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Pepe

Pepe: Traversing the Bullish WaveThe crypto world is currently witnessing a massive rally, a global phenomenon marked by a notable 6% growth in total market cap within the last 24 hours. As the mainstream adoption of cryptocurrencies increases and the potential for an institutional foray into the crypto space becomes more real, several cryptocurrencies have been benefiting from this bullish momentum. One such coin that has recently grabbed attention is Pepe coin, a popular meme coin that has undergone a remarkable resurgence. Pepe coin, in the last 24 hours, has been on a spectacular run, its value skyrocketing by approximately 15%. This meteoric rise has piqued the interest of the investor community, stirring hopes that the coin might soon reclaim its previous peak at a $1 billion market cap. Pepe's journey of resurgence has been marked by a growth of over 14.8% in the past 24 hours, accumulating to a weekly gain of more than 15%. This robust performance has catapulted it to become the top trending cryptocurrency on CoinMarketCap, further marked by an impressive 130% increase in its 24-hour trading volume. Digging deeper into the technical analysis of Pepe, it reveals a promising outlook for investors. On the 4-hour chart, the 0 Fibonacci level is marked at 0.000000908, with the half and first Fibonacci levels at 0.0000009805 and 0.0000010529 respectively. The current price of Pepe is at 0.0000012856, showcasing robust support at the 0 Fibonacci level of 0.00000111 on the 1-hour timeframe. Analyzing the Bollinger bands on the same 1-hour timeframe, the upper band points to a level of 0.0000012242, the middle one is at 0.0000010802, and the lower one rests at 0.0000009407. The momentum indicators for Pepe reflect the coin's current strong performance. The RSI, currently at 85, suggests an overbought market scenario that could potentially precede a price correction. However, the MACD indicates a value of 0.0000000540, signifying bullish momentum. In terms of volume, the OBV is at a significant 37 trillion, an indicator of strong buying pressure in the market. It's important to note, though, that the Stochastic oscillator is currently at 78, signifying the coin might be in overbought territory, and a potential reversal might be on the horizon. This rally of Pepe's value can be attributed to the broader boom in the crypto market, spearheaded by the rapid rise of Bitcoin and its increasing institutional adoption. This rally has ignited a positive sentiment across the crypto market, benefitting coins like Pepe. However, despite the coin's current success, investors need to exercise caution. Pepe's ability to generate sustainable profits during bear markets is still under scrutiny. As crypto trader Michael van de Poppe points out, while Pepe has witnessed a strong surge, a clear continuation is yet to be discerned. In conclusion, Pepe coin currently rides the wave of a bullish crypto market. While the coin's recent performance and the prevailing market trend give investors cause for optimism, it's essential for them to exercise due diligence and keep a close eye on market indicators. The crypto market is known for its volatility, and while potential gains can be lucrative, the associated risks can be just as significant. Hence, a balanced approach, aided by constant monitoring and well-informed decision-making, will be crucial in navigating the future course of Pepe coin.
by ShawnMCR
13
🔥 PEPE Waiting For Bullish Break Out: Great Reward PotentialOver the last couple of weeks I've made several PEPE analyses where I discussed a potential reversal of the trend. In the end it became clear that PEPE had to go lower first before a prolonged change of trend. Still, I kept a close eye on the diagonal purple resistance line. At some point PEPE has to break through it, which can potentially kick off a major bullish correction after weeks of selling. In case of a break out, the 200 area is still the target like before. SL around 93, could also be 82 for a less risky approach.
Long
by FieryTrading
12
PEPE breaks out / high risk / high reward setup.Channel breakout: PEPE has just broken out a 40 days long resistance of a down channel. Applying Divergence check on the breakout: There is no bearish divergence therefore the breakout is valid but sofar, volume is low. Inverse Head & Shoulder move: There is another up trendline resistance of inverse Head & Shoulder pattern's neckline. For safer side we can wait for priceline to breakout neckline of this head and shoulder. Target for the channel's breakout is Target: $0.00000208 Stop loss can be below the recent swing low before the breakout, which is at $0.00000082. Below is the view: It is a high risk / high reward setup. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Long
by moon333
$PEPEUSDT key support and resistance levels + weekly forecastOKX:PEPEUSDT continues its weakness relative to CRYPTOCAP:BTC and broader "risk on" signal markets such as $NQ! This latest dip was driven by an extremely negative news event - Grifter Gensler and his band of goons at the SEC are employing some bank-collapse-contagion-red-herring tactics by suing Binance. This news allowed the bears to take control and we see the temporary decoupling from the usual tight correlation with the Nasdaq break: In such events, traders with massive positions such as wallet 0x4614 move to protect their capital and sold huge positions to cut short term losses, as the market readjusts to lower key levels. If this was a catastrophic sell off event, we would not have seen a bounce off key support at 0.00000095, and the last remaining support for OKX:PEPEUSDT 0.0000005 would have fallen. The 0.0000005 level is revealed by my TA as the "last stand" support level for $PEPEUSDT. Breakdown BELOW this level would be a pivotal bearish moment and we would need a week or so to establish relatively "strong" support levels, not just daily price ranges, at lower price levels. However, this is not what happened during Bitcoin's multi thousand dollar move down which means that short term volatility can continue. Using a three-way outcome/decision matrix - down-neutral-up - we can prepare for three scenarios and deploy capital accordingly. The first outcome which is down, is a breakdown below the 095 handle and a cascade towards 056 handle (red box range in title image). As OKX:PEPEUSDT is tightly correlated with CRYPTOCAP:BTC and AMEX:HYG (BBB bonds), this would likely mean those two broader markets would have continued lower. If we look at CRYPTOCAP:BTC key levels, again we're not in catastrophe scenarios at all, a nice bounce off the $25.5k level and bulls will target $25.9k as next resistance: And AMEX:HYG levels also looking healthy, above 74.3 support with 75.3 as overhead resistance. Secondly in the neutral outcome we find a new range in OKX:PEPEUSDT bouncing between 0.000000950 and 0.00000108. A perfectly acceptable outcome for active traders as this offers a nice 10% intra day range. Thirdly in the OKX:PEPEUSDT bull case we need to see a breakthrough in CRYPTOCAP:BTC above $25.9k level and a move towards its next major resistance level now at $27k.
by dreamalittle
PEPE like DOGE?Hello friends, when asked how I see it with PEPE, I would compare it to the similarity with DOGE, on pepe I put important trend lines for me and attached a long-term chart of dogecoin on it... make the picture yourself, I don't have any special one on pepe now opinion and we are not even overly bullish on the crypto situation. Overall, however, another big increase is expected for PEPE, in fact, when PEPE passes above the tredline, which is resistance, and rebounds from the lower trendline.. then I will open a long position.
CRYPTO:PEPEUSD
by Bitcoinblockchainonline
PEPE next move, Come on Bulls The main resistance is broken and retested as support which is 0.00095, so indicating bulls are taking over however, the trend line still remains and is very important for a 4hr candlestick /2hr close above and a retest of the trend line before we can have an entry. I will be waiting for the breakout and retest before taking a long with sl at 0.00095 Will update you all later. For more updates follow me and check out my previous ideas Feel free to comment with your opinions about the idea If you have any pair you want me to analyze indicate in the comment section Remeber news only drives what chart already indicates
Long
by DN_Trades
Flash Crash or Bear Trap? (Bitcoin)The fact we are so close the Big Fib time date end of June 2023 and I still can't confirm which way this is going to swing is frustrating. Last year it was so clear coming up to the fib date , this year price could swing either way. For me there is two ways this is going to play out next 30-45days 1. We Flash crash down to retest the cycle low at 15k every cycle we create a double bottom , right now we keep be forming this crashing pattern that will take us back down to 15.5k. As you can see it is a very distinct pattern it can appear in any timeframe , the higher the timeframe the longer it takes for the pattern to form . There crashing patterns form everywhere not just Bitcoin. So if it did flash crash then it would look very similar to 2015. 2. Now the second outcome here is a massive bear trap and a massive move up to 40k end of June 2023. Check this out. We bounced massively off this moving average last time creating a huge bear trap. If it is going hold and reverse this is it , once we close under this moving average its over. SPX500 bump and run reversal pattern still not reached its technical target . We could still see a melt up in June 2023 for the SPX which would give a higher chance that Bitcoin hits 40k aswell. So as you can see how things can swing each way , we break the yellow triangle and close above it for Bitcoin we go up or we continue making lower lows we will complete the crashing structure , guess we just have to wait.
COINBASE:BTCUSD
by Sporia
9
PEPE/USDT 81% Down From All Time High Within 38 DaysPEPE Coin: From $100 to $1M for Early Investors, But 81% All-Time High Plunge Leaves Many at Loss Investors in PEPE, a highly hyped cryptocurrency, saw remarkable returns with some converting a mere $100 investment into $1 million prior to its listing on exchanges. However, the subsequent plunge in its all-time high, reached on May 5th, 2023, has led to an 81% decrease within just 38 days. As a result, those who invested $10,000 at the peak are now left with a value of only $1,890, indicating significant losses. With approximately 95% of investors currently facing a loss, caution is advised when dealing with excessively hyped coins. Early Investor Success Stories: Many early investors in PEPE experienced unprecedented gains, turning their initial $100 investments into remarkable sums of $1 million before the coin was listed on exchanges. These individuals likely benefited from being involved in the project at an early stage or having insider knowledge. Such success stories attracted attention and fueled the hype surrounding the coin's potential. 81% Drop from All-Time High: Despite the initial success, the value of PEPE experienced a sharp decline. The coin's all-time high, achieved on May 5th, 2023, has since plummeted by 81% within a span of just 38 days. This rapid decrease in value has caught many investors off guard and led to substantial losses for those who bought in near the peak. Investors at a Loss: Investors who entered the PEPE market during its peak are now facing significant losses. For example, individuals who invested $10,000 at the top of the market are currently left with a value of only $1,890. This substantial loss highlights the risks associated with investing in highly volatile and hyped coins. Cautionary Advice and Lessons Learned: The recent performance of PEPE serves as a cautionary tale for investors. The significant drop in value and the majority of investors experiencing losses underscore the importance of exercising caution when dealing with excessively hyped coins. Thorough research, understanding the fundamentals of the project, and carefully considering the risks are crucial steps to avoid potential financial setbacks.
Short
by CryptoPatel
BXX : PRICE PREDICTION 2024 $1.10BXX, the interest-free secured lending that can become a trend, has the potential to become a significant trend in the near future. This coin exhibits intriguing characteristics in terms of data structure, and based on our predictions, it could reach a market capitalization of over 20 million dollars by 2024. One notable aspect to consider is the growth of exchanges. This coin has the potential to experience an upward trend as it gains traction among various exchanges. From a technical perspective, the current trading volume appears to be relatively low. However, this update aims to provide long-term protection, and we anticipate that over time, the coin will attract more attention and generate increased interest. Regarding targets, the projected price range for this coin is expected to be between $0.80 and $1.10. At this moment the coin is listed at the MEXC exchange and BILAXY. This is a price prediction that suggests a strong likelihood of a market cap increase for this coin. However, it's important to note that managing risk is crucial since there are no guarantees in the market. Additionally, this is a spot long-term idea, meaning it anticipates sustained growth over an extended period. Let's see soon how far this coin did go.
Long
by Goldenbreakout
3
BXX : THE NEXT WHALE PUMP COIN of 1000%We did share before an update about BXX. BXX has a high possibility to be the next coin where the whales will breakout it with 1000%. This price action depends on the structure volume of this coin. At this moment the coin has a low volume range, and it can take some time before the whales can pump it. Depending on the match of 500 coins we did select this coin as a possibility where whales can breakout it in the coming time. Remember that trading has no guarantee and that this idea is a possibility of what can happen with this coin.
Long
by Goldenbreakout
Strong BULL coming $PEPEThis is my last call for the BUY zone on $PEPE/USDT. 1. Falling wedge most likely will be breaking above soon. 2. 4H timeframe identifies a very strong bullish divergence. (if you check previous divergences, $PEPECOIN is always reflected on them!) 3. We have a very strong support zone! 4. rumors about Robinhood are very strong than ever! P.S Be greedy when others are afraid, and be afraid when others are greedy! P.s.s All this SEC lawsuits are just to make people afraid and let them buy cheap, countries like China and Russian are getting into Crypto, do you really think USA will ban crypto overall? If yes, then you just leave this space and continue 9-6 work. :))) P.s.s.s If somehow my analysis is incorrect about $PEPE/USDT, this will be my last publishing.
Long
by UncleSurfer
3
BXX : TREND BREAKOUT - THE SLEEPING GIANT Today we did study this low-cap coin and found out that there is a good possibility BXX can get out of the trend and add a new breakout view. This coin Have made some interesting change in the TA structure, which allow us to give it some time to see if this breakout will confirm. We have checked - Coin structure - TA - Upcoming volume depending on the data of the last 7 days. also, the main reason for choosing this coin is that this coin shows a trend that did not show before. There is no guarantee in trading, do always study, and low-cap coins can be risky. The goal is to find coins where the possibility is high that it can break out.
Long
by Goldenbreakout
5
PEPE Coin | A Whale Sold PEPE at 52% Loss !A substantial loss was incurred by a whale who sold over 400 billion PEPE tokens at a 52% loss. The sale involved the transaction of 468.5 billion PEPE tokens, in exchange for 109 ETH valued at $190,000 and 237.5 thousand USDT. The unfortunate outcome of this transaction left the whale with a significant loss. On May 9, the whale withdrew approximately $890,000 worth of PEPE tokens from the KuCoin exchange. In my view, there appears to be a significant downward trajectory ahead. Looking forward to read your opinion about it.
Short
by TopgOptions