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Pepe

PEPE Reaches New All-Time HighEthereum-based memecoin CRYPTOCAP:PEPE has surged 27% to a new all-time high over the past 24 hours, driven by speculation around the potential approval of spot Ether exchange-traded funds (ETF) in the United States. The surge is driven by the expectation that the U.S. Securities and Exchange Commission (SEC) will approve spot Ether ETFs by a May 23 deadline. CRYPTOCAP:PEPE is currently trading at $0.00001280, up 23.48% over the past 24 hours. PEPE's open interest (OI), which measures the total value of all outstanding CRYPTOCAP:PEPE futures contracts across crypto exchanges, rose 40% to $172.96 million over the past 24 hours. This rise usually indicates traders are more confident entering future positions on a cryptocurrency, with a significant number in long positions. PEPE's price spike over the past 24 hours saw $6 million in short positions liquidated, and if PEPE's price drops 6%, it would liquidate $10 million in long positions. With a Relative Strength Index (RSI) of 68.87 CRYPTOCAP:PEPE is set for a trend reversal in the near term traders ought to be cautious consolidation is looming ahead.
by DEXWireNews
PEPE - Are You Ready?📈Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 PEPE has been overall bullish , trading within the rising broadening wedge pattern in green. Currently, PEPE is undergoing a correction phase and it is currently approaching the lower bound of the wedge. Moreover, it is retesting massive demand zone marked in red. 🏹 Thus, the highlighted blue circle is a strong area to look for trend-following buy setups as it is the intersection of the red demand zone and lower green trendline acting as a non-horizontal support. 📚 As per my trading style: As #PEPE approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
21
PEPE! Lilly pad to trampoline! PriceAction If you find this information inspiring/helpful, please consider a boost and follow! Bounced off of level, now watching for it for clues on the next move. Right now the impulse are up BOS style. So looking for continuation with the trend, but I will be ready if the trend turns. So watching these IDM for now for clues of a retrace or slow down before the next move, but again right now the pattern is impulse up correction down. ...patterns change though.
Long
by CryptoKnee
💎 BITCOIN (BTC) : Poised for an Explosive Surge Beyond $70,000!Upon reviewing the latest #Bitcoin chart in the weekly timeframe (logarithmic), we observe that since the previous analysis, Bitcoin has successfully achieved more than a 15% increase, managing to penetrate above $70,000 once again! Considering the price movements and the momentum, I expect we will soon witness an explosive move from Bitcoin! This movement, in the first scenario, could start from the current range of $65,500 to $70,000, or in the second scenario, we might see a price correction down to the demand range of $53,000 to $56,750, followed by a subsequent rise in price to levels above $70,000. The upcoming targets are, in order, $77,000, $85,000, and $100,000 ! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Long
by ArmanShabanTrading
24
PEPE/USDT potential shift from support? 👀 🚀 PEPE analysis💎 Paradisers, turn your focus to #PEPEUSDT. It's currently displaying promising activity within a support zone, suggesting a potential bullish shift. 💎 Recently, we observed #PEPEUSDT breaking out from a descending channel, signaling the start of a bullish trajectory. It is now retesting what was once the channel's resistance, which has since evolved into a supportive base. Notably, it's positioned above the EMA 200, adding to our optimism that, following a brief interaction with the EMA, it might begin its ascent. 💎 Furthermore, the VRVP indicates significant volume at this level, enhancing the likelihood of continued upward movement. However, caution is advised: if the price fails to maintain its momentum and falls below both the EMA and the support zone, it could be pulled towards a critical demand level. 💎 As always, it's vital to implement wise trading strategies and set appropriate stop-loss measures. Stay vigilant and keep an eye out for further insights and market movements. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
8
PEPE breakout eyeing up to 50% gains!Last week CRYPTOCAP:PEPE broke out of an inverted head and shoulders formation and it seems to be correlated with mania surrounding $GME. We have since retraced much of the move to retest the pattern's neckline and so far it has held. Looking for price to move now to 0.000012-0.000014 in the short term, which would be up to 50% gain! On the shorter timeframe its possible that price is within a descending channel of sorts. Price will start moving up quicker once we have broken that formation.
Long
by HaydenOtto
3
🔥 HONK: New Memecoin On The Block - You're still early!Memecoins like PEPE, Bonk, Floki etc. have been performing extremely well over the last few months. Their usecase is debatable, but does that really matter when a token rises 1,000%? Where most memecoins have already seen a massive upwards move, HONK has seemingly just started after it rose over 150% over the last two days. With a marketcap of around 5 million, this token can see some very decent upside if more investors start looking at it. Seeing that Bonk has a 3B marketcap, I don't see why Honk couldn't get to 1B at least. A 20x is far-fetched, but we all know that everything is possible in bullish conditions. Seeing this signals' risk-reward is over 35, a small investment (with an even smaller loss) can result in a potentially massive gain.
Long
by FieryTrading
10
PEPE: Bullish Outlook with Consistent Trend Line Support 📈Current Market Context: PEPE’s price action is showing strength with consistent support on a rising trend line. The recent follow-through by the bulls indicates potential for further upside. However, given external market risks, this trade will be executed with low leverage. Trade Strategy: Entry: Initiate a trade at the current market price. Take Profit: Set multiple take profit targets to lock in gains at different stages: First Target: $0.0112 Second Target: $0.012 Third Target: $0.016 Stop Loss: Place the stop loss just below the blue support line, which aligns with the rising trend line. Specifically, close the trade if PEPE closes below this level. Rationale: Technical Analysis: The consistent taps on the rising trend line and bullish follow-through suggest strong support and potential for continued upward movement. Risk Management: Given the external market risks this week, the trade will be conducted with low leverage, and the stop loss is strategically placed to minimize potential losses.
Long
by Richtv_official
🐸PEPE🐸 is Ready to Correct 🚨➖40%🚨✅As I expected in the previous post , PEPE was corrected by more than ➖50% . 🌊According to the theory of Elliott waves , PEPE is completing the main wave 5 , and most likely, wave 5 is a truncation type . 📚 A truncation is the fifth wave in an impulsive pattern that fails to exceed the price extreme of the third wave. It suggests underlying strength or weakness and an impending market reversal.(A truncation often occurs following a particularly strong third wave) 🔔I expect PEPE to drop to at least the Support line after breaking the Uptrend line (➖40%). ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed. PEPE Analyze (PEPEUSDT), Daily time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
31
Nothing!!!Hi. ➡️ the odds of another bullish Movement is Pretty high because the pattern which PEPE is in, Is a Bullish wedge Pattern! Since The break out has not happened, there is no confirmation of a Bullish Movement But If It happens.... ✅ Due to the Ascending structure of the chart... 🟢 The odds of another Bullish Movement is High! 🟢 Bullish wedge is Visible on The chart! 🟢 No break out yet! ✨Targets are: 🎯$0.00000769 🎯$0.00000893 🎯$0.00001025 ❗ Note that if the WEDGE is broken down with the power of descending candles, our analysis will fail. Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
3
The Power of Retail Investors ---- PEPEIn the past two days, the U.S. stock GameStop has experienced another obvious pump again after three years. Roaring Kitty, a representative of retail investors, posted on X after three years of silence. The follow-up of retail investors caused the stock price to rise. At the same time, meme coin GME, Kitty, etc. also had pumps. Due to its poor performance, GameStop continues to be shorted by large asset management companies, and its value is separated from its business support. Three years ago, financial institutions restricted long positions on GameStop, which caused strong dissatisfaction among retail investors and led to a short squeeze phenomenon. Whether it is from the current value of GamStock or the type of holders, it can be described as a meme stock. Fair is the biggest consensus of meme coin. This is why this stock market event spread and affected the crypto market. This is the power of retail investors. Meme coins have seen a significant rise in the past two days. In addition to the eponymous tokens GME and KITTY, the highly decentralized PEPE has also seen a significant increase. We have analyzed PEPE before and gave a BUY signal on February 23 through the TSB indicator, believing that PEPE is about to rise. On May 2, after the TSB indicator once again prompted a BUY signal, PEPE began to rise again. Currently PEPE is refreshing its ATH. We can see the formation of long green candles over the past two days, accompanied by increased trading volume. The bullish trend is healthy. Introduction to indicators: Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated. KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits. Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies. Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
by sypool-AI-TradeGenius
"Untested Levels with Timeframes" - indicator community test!Looking to test my indicator. This indicator, titled "Untested Levels with Timeframes" is designed to identify and visualize price levels within different timeframes that have not been tested recently. Here's a breakdown of its benefits and usage: Identifying Untested Price Levels: The indicator helps traders identify support and resistance levels that haven't been tested for a specified period within different timeframes. This can be valuable because untested levels may represent potential areas where price could reverse or encounter significant movement. Customizable Timeframes: The indicator allows users to specify different timeframes (e.g., 30 minutes, 1 hour, 4 hours, daily) for analyzing untested levels. This flexibility enables traders to adapt the tool to their trading style and preferences. Visual Representation: Untested levels are plotted on the chart as rays extending to the right. This visual representation makes it easy for traders to identify and assess these levels at a glance, enhancing their chart analysis process. Dynamic Management: The indicator dynamically manages untested and tested levels over time, ensuring that traders focus on the most relevant price levels within each timeframe. This feature helps prevent clutter on the chart and maintains the indicator's effectiveness. Potential Trading Opportunities: By identifying untested levels, traders may uncover potential trading opportunities, such as entering trades near untested support or resistance levels or waiting for confirmation of a breakout or reversal at these levels. Risk Management: Understanding untested levels can also assist in risk management by providing traders with additional context when setting stop-loss levels or determining the risk-reward ratio for a trade. Overall, this indicator can be a valuable tool for traders seeking to enhance their technical analysis and identify potential trading opportunities based on untested price levels across different timeframes. However, like any trading tool, it's essential to combine it with other analysis techniques and thoroughly backtest it to assess its effectiveness within your trading strategy.
by TempleTrading
Pepe Inu ($PEPE) Coin Hits New All Time High Pepe Coin ( CRYPTOCAP:PEPE ), a meme coin, has recently hit an ATH of $0.00001109, marking a significant shift in smart money activity. The token has defied the crypto market's expectations and has gained unprecedented momentum. On-chain data reveals that nearly 250.5 billion CRYPTOCAP:PEPE was shuffled by smart money addresses during the token's recent hitting of a new ATH. This has ignited speculation among investors about the meme coin's potential to offer gains in the future. Data revealed by on-chain analytics platforms showed 250.40 billion CRYPTOCAP:PEPE was moved in the past 24 hours, showcasing Pepe coin accumulations and dumps by smart money traders. One smart money address, 0x37, was noted to have been accumulating 406.74 million CRYPTOCAP:PEPE from Binance, while another smart money address, 0x647, offloaded a whopping 250 billion CRYPTOCAP:PEPE to the same exchange. This address still holds considerable amounts of CRYPTOCAP:PEPE worth 7.25 billion coins, hinting that the investor believes the token could pump even higher. As of writing, PEPE's price has rallied 22% in the past 24 hours and currently sits at $0.00001116. Its 24 hour lows and highs are $0.00000831 and $0.00001097, respectively. By ditching a zero from its value, the meme coin has achieved a monumental achievement, although speculations loom about whether it can hold this level. Significant CRYPTOCAP:PEPE buying in recent days has brought considerable buying pressure on the frog-themed meme token. The coin's 24-hour trading volume further rocketed 280.38% to $2.11 billion, pushing the token to a bullish stage. Coinglass data also flagged a market uptrend scenario for Pepe coin, with open interest surged 14.92% to $107.51 million and a derivatives volume upswing of 235.45% to $2.12 billion. This data paints a highly optimistic scenario for PEPE at press time, although speculations of a correction loom primarily due to the RSI hovering at 70. CRYPTOCAP:PEPE coin is trading with a Relative Strength Index (RSI) of 75.29 which implies CRYPTOCAP:PEPE coin is overbought. The daily price chart depicts a bullish flag pattern which is poised for further growth.
Long
by DEXWireNews