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Pepe

PEPE Poised for Major Rally as Whales Ignore Friday’s CorrectionThe Pepe price continues to remain resilient in the face of a recent market correction, exhibiting notable strength. market analysts posit that investors can expect CRYPTOCAP:PEPE to climb by 25%. Despite a significant selling pressure spike observed across the crypto market on May 10, Pepe's ( CRYPTOCAP:PEPE ) price remained unaffected. While Bitcoin ( CRYPTOCAP:BTC ) witnessed a drop of approximately 4%, leading to double-digit declines in many altcoins, the meme coin PEPE remained largely unaffected. Notably, PEPE's price action appears to be more promising than most altcoins, as it is on track to surpass the local top formed on March 14. Although the price movement has been range-bound, CRYPTOCAP:PEPE has recorded an impressive surge of 134% in under a month, indicating potential for further growth. Currently trading at $0.00000854 as of the time of writing with a Relative Strength Index (RSI) of 60.36 which is slightly overbought. In conclusion, if the crypto market outlook remains stable, Pepe's price is expected to outperform the market.
Long
by DEXWireNews
pepe → another rising wedge patternhello guys... as I published before the green area worked great for this coin, you can check it here: this coin made a rising wedge before and broke it down! now is forming another one if the blue area will break down (I mentioned it on the chart) you can get a long position! otherwise, you can count on a bullish trend for this coin! ___________________________ ✓✓✓ 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
by melikatrader94
3
🔥WHAT EXPECT FROM BITCOIN IN SUMMER 2024❓99% ACCURACY❗️🔥 Bitcoin reaches the most boring period on any market. It's a vocation period for US stock market and for crypto market as well (JUNE-AUGUST). But will the market be as calm as many expect? A Bitcoin rally to new all-time highs (ATH) near 150,000 or a -50% dump? What will be with altcoins price and which one have best growth potential? Discover in this video! 🎁 Check my trading ideas for the altcoins that are still at the bottom! like❤️ and follow
by Alex_Dehtiarov
PEPEUSDT.1DEvaluating the daily chart of PEPE/USDT, I can identify several important technical elements and trends that are key to formulating an investment or trading strategy. Key Resistance and Support Levels: Resistance 1 (R1): $0.0000946 - This is a significant level where the price recently peaked, indicating potential selling pressure at this price point. Support 1 (S1): $0.0000580 - This level is acting as the immediate support where the price could potentially find a floor if it retraces. Support 2 (S2): $0.0000387 - A lower support level that could come into play if there is a substantial breakdown below S1. Support 3 (S3): Lower still, it acts as a further fallback should a significant selloff occur. Technical Indicators: Relative Strength Index (RSI): Currently at 56.99, the RSI suggests a slightly bullish momentum but still under the overbought threshold of 70, providing room for potential upward movement without immediate risk of reversal due to overbuying. Moving Average Convergence Divergence (MACD): The MACD line is above the signal line but very close to it, indicating mild bullish momentum. However, the proximity to the signal line suggests that this could easily swing if market sentiments change. Trend Analysis: The chart shows a rising trend line, indicating an ascending support level that the price has been following. This pattern suggests that as long as the price remains above this trend line, the bullish outlook remains valid. However, the proximity of the price to this trend line also means that any break below could signal a change to a bearish trend. Conclusion: Based on the analysis of the PEPE/USDT chart, the market is currently showing signs of consolidation within a bullish trend, as indicated by the rising trend line and the RSI's position. A prudent strategy would involve monitoring the price action around the immediate support level at $0.0000850. If the price holds above this level, it could be an opportunity to buy with a target of R1 at $0.0000946, setting a stop loss slightly below the trend line to mitigate risk. Should the price break below the trend line, it would be wise to reassess the bullish stance, as it could indicate a shift to a bearish trend, potentially targeting lower supports at S2 and S3. As always, monitoring volume and market news will be crucial in confirming these signals and adjusting strategy accordingly.
by MarsSignals
Floki Performed bullish symmetrical triangle in 1D `To trade a bullish symmetrical triangle, observe a consolidation pattern formed by converging trendlines with higher lows and lower highs. Wait for a breakout above the upper trendline accompanied by increased volume, signaling potential upward momentum. Enter a long position after the breakout, aiming for a price target approximately equal to the height of the triangle pattern. Use stop-loss orders to manage risk in case of a false breakout.`
Long
by Crypto-Adda_Official
1
PEPE ANALYSIS (4H)A supply limit has been reached. The PEPE structure is bearish (due to bearish CH and lower H and L on the chart). But it has cleared important resistances. This point makes us look for buy/long positions on important supports. If it reaches the red range, you can look for sell/short setups. The targets are clear on the chart. Closing a daily candle above the invalidation level will violate the analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
2
PEPE - DOWNTREND, another DUMP coming 📢📢 PEPE-USDT📢 PEPE has seen an amazing bull cycle, increasing 800% parabolically over a few week. It's safe to say that just from this fact, a bear market is up next and we can already see the sins of an early bear market starting. Our highly accurate technical indicator is showing that the bullish phase is long over, flashing a "SELL" signal a few candles back: When we start to trade UNDER the green trendline, the price turns bearish and the trendline will now become red. For now, at least, it seems as though altseason may be over. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck BINANCE:PEPEUSDT
Short
by CryptoCheck-
4
PEPEUSDT.1DOn the daily chart for PEPE (PEPE/USDT), we can observe that the price action is confined within a descending channel pattern, highlighting a downtrend with lower highs forming along the resistance line. The current price is near $0.0000745. The chart shows resistance (R1) at approximately $0.0000946. If the price were to break above this level, it could signal a potential shift in market sentiment, possibly leading to a trend reversal. Support (S1) is set around $0.0000387, suggesting a critical level where the price has previously found buyers. The RSI is near neutral at 56.23, indicating that the market isn't in an overbought or oversold condition. The ADL (Advance Decline Line) indicator shows a slight incline, which could be interpreted as accumulation despite the price decline, but this requires further confirmation. Traders may consider looking for buy signals if the price approaches S1 and shows signs of a bounce, potentially targeting R1 as an initial take-profit level. Conversely, a break below S1 could suggest further declines and might be taken as a bearish signal. As always, confirmatory indicators and volume should be taken into account to validate any potential trading signals.
Long
by MarsSignals
Short Term Price Action SentimentHey again! Earlier I posted about #APEWIFHAT on whether I believed it will rise or not. Im also posting these so that others can discover this hidden GEM before it takes off in the bull run. For reference, the trend line and support line are both from the 4HR Timeframe. The blue resistance level is from the 1HR Timeframe. I added direction bias for both sides of the action for this post. In the short term, I believe we will have retracement to the support zone and maybe a little bit of consolidation there. It could completely skip retracing to support, but I doubt it. So if it does, I will just BUY more. On the flip side it could ignore the support level like I said and then rise above the 1HR resistance level, have a slight pullback to make that same level support, then go on to test the 4HR Trend resistance. My Long Term Bias is SUPER BULLISH Whether it goes up or down, I will still be in it. Community is STRONG so I'm Holding. What's your thoughts on #apewifhat meme coin? apewifhat.net #memecoin #solano
Short
by itsmoty
1
Trending Up or Correcting Down?"PEPE is in an interesting position on the 1-hour chart. It's in a slow uptrend and has recently pushed past a key resistance level that had been keeping the price down. This move up is backed by high trading volume, which signals strong interest from traders. The technical indicators, when taken together, show a market that’s cautiously optimistic. The Bollinger Bands suggest some volatility with room for the price to move within the current range, and PEPE is managing to stay above a key moving average, a typical sign of bullish behavior. The MACD indicates a neutral momentum, meaning there's no strong push in either direction right now, so the price could swing either way. However, the Stochastic Oscillator hints at the possibility that the recent price rise might cool off a bit, as it's not signaling a clear continuation of the uptrend. Similarly, the RSI is neutral but leaning toward bullish, suggesting the uptrend could go on but maybe not with much force. Putting all this together, PEPE looks like it's trying to establish a new, higher price range. Traders might be expecting the coin to stabilize above the level it’s just passed, but the mixed signals from the indicators suggest it’s a delicate balance. A further price increase could happen if the market gets more bullish news or sentiment to drive it, but there's also a chance of a slight pullback to test the new support level before any significant move up. Enjoyed the analysis? Don’t forget to hit like, drop a comment with your thoughts, and share it with your friends.
by MonoCoinSignal
10
PEPE: Wait-and-seeThere’s a clear pattern of the price touching these points and reacting to them. Recently, the price dipped below what we thought was a solid floor, or support level, but then it made a comeback, rising above it again. The extra tools we use to predict where the price might go next are giving mixed signals: The MACD, which helps us see the momentum, is almost flat, meaning there's no strong push in either direction right now. The volume, which shows how much PEPE is being traded, is pretty steady – nothing unusual there. The price is currently below the simple moving average (SMA), hinting that the trend might be more down than up. The Bollinger Bands, which help us understand if the price is moving a lot or a little, are not squeezing or expanding too much. That means we’re not expecting any sudden jumps or drops. The Stochastic and RSI are like thermometers for buying and selling pressure. Right now, they’re in the middle, not showing any extreme heat (buying) or cold (selling). So, what’s the bottom line? The market isn’t showing a clear direction for PEPE at this moment. It’s more in a wait-and-see phase. It could swing either way, and we’ll need more clues from the market to see a solid trend.
by MonoCoinSignal
1