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In a significant show of confidence, whales and Smart Dex Traders (SDTs) have been actively accumulating $PEPE over the past 24 hours. Whales have bought an impressive 195.21 billion $PEPE, worth approximately $1.66 million. Meanwhile, SDTs have added 27.21 billion $PEPE to their portfolios, totaling $204,100. As a result, $PEPE […]
A savvy investor who strategically accumulated 795.9 billion PEPE tokens during a market low in early March has reportedly exited the position, securing a substantial profit of approximately $5.07 million. The exit occurred just five minutes ago, marking the end of a highly profitable five-month investment. The whale initially transferred […]
In the current dip, meme coins are charting the most losses weekly along with Pepe, which has registered a 24% loss so far. It is trading back at a multi-month support zone, where a fresh breakdown could occur. Following a major retracement to the $0.0000076 low in July, Pepe saw […]
$PEPE, once hailed as the “King of Memes,” has recently faced a significant downturn, touching its lowest point on August 5th and struggling to regain upward momentum. Despite a brief recovery after that dip, $PEPE has now returned to its previous low, reflecting the broader decline in meme tokens across […]
A significant player in the crypto world, known as cookislandstrust.eth (icrypto.ai/wallet/0x315e7), has recently made substantial investments in $PEPE, continuing to capitalize on market dips. On August 5, 2024, this whale investor seized the opportunity during a market downturn, spending $2.15 million to acquire 300 billion $PEPE tokens at an average […]
Despite the broader market downturn, many memecoins are proving resilient, with a significant portion of their holders still in profit. Leading the pack are $MOG and Pepe ($PEPE), which boast the highest percentages of profitable holders. Traditional favorites like $DOGE and $SHIB also demonstrate remarkable resilience, maintaining a considerable number […]
Following a short bounce in late June, Pepe recovered for a week and entered the $0.000013 range but due to a sudden rejection, it lost steam and started to show signs of weakness. So far, it has lost 25% in a week. In continuation of the overall crypto market clampdown, […]
In the past 24 hours, smart DEX traders have shown renewed interest in $PEPE, with significant accumulation observed across several notable wallets. Three hours ago, wallet 0xe3b9 (icrypto.ai/wallet/0xe3b9f…) acquired 9.41 billion $PEPE tokens, valued at approximately $117,250, at an average price of $0.00001240. This wallet currently holds 7.46 billion $PEPE, […]
Traders are becoming drawn to the meme-inspired crypto PEPE, after a technical study by the famous crypto expert World Of Charts shows it has some surprises under its sleeves. As shown on X, PEPE is forming a positive pennant, which is a common technical sign for big price increases. According to World of Charts, the price of the meme coin could go up by 25 to 30%. Related Reading: Cosmos (ATOM) Set For 50% Rally After Recent Plunge, Analyst Eyes $12 Target Converging trendlines following a significant price gain, commonly called the flagpole, constitute the bullish pennant, which often indicates a halt before the market continues its upward trajectory. Pointing out a successful break from this pennant, World of Charts indicated a significant PEPE momentum. This breakout represents a turning point when the token breaks free from the consolidation period inside the convergent trendlines. $Pepe Breaking Bullish Pennant Successful Breakout Can Lead 25-30% Bullish Wave #Crypto #Pepe pic.twitter.com/o2Z9G6nWRV World Of Charts (@WorldOfCharts1) July 23, 2024 PEPE was trading at $0.00001263 at the time of writing, suggesting a 4.60% increase; forecasts show a probable climb to $0.00001600, therefore reflecting a possible jump of up to 27%. Technical Indicators Display Positive Sentiment For PEPE, the technical signals a cautiously hopeful picture. Now showing a positive trend, the token is trading above both its 50 EMA ($0.000011) and 100 EMA ($0.00001029). At $0.00001288, it immediately encounters opposition nevertheless. A good breakthrough of this level may drive PEPE towards all-time highs. On the other hand, should PEPE lose its present momentum and below the 50 and 100 EMAs, prices would perhaps drop to the support level of $0.00000842. Currently at 56.16, the Relative Strength Index (RSI) points to a neutral to somewhat positive attitude lingering over the middle. Forecast Highlights Long-Term Possibilities Over the next seven days, an upswing is expected, thereby reflecting a positive short-term momentum for PEPE. The asset is selling at 228% below its expected value right now, implying notable undervaluation. For traders hoping to profit on the anticipated price movement, this gap offers a solid buy possibility. Technical signs pointing to rising purchasing pressure and market bullish mood line up with the expected upswing. Related Reading: Is The US Emulating Germany? $4 Million Bitcoin Movement Raises Questions Reflecting considerable medium-term promise, PEPE’s price is expected to rise by 245% over the next three months in the mid to long term. With a predicted rise of 180% in six months, this growth trajectory keeps on, therefore supporting the asset’s great upward momentum. Based on a one-year projection, which indicates 166% increase showing long-term value appreciation and continuous optimistic attitude. These forecasts imply that PEPE is likely to show notable increases, so it appeals to both long-term and short-term investors. Featured image from X/@Aatroxcarry, chart from TradingView
Amid the latest market recovery, meme coins are popping out again with Pepe charting over 50% gains in the past week. It is the daily crypto spotlight following a breakthrough key resistance, leading altcoins rally. In late May, Pepe initiated a drop and started to lose momentum after printing a new […]
After reaching an all-time high in recent weeks, $PEPE has experienced a significant decline, losing 12% of its value today and 18% over the past week. However, not all investors are deterred by this downturn. Nascent (@nascentxyz), a prominent venture capital firm, took advantage of the dip by acquiring 447.67 […]
Pepe ($PEPE) has experienced a pullback amidst the recent crypto market reversal. Despite this downturn, data from @intotheblock reveals that 86% of $PEPE holders remain in profit. This indicates strong resilience among investors even as market conditions fluctuate. Today, a significant whale activity was recorded when the wallet 0x837 deposited […]
Today, $PEPE has reestablished itself as the leading meme coin, boasting a trading volume of $1 billion despite not being listed on Coinbase. This resurgence has seen $PEPE increase by 12%, a notable feat given the broader market downturn. Today, $PEPE has returned to a trading volume of $1B Even […]
The largest Ethereum memecoin, $PEPE, experienced a further decline of up to 7% today. On-chain reports highlight significant activity from a notable address, 0xf22…a685c, which has been actively trading large volumes of $PEPE. In the past two days, this address deposited 357.2 billion $PEPE to Binance at a loss. Today, […]
The memecoin $PEPE has experienced a 4% decline today, dampening the bullish momentum it started the new trading week with. This downturn coincides with on-chain reports indicating outflows from some whales. Spotonchain data suggests that Whale 0x1a2 is preparing to deposit a substantial amount of $PEPE tokens, totaling 1.24 trillion […]
After experiencing a sharp 10% price drop yesterday, the meme coin $PEPE saw significant activity from large holders, commonly known as whales. Two whales notably withdrew a total of 548 billion $PEPE tokens, equivalent to $7.5 million, from Binance. After the $PEPE price dropped, 2 whales withdrew 548B $PEPE($7.5M) from […]
The Ethereum-based memecoin $PEPE has recently surged to an all-time high, drawing significant attention from major investors and early adopters. Numerous onchain reports highlight substantial transactions, reflecting the heightened market activity and investor interest in $PEPE. BlockTower Capital transferred 202B $PEPE($2.8M) to #Cumberland for sale 2 hours ago after the […]
The Ethereum memecoin $PEPE has seen a remarkable surge, hitting an all-time high of $0.00001127 today with a market cap surpassing $4.5 billion. This represents a significant gain of over 11% for the day and 32% over the past 7 days, making it the second largest crypto memecoin in the […]
Amid recent bearish sentiments across the space, Pepe remained calm as it gathered liquidity for the next major shift. It may resume its lower low and lower high pattern if the bulls fail to sustain recent momentum. After locating support two weeks ago, Pepe recovered from a dip and climbed […]
After a retracement from its current high of $0.22960, the price of Dogecoin (DOGE) looks like it is not yet done as the memecoin bounced back and moving toward its current high. Dogecoin Price Technical Analysis Dogecoin is one of the few memecoins that have captured the hearts of many crypto investors. Like Shiba Inu and Pepecoin (PEPE), Dogecoin is backed up by a strong and exciting community which has played a huge role in its success so far. At the time of writing, the price of DOGE was trading around $0.19713 and was up by over 5% in the last 24 hours. Also, the price is currently trading above the 100-day moving average with very strong bullish momentum in the 4-hour timeframe. The MACD indicator in the 4-hour timeframe suggests an upward spike. This is so because the MACD line and the MACD signal that was trending below the zero line have both crossed, heading toward the MACD zero line. If the MACD line and the MACD signal line manage to cross above the MACD zero, Dogecoin might move higher to create a new high. Meanwhile, the MACD histogram is already trending above the zero line which suggests a bullish momentum. The Relative Strength Index (RSI) on the 4-hour timeframe also indicates a bullish momentum toward the upward direction as the RSI signal line has crossed above the 50% level and is heading towards the overbought zone. According to the RSI indicator, the strength of the upward movement is still very strong as buyers are still very active in the market. Potential Retracement On The Downside Given the price’s previous surge, two major resistance levels and one major support level were created around $0.22960, $0.2244, and $0.19622 respectively. If the price of DOGE manages to move above the resistance level of $0.22441 level, it might move even further upward toward the resistance level of $0.22960. At this point, if the price succeeds in breaking above this level, the price might surge higher to create a new high. On the other hand, if the price fails to break above this resistance level, the price might start a new downward movement toward its previous support level of $0.19622. However, a breakout below the $0.19622 level could trigger a new downward trend. Featured image from iStock, chart from Tradingview.com
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