PEPE rally is about to end or go further?PEPE/USDT from Binance on a 3-day timeframe. Here's my technical analysis
Resistance and Support Levels:
Resistance : The chart indicates a resistance level around 0.00001725 USDT , marked by a red horizontal line. The price has recently tested this level and faced rejection.
Support : Key support levels are indicated around 0.00000895 USDT and 0.00000593 USDT. These levels are critical as they represent potential areas where the price might find buying interest if it declines.
Technical Indicators
Parabolic Curves : I used parabolic curves to indicate the dynamic support and resistance zones. The price action is currently above these curves, which is a bullish signal.
Key Support : The key support curve is crucial as it provides a baseline for the current uptrend. If the price were to break below this level, it might indicate a potential trend reversal or a deeper correction.
Recent Price Action: The price recently faced resistance at around 0.00001725 USDT and has shown some consolidation in the highlighted red box area.
Potential Pullback: A possible pullback scenario where the price could retest the 0.00000895 USDT level before potentially finding support and moving back up.
Pepe
pepe → tiny correctionhello guys!
Chart Overview:
- after the price made a symmetrical triangle, it broke the top line
- it is forming a range or rectangle right now!
Trend Analysis:
- Pepe is in compression now
- we can consider an upcoming downward!
Price Patterns:
- There are two potential correction zones within the rising trend:
1. Around the $0.0000107 level.
2. Between 0.0000099 and $0.0000094.
Bullish Trend Confirmation:
- if the range area breaks down it will confirm the downward movement
✎Actionable Insights:
- you can take a risk and enter the short position right now and put two previous area as a target!
- or you can wait until the range breaks down then get a short position until the blue area will be touched!
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$PEPE buy zone to refill your bag before the next moveCRYPTOCAP:PEPE , like all altcoins, is suffering from the CRYPTOCAP:BTC selloff caused by MT.Gox, governments, Grayscale, etc. Its price is now in consolidation before the next move. I forecast an altseason around September/October. Now is the time to seize any opportunity to accumulate at a low price.
In this chart, I identify the supports and resistances. CRYPTOCAP:PEPE in the green box is a good opportunity to buy long with a +30% increase at recovery and potentially more for the end-of-year alt season.
DYOR. This is my personal analysis, not financial advice.
PEPE Token Price SpeculationsBINANCE:PEPEUSDT
The price prediction for Pepe token (PEPE) over the next five days suggests a potential upward trend. According to various sources:
1. Short-term Forecast:
July 7, 2024: $0.000008866
July 8, 2024: $0.000009345 (+1.39%)
July 9, 2024: $0.000009963 (+8.09%)
July 10, 2024: $0.00001072 (+16.31%)
July 11, 2024: $0.00001156 (+25.42%) .
2. Market Sentiment and Influences:
• Current Sentiment: The market sentiment for Pepe token is currently mixed. Despite short-term bullish predictions, some indicators suggest caution due to market volatility and speculative nature of meme coins .
• Factors Influencing Price: External factors such as overall market trends, investor sentiment, and broader economic conditions can significantly influence PEPE’s price movements .
These projections indicate a potentially positive trajectory for Pepe token in the immediate future, with expected price increases over the next few days. However, it’s important to consider the inherent volatility and risks associated with meme coins and the broader cryptocurrency market when making investment decisions.
PEPE/USDT Trading ScenarioAfter hitting a new local high of $0.00001726, the price of PEPE entered a prolonged correction, dropping to $0.00000768, a decline of over 55%. In this range, the price found significant interest from market participants and nearly reached the high-volume level (Point of Control, POC), from which it bounced back and attempted to recover. Currently, the asset is in a consolidation phase, and according to the volume profile, interest in this price zone remains. The price might drop further, which could pressure new participants and provide an opportunity to buy at lower prices, closing out losing positions. A downward move and testing of the 200-day moving average appear promising for medium-term entry with the goal of setting a new local high.
PEPEUSDT.1DThis technical analysis of the PEPE/USDT (PepeCoin against US Dollar Tether) chart provides a comprehensive view of the market dynamics at play. Here’s an in-depth review of the current chart pattern and the critical levels:
Current Price Action:
PEPE is trading at 0.00001259 USDT. The chart reveals a sequence of bullish and bearish phases, now seemingly poised at a crucial juncture.
Key Levels on the Chart:
Support Levels:
S1: 0.00000780, a significant pivot point in recent trading sessions.
S2: 0.00000595, which has acted as both resistance and support in earlier price movements.
S3: 0.00000379, indicating a lower boundary from past pricing zones.
S4: Not shown but would imply a further significant drop.
Resistance Levels:
R1: 0.00001377, a previous support level that could now serve as a resistance.
R2: 0.00001724, the highest recent price and a psychological barrier.
Technical Indicators:
MACD (Moving Average Convergence Divergence): The MACD is hovering around the signal line, indicating a lack of strong momentum. The slight convergence above the signal line may suggest a budding bullish momentum, but it remains weak.
RSI (Relative Strength Index): The RSI is at 59.04, which is near the neutral zone but trending upwards, suggesting increasing buying interest without yet reaching overbought conditions.
Technical Analysis and Trading Strategy:
The chart presents a scenario where PEPE has bounced off the low support levels and is attempting to break through higher resistance. The current formation suggests a potential bullish reversal if the market sentiment continues to improve.
Buying Strategy: Consider taking long positions if PEPE maintains its level above S1 at 0.00000780, with a conservative target at R1 (0.00001377). A tight stop-loss just below S1 could help manage risk.
Selling Strategy: If PEPE reaches the resistance at R1, traders should watch for signs of reversal (e.g., bearish candlestick patterns, RSI divergence). Taking profits near R1 or holding out for R2 (0.00001724) with a trailing stop-loss can maximize gains while protecting from sudden declines.
Risk Management: Given the volatility and the lower price per coin, position sizing should be adjusted accordingly to manage exposure and avoid significant losses.
Conclusion:
The PEPE/USDT pair shows potential for short to medium-term gains if it can sustain above established support levels and break through the impending resistance levels. The key will be to watch how the indicators align over the next trading sessions, particularly the MACD for momentum shifts and the RSI for buyer exhaustion signs at higher levels. This approach combines technical signals with strategic entry and exit points to optimize the trading outcome while mitigating risk.
PEPE/USDT: LOOKS READY FOR A 25-30% RALLY!!Hey everyone!
If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated!
PEPE looks good here. Forming a bull flag-like structure here and trying to break it out. You can enter now or wait for a clear breakout.
Targets:- $0.0136/$0.0148/$0.175
SL:- $0.0118
What are your thoughts on PEPE's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Meme Coins: What’s Behind the Curtains ?Have you ever wondered how meme coins keep pumping? Are people really getting rich from them?
How the Pumps are Made ?
Step 1: Establishing Credibility
First, the creators spend significant investment capital to demonstrate good credibility. This ensures that the strongest platforms list them. During the Initial Public Offering (IPO), coins are sold massively to investors. However, as their is no more buyers, prices begin to decline.
Step 2: Accumulation Phase
Next, the coin enters an accumulation phase where big whales start buying from bored speculators at the lowest prices. The whales objective during this phase is to accumulate the maximum quantities for the lowest price possible. The long accumulation time will breakdown the enthusiasm of the speculators , selling their coins for a loss or no profits.
Step 3: Controlling Supply and Demand
When accumulation reaches its peak, the whales start withdrawing their coins from the platform, leaving the market with small quantities. They then inject a significant amount of capital, such as $1 million, causing the price to take off.
Step 4: Advertising
Following this, the coin creators and whales invest heavily in advertising , attracting a big community and more investors. This new crowd keeps injecting liquidity into the pumps, leading to noticeable price increases.
Getting Rich Quick?
Can you get rich quick from meme coins? The reality is nuanced. Even if speculators buy at the bottom, their investments are often too low, leading them to sell at modest gains during the pumps. On the other hand, people who buy after a 1000% increase are typically looking for substantial returns. However, their small capital makes even a 5x return seem insufficient.
The meme coin trend is aggressive and driven by a powerful crowd. While investing in these coins can bring profits, it’s essential to remember that you are always at the mercy of the whales. If they decide to sell off, the market can crash just as quickly as it pumped. Therefore, caution and awareness of the market dynamics are crucial when dealing with meme coins.
Altcoins Warming Up! Here Are Some Picks.Traders,
We knew it was coming. We knew alts were nearing their bottom and would heat up soon. We knew we would start to make and take massive profits like we did on one of our trade exits today (+64%). WE DID NOT KNOW THAT AN ASSASSINATION ATTEMPT ON FORMER PRESIDENT TRUMP WOULD START IT ALL. But this appears to be exactly what happened because prior to the attempt the former president had been vocalizing full support of Bitcoin and crypto. The big dawg (BTC) has led the pack strongly and I believe we are just beginning to see the start of our second leg up in the altcoin space.
In tonight’s video, I am going to cover the current hottest alt and meme coins in the list that I track. We’ll do some quick technical analysis and I’ll give you some possible entry points and strategies as well as some final targets for swing trades.
Paid subs, know that in the future I will probably be picking up one or two of these coins. Also, should my proprietary indicator continue its current success rate, I may share a special post about what this is and how I utilize it. Be on the lookout for these future posts and more. Enjoy this week’s video on a few of the hottest altcoins for this mid-July.
PEPE wait break S/R📊 PEPEUSDT Chart Analysis
Key Points:
Strong Resistance 💪:
A strong resistance is observed at the 0.00000991 - 0.00001032 zone. This level has acted as a barrier multiple times.
Indicated by the blue horizontal line.
Take Profit (TP) Levels 🎯:
TP-1: 0.00000991 🟢
TP-2: 0.00001032 🟢
TP-3: 0.00001082 🟢
TP-4: 0.00001131 🟢
TP-5: 0.00001208 🟢
Technical Analysis 🔍:
Previous Downtrend 📉:
The chart shows a strong downtrend previously, with the price dropping from around 0.00001313 to the low of approximately 0.00000763.
Current Zone 📈:
The current price is around 0.00000924, close to the strong resistance zone.
The red area represents the risk zone, indicating the potential for a price drop if this area is broken downward.
Potential Upside 🚀:
If the price can break the strong resistance around 0.00000991, there's potential for movement towards the subsequent TP levels.
Given the current position and the strong resistance, breaking this zone could signal a good buying opportunity.
Trading Strategy 💹:
Enter Long Position 🛒:
Consider entering a long position if the resistance at 0.00000991 is broken.
The take profit targets (TP) are sequentially TP-1 to TP-5.
Stop Loss 🛑:
Place the stop loss below the red zone (0.00000897) to limit losses in case of a sudden price drop.
Conclusion 📝:
The PEPEUSDT chart indicates a strong resistance zone. Breaking this resistance can lead to a potential price increase towards the specified TP levels. Therefore, entering a long position upon breaking this resistance and setting a stop loss below the red zone can be a sound strategy.
This MEME Coin Is Setting Up For A LARGE Breakout
MartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space. The Bull market is here
Even tho the bull market is here 1000SATS has not fully mooned yet there is still time to buy on DIPS . The market has just hit a critical level . This is a bullish structure and dips are buys, when these dips happen 1000SATS can start its move higher . This needs to be watched carefully on a new 2 week candle.
1000SATS can get very bullish with the ETH ETF launch so we need to watch carefully
Please watch the video for more information
$PEPE trollololing from 0.00000920 to 0.0000260-270 price 185%upAfter hitting a low post-correction we are very much still in a bull market with BINANCE:PEPEUSDT after the correction from 0.00001600 happened. Majority selling volume sitting at 0.00002642.
Invest smart, invest hard.
Boost my post if you like this idea 💡
Also follow and subscribe for more uproars. Let's spread the word together.
Roaring Puppy 🐶 out.
BINANCE:PEPEUSDT
Alikze »» DOGE |Descending channel movement scenario🔍 Technical analysis: Descending channel movement scenario
- According to the analysis presented in the 4H time frame in the previous post, it faced selling pressure after hitting the supply zone and failing to break it.
- The projected downward path is in accordance with the movement path after the break of the green box area, and touched the 0.12590 area and the second green box area.
- But currently, according to the correction structure, if the green box area is broken, the correction will continue.
- Therefore, as long as it is below the Fibo area of 1.618, the first target close to it can be the range of 0.097 and then the specified Fibo 100 range of 009214.
Considering that it is moving in a descending channel, the Fibo 100 zone can collide with the bottom of the descending channel.
💎 Alternative scenario: In addition, if it can stabilize the neckline or Fibo range of 1.618 towards the break and above it, it can be the first target of the ceiling of the descending channel and the range of 0.1464.
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PEPE Rockets Upward: Eyeing Explosive Gains!hello guys.
let's analyze PEPE!
- Current Price: The current price of PEPE is $0.00001177, showing a 3.98% increase.
- Support and Resistance:
- Support Level: The price has recently bounced off an internal trendline, acting as a significant support level.
- Resistance Level: The target price is set at $0.00004128, indicating a potential resistance point in the future.
- Trend Analysis:
- Ascending Channel: The chart predicts an ascending channel, suggesting that the price might continue to rise if it stays within this channel.
- Internal Trendline: The price has reacted quickly to the internal trendline, indicating strong buying interest at this level.
- Pattern Formation:
- Double Bottom: The recent bounce could be seen as a double bottom pattern, which is typically a bullish reversal signal.
- Quick Reaction: The quick reaction to the trendline suggests strong momentum and buyer confidence.
- Predicted Movement:
- If the price continues to follow the predicted ascending channel, it is expected to reach the target of $0.00004128.
- The price might face some resistance along the way, particularly around the mid-line of the channel, but overall, the momentum seems bullish.
- Market Sentiment: The increase in price and the strong reaction at support levels indicate a positive market sentiment. Traders seem optimistic about the future price movement of PEPE.
Key Points to Watch:
- Trendline Support: Ensure the price remains above the internal trendline for the bullish trend to continue.
- Mid-channel Resistance: Monitor price action as it approaches the mid-line of the predicted ascending channel for potential resistance.
- Volume: Increasing trading volume would further confirm the bullish trend and provide additional confidence in reaching the target price.
___________________________
✓✓✓ Always do your research.
❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.
❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
PEPE COIN PRICE ANALYSIS AND NEXT POSSIBLE MOVES !!CRYPTOCAP:PEPE Coin Update !!
• in Last 3 days we see 45% move in PEPE Coin Price !!
• Now incase its price reach 0.00001331-1350$ OR 0.00001386$ then i will look for instant future short trade setup with Tight Stoploss🫡
• Short term spot traders that buy it in a dip few days ago should take profit upto 70% & move SL AT Entry Point.
PEPEUSDT Good Buy!PEPEUSDT technical analysis update
PEPE has formed a triangle pattern on the 4-hour chart, and the price has now broken the triangle resistance in the 4-hour timeframe. Additionally, the price has broken above the 100 EMA, indicating a potential bullish move in PEPE in the coming days.
Regards
Hexa