Pepe
MEME COIN CYCLE - Total Meme Coin MC to $420BWe do not yet have a Meme Coin Market Cap index in TradingView but I am expecting Meme Coin Total Market Cap to reach ~$420B Market Cap at pico cycle top this cycle
Reasons:
- CRYPTOCAP:DOGE is basically playing out the 'OTHERS' market cap chart, just a cycle behind.
-Instead of CRYPTOCAP:DOGE , you can change this to the Meme Coin market cap chart ( CRYPTOCAP:DOGE was basically the only meme coin in 2020 - CRYPTOCAP:SHIB came later). Currently Meme Coin Total Market Cap as of today 5/23/2024 is GETTEX:61B Market Cap ( CRYPTOCAP:DOGE MC is currently $23B)
-2017 - #OTHERS MC peaked at GETTEX:70B MC.
-2021 - #OTHERS MC peaked at 450B MC.
-2021 - CRYPTOCAP:DOGE MC peaked at GETTEX:70B MC.
-2024 - Meme Coins MC predicted to peak at ~$420B MC.
CRYPTOCAP:DOGE , CRYPTOCAP:SHIB , CRYPTOCAP:PEPE , and CRYPTOCAP:WIF market cap index limited history, is the bright green line chart.
Price is fractal, studying Market Caps is the alpha-leak.
gl hf, make sure to book profits, NFA.
- @CryptoCurb
PEPE/USDT Analysis: Bullish Breakout and Key Targets📌In this video, we dive into the latest price action of PEPE/USDT on Binance. We analyze a significant bullish breakout from the support level and identify key resistance zones. Learn how to leverage these insights for potential trading opportunities. Don't miss out on this in-depth technical analysis using TradingView!
📊PEPE/USDT Analysis: Bullish Breakout and Key Targets
PEPEUSDT: On the way to create a record high!Dear Traders,
PEPEUSDT has some extreme bullish behaviour due to that in our view this crypto is likely to continue its bullish momentum for long period. It would be ideal for someone who has been looking to swing buy this crypto. Good Luck.
**If you like our chart analysis please do like and comment the idea and follow us, which will encourage us to bring you more**
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.
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
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.
💎 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
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🌴
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.
🔥 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.
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.
🐸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.
PEPE, LillyPad going to hold? Elliott wave Price ActionIf you find this information inspiring/helpful, please consider a boost and follow!
CRYPTOCAP:PEPE following the path I laid out.
Not its at a discission area in my opinion.
If it can hold this level I am thinking it will give another bounce.
IF it breaks below the level I will be watching to see if the level plays again as resistance.
🔥Top-3 Altcoins You Would Never Find: My Portfolio x10🚀🔥 Altcoins can bring you much more profit then Bitcoin if you understand which altcoins to pick and how to do it properly. That's what this video is about. Enjoy!
Of course, this strategy works for altcoins only at Bitcoin bull market. We will discuss how to identify it in the next video ideas. Subscribe!
🎁 Check my trading ideas for the altcoins that are still at the bottom!
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📊Analysis by AhmadArz:
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