOGE and BTC - and they have all been extremely reliable thus far.
Assuming that corrective wave 3 - 4 (current wave) retraces as low as point 1 (BUT NOT LOWER), this put's our formula roughly as follows:
It's important to note that Elliot Wave theory follows strict rules, and it's usually a multi-month playout. This means that there might be many weekly candles before finally turning around to complete the final wave 4 - 5.
For a SHORT TERM analysis on PEPE, see here👇:
____________________________
PEPE - Breakout or Fakeout ? $BINANCE:1000PEPE (1D CHART) Technical Analysis Update
PEPE is currently trading at $0.0081162 and showing overall bullish sentiment after the breakout, if this breakout hold then we have good chance a price pumping.
If this is a fakeout then the price can break the support zone and fall more.
Overall we are looking at solid breakout with potential a for a good long trade.
Entry level: $ 0.0081479
Stop Loss Level: $ 0.0074780
TakeProfit 1: $ 0.0096355
TakeProfit 2: $ 0.0119873
TakeProfit 3: $ 0.0158114
TakeProfit 4: $ 0.0210186
Max Leverage: 3x
Position Size: 1% of capital
Don't forget to keep stop loss.
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GreenCrypto
PEPE: Pullback in UptrendTrade setup : Price is in an Uptrend. Following a bullish breakout from Channel Up, price reached resistance at $0.000017, where it got rejected. Now we look for the right entry opportunity in Uptrend.
We wait for price to either 1) break above $0.000017 to signal continuation of uptrend, or 2) pull back near $0.000013 support for another swing trade entry in Uptrend with +30% upside potential back to $0.000017. If price breaks above it's ATH of $0.0000173, the next possible resistance levels (price targets) based on Fibonacci Extensions are: $0.0000184 (61.80%), $0.0000198 (78.60%), $0.0000215 (100%) and $0.0000266 (161.80%).
Pattern : Pullback in Uptrend. Price remains in an Uptrend but has pulled back, which could present a 'buying dip' opportunity. Traders should look for the nearest support level where price could stabilize and resume its Uptrend. This support level could be a level where price bounced off of in the past, or a level that was previously resistance. (concept known as polarity).Learn to trade key levels in Lesson 3.
Trend : Short-term trend is Up, Medium-term trend is Strong Up and Long-term trend is Strong Up.
Momentum : Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $0.000012, then $0.0000092. Nearest Resistance Zone is $0.000015, then $0.0000164.
Peng: The Next Memecoin to 100X? Here's WhyPeng ($PENG) is a rising meme coin on the Solana blockchain that's capturing attention in the crypto world. It features an adorable penguin character inspired by Pepe the Frog, aiming to bring a fresh and creative vibe to Solana's "degen" (degenerate) scene.
Based on my observation of market sentiment and speculation on meme coins, Peng experienced a significant surge earlier this year in 2024, along with other memecoins like $ponke, which are partnered with the Gobit hedge fund. Most projects partnered with this fund have shown a track record of performing well.
The significant pullback we observed with Peng could be a sign of weak hands being shaken off or early adopters exiting for liquidity. I believe that as more retail and degenerate traders enter the market, the price of Peng will perform well due to its branding, consistent social media presence, highly active community, and its presence on the Solana network, which makes speculation fees much cheaper.
It's important to remember that investing in memecoins is highly speculative, and you should only invest money that you are willing to lose.
Why The Original PepeCoin (Memecoin) will go to $45 ?The Origins of Pepe
The story of Pepe begins in 2005 when cartoonist Matt Furie created a comic series called Boy's Club, featuring four characters: Brett, Andy L. Wolf, and of course our main character “Pepe”
.
Pepe was one of the laid-back, animal characters in the comic, known for his chill attitude and catchphrase,"feels good man." Little did Furie know that his creation would take on a life of its own. Over the next few years, Pepe gains popularity on forums like 4chan and Myspace. becoming a versatile meme used to express a wide range of emotions. So whether you're sad, smug, happy, sexy, lazy. This obviously helped make Pepe extremely meme-able.
Pepe Coin is Born
Fast forward to 2016, Pepe Coin enters the scene.Unlike many meme coins, Pepe Coin was launched as a proof-of-work blockchain, meaning it was mineable just like Bitcoin or Dogecoin.
This means no fancy pre-sale, no venture capital backing – just a group of dedicated individuals mining Pepe Coin. I love this aspect because it speaks to the potential of decentralization.
This gave it a sense of legitimacy and drew in early adopters, in particular those who liked Pepe meme.
Controversy and Rebranding
Unfortunately, Pepe Coin's journey wasn't without its challenges. In the heated 2016 US Presidential elections, Pepe becomes a pawn in political warfare. Unfortunately, extremist groups started using Pepe imagery, and the media painted the frog as a hate symbol. The Anti-
Defamation League even labeled Pepe as a hate symbol.
Hong Kong Protests
It's important to note that this wasn't the first time Pepe became a symbol in a significant struggle. Things took a serious turn in 2019 with the Hong Kong Protests. These protests were a massive movement against a proposed law that would have threatened Hong Kong's freedoms.
Pepe the Frog, as a symbol of internet culture and expression, became a rallying point for many protesters.This further solidified Pepe's connection to the fight for freedom of speech and resistance – values that resonate deeply with the crypto community. It also further
complicated Pepe's public image. To keep the project alive, the OG Pepe Coin is forced to
distance itself, rebranding from “PEPE” to "MEME" to appease centralized exchanges.
The Birth of KEKDAQ and the Fight for Free Speech
Even launched a separate NFT marketplace called Kekd way before giants like OpenSea existed, to promote meme culture and freedom of speech. Users could store, create, and protect their
memes and digital assets. This led to some confusion and a temporary setback, but it didn't
stop the coin's dedicated supporters.
Original Pepe vs Fake Pepe
Original Pepe
Then, in 2018, Pepe Coin transitioned from proof-of-work to proof-of- stake using UTXO lockups and named the Ethereum-based pepecoin “ CRYPTOCAP:PEPE ” becoming more energy-efficient and scalable. Now, this is where things get interesting. Around 2023, a newer Pepe-
inspired coins (often with 'Pepe' in their names) have surfaced, often with significant market capitalizations. This has created confusion, with many mistaking these meme coins for the true OG Pepe Coin.
This caused a major split in the community, and it's crucial to distinguish between the original Pepe Coin and this newer project. The original OG Pepe Coin team never forgot its roots and continued to innovate, even after having their concept hijacked. This brings us to the
present day, where the OG Pepe Coin is poised for a comeback.
The Real Utility of OG Pepe Coin
So, what sets the OG Pepe Coin apart? Unlike many meme coins that rely solely on hype, the original team is building real utility. Responding with a powerful message: "They can't steal our ability to innovate..."
They've developed projects like
Kekbot, a cutting-edge telegram trading bot with dashboard features,
Base AI, a decentralized AI network powered by GPU mining.You can contribute your computing power to train AI models,and they have their own AI chatbot in the works. The potential here is mind-blowing! By holding Pepe Coin, you can even stake it to earn rewards in Base AI tokens.
Slick Website: Packed with games, messaging(to chat with other degens in a decentralized manner), and a ton of info on their projects.
This dedication to development is what makes OG Pepe Coin a true underdog in the meme coin space.
The Charts Tell a Story
Currently, Pepe Coin is trading at a fraction of the price compared to other major meme coins. However, with a large portion of the supply staked and the potential burn mechanism through Base Ai, Pepe Coin could be primed for a significant price increase.
In the event that the Original Pepe is valued the same as Fake Pepe, the price target will be 45 dollars
Original Pepecoin
Fake pepe
Thank you Follow me for more breakdown
PEPE Vs other memecoins previous ATHDear reader,
Im posting this observation to leave you speculating how much would we will reach with pepe this season. given that, i have put a line where would pepe's price would stand at DOGE and SHIB previous all time highs.
I believe we are still very early and i hope we can see a market cap similar to doge, we are still early.
MFER could melt faces here! KEEP AN EYE ON IT! It looks like MFER is about to break out of a two-month-long falling wedge pattern. If the bulls take charge, this could lead to a significant price increase. Unlike many other artist coins, MFER hasn’t experienced a dump at every rally. Instead, it has built a strong range that supports future price action.
Key points:
- Support zones are highlighted in green.
- Resistance zones are highlighted in red.
- The dotted trendline indicates a bullish trend. If it breaks, it will fall into a strong support zone.
This situation is definitely worth watching closely. Let’s see how it develops!
MAGA PEPE Harmonic Breakout Could Take it to a $1 Billion FDMCMAGAPEPEUSDT has broken free from a Descending Trendline now starting what could be a Bullish Dragon, this breakout has only come after what has been a successful bounce off of the confluence zone between the Linear 1.272 and Log Scale 2.618 Extensions which happen to align with the HOP level of a Bullish Gartley. If this turns out to be the Bottom we could get some similar performance that we got on the ERC-20 MAGA Coin except this time around it's an SPL coin that has much more liquidity and much clearer stats on having a fixed supply. Considering all of this I think we could target for a 100 Million Dollar Market Cap which would put it up at the 1.618 upside extension but if things get really good we may even see it challenge $1 Billion which would put it up at the 2.618 Upside Extension.
PEPE Aims for $0.000022 | 28.05With a rounding bottom reversal in the daily chart, PEPE creates a massive bull run, creating a new all-time high. However, as it ends Monday on a 4.26% positive note, an intraday pullback of 4.25% is visible today.
The pullback undermines yesterday’s jump and warns of a correction spree in the coming days. As per the Fibonacci retracement levels, the meme coin is well established above the 1.618 level and is ready for a retest.
Considering the bulls make a comeback with a successful retest, the PEPE price could surge to the $0.000021 mark or the 2.618 Fibonacci level.
WHITEBIT:PEPEUSDT
Alikze »» BONK | Wave 3 or C scenarioIn the daily time, it is moving in an ascending channel.
It is currently on the roof of the channel.
💎 According to the current momentum, this movement can have another growth with the support of the green box area, with the breaking of the channel as much as the width of the channel.
💎 This bullish step can be wave 3 or bullish C after a three-wave combination correction.
💎 In addition, if the green box breaks down, the continuation of the upward movement will be invalid and must be reviewed and updated.
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Alikze »» BABYDOGE | Ready to retest the supply areaAccording to the previous analysis, which was checked in the weekly time frame, until the dynamic trigger continued its growth, after which it faced a combined correction.
💎 Currently, in the 8H time frame, after a rise to the supply range and the constructed neckline, it has faced a correction to the green box area.
💎 Now it is inside a corner pattern in the green box range, which can grow up to 0.000000001864 in the first step and retest the dynamic trigger and the supply area again.
💎 Alternative scenario: if the green box is broken, it can continue the correction up to 0.000000001500 until the previous OB.
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