Pepecoin
PEPE price prediction: is a 40% October rally on the horizon?Pepe (PEPE) bulls have really showed up since the second week of September. The memecoin is now on track to conclude the month in the green. But can it sustain the current momentum and what can we expect in October?
PEPE has been on an overall downtrend since May. The bearish momentum bottomed out within the $0.00000897 price range on multiple occasions. As a consequence, price has been leveling out at that range, followed by some bullish momentum.
Fibonacci retracement puts PEPE’s next major price target between $0.00001153 and $0.00001287. This is based on its current 5-month lows and 5-month highs.
This means PEPE could rally for another 26% on the lower price target and over 40% on the higher target.
PEPE addresses by time held may support the short-term prediction. The number of addresses holding PEPE for over 1 year has been rising since April. This confirms that most buyers (almost 85,000 addresses) who purchased the memecoin over a year ago are still holding.
As far as PEPE’s long-term price prediction is concerned, the memecoin could retest its previous ATH of $0.000017 sometime in the coming months, likely in 2025.
However, the likelihood of this happening depends on whether the bulls will make a strong comeback and deliver a major rally as per expectations. The latest recovery is in line with the shift in market sentiment in favor of the bulls this month.
WIF WIF / USDT
Price it trying to breakout after 6 months of trading inside descending triangle..
The main target of this move is the hight of Triangle …
Note:
The meme coins usually move together
They are providing higher risk than other Altcoins but with higher rewards too thanks to their volatility
#DYOR
PEPE/USDT technical analysis and trading plan by Blaž FabjanPEPE/USDT trading pair, here's a breakdown of the technical analysis and trading plan by Blaž Fabjan:
Symmetrical Triangle Formation:
There is a symmetrical triangle pattern highlighted. This is typically a continuation pattern that signals a breakout, either upward or downward, depending on which side breaks first.
Currently, the price is consolidating near the end of the triangle. A breakout is expected soon.
Support and Resistance Levels:
Immediate support: $0.000000807 (marked by a blue horizontal line). This is a key level to watch; if it breaks below, the price may retest lower support zones.
Next support: $0.000000766.
Key resistance: $0.000000886. This level represents a potential target for an upward breakout from the symmetrical triangle.
Higher resistance: $0.000000986, should the price breach the first resistance level.
Volume:
The volume bars are relatively lower in recent periods, but the volume could increase when a breakout occurs. Pay attention to a spike in volume confirming a breakout direction.
VMC Cipher-B Indicator:
The VMC Cipher indicator shows a bit of sideways movement in the momentum, with no strong divergences visible. Keep an eye on this to spot potential bullish or bearish divergence.
RSI (Relative Strength Index):
RSI is around 51.88, which indicates a neutral market. There’s no overbought or oversold signal, but the RSI may rise if there’s an upward breakout from the symmetrical triangle.
Stochastic RSI:
The Stochastic RSI is at 46.67, which is close to neutral but leaning slightly toward a potential upward crossover. This could indicate buying pressure may soon increase.
Potential Trading Plan:
Bullish Scenario (Breakout Upwards):
Entry point: If the price breaks above the symmetrical triangle resistance line and holds above $0.000000886 with increased volume.
Target: First target can be around $0.000000986. If strong momentum continues, higher targets may be set at key psychological resistance levels.
Stop-loss: Place a stop-loss just below the triangle support level, ideally around $0.000000807.
Bearish Scenario (Breakout Downwards):
Entry point: If the price breaks below the symmetrical triangle and the $0.000000807 support level with high volume.
Target: First target would be $0.000000766 and further down to $0.000000666 if the bearish momentum persists.
Stop-loss: Place a stop-loss above the resistance level of the symmetrical triangle, around $0.000000850.
Neutral/Consolidation Scenario:
If the price continues to move sideways and no clear breakout occurs, it’s best to wait and observe how the market reacts at these key levels.
Summary:
Watch for a breakout from the symmetrical triangle. A move above $0.000000886 with strong volume will likely result in a bullish continuation, while a breakdown below $0.000000807 signals bearish action. Keep an eye on the RSI and volume indicators to confirm momentum.
PEPE / USDT TECHNICAL ANAYLSIS ON 4H TIMEFRAME BINANCE CHARTRising Wedge Formation:
The chart shows a rising wedge pattern, which is typically considered a bearish pattern. This pattern suggests that while the price is moving upwards, the movement is becoming more constrained and might lead to a breakout to the downside once the wedge reaches a critical point.
Support and Resistance Levels:
Support Levels: Around 0.000000583 USDT, which aligns with the lower trend line of the wedge. This level could act as a potential bounce zone.
Resistance Levels: The price is facing potential resistance at 0.000000886 USDT and further upwards near 0.000000986 USDT.
Volume Analysis:
The volume appears to be declining as the price moves within the wedge. Lower volume during a rising wedge can be a warning of an impending reversal or consolidation phase.
Indicators (RSI, Stochastic, VMC):
RSI (Relative Strength Index): Sitting near 42.72, indicating that the price is not in overbought or oversold conditions but is leaning towards a bearish bias.
Stochastic RSI: Shows a reversal from the oversold territory, indicating a potential short-term bounce or consolidation.
VMC (Market Cipher-like indicator): Shows multiple divergences, suggesting some conflicting signals but likely a continuation of the downward pressure in the short term.
Prognosis for PEPE/USDT:
Short Term: The price may test the lower bound of the wedge (around 0.000000583 USDT), as the wedge structure and other indicators suggest potential downward pressure. A short-term bounce from this support is possible given the Stochastic RSI showing oversold conditions.
Medium Term: If the price breaks the lower trend line of the wedge, it may fall towards 0.000000583 USDT or lower, confirming the bearish wedge pattern. If the price holds above this, it could consolidate and make another attempt to push upwards to 0.000000886 USDT or even higher towards 0.000000986 USDT.
Bullish Scenario: If buying pressure increases and the price breaks above the upper resistance (around 0.000000886 USDT), the next target would be 0.000000986 USDT, which could trigger a more significant uptrend, invalidating the wedge pattern.
Bearish Scenario: A confirmed breakdown from the wedge could lead the price toward the 0.000000583 USDT level, with a possible deeper correction if this level doesn't hold.
Pepe to hit new ATH this cycle with 350% gainThe chart displays a strong technical setup for PEPE (PEPE/USDT), featuring a Symmetrical Triangle formation alongside a repeating fractal pattern with hidden divergences in the RSI. Below is a detailed breakdown of the key elements and potential price targets:
1. Fractal Pattern & Hidden Divergence
• A fractal pattern earlier in the chart preceded a sharp price increase, reflecting the asset’s parabolic movement during prior bullish cycles.
• The hidden divergence seen in the RSI during that time indicated bullish momentum, with price making higher lows while the RSI formed lower lows. This was a strong precursor to the price rally, reinforcing the validity of the current fractal setup.
2. Symmetrical Triangle Formation
• The chart shows a symmetrical triangle, a classic consolidation pattern that usually results in a breakout.
• The price is currently coiling within the triangle, tightening toward the apex, signaling a potential breakout. If the breakout occurs, a substantial price movement could follow, likely to the upside due to the bullish divergences.
3. Hidden Divergence (Again)
• The RSI reveals another hidden bullish divergence, where price maintains its lows while momentum picks up. This suggests a strengthening trend that could push the price higher once the triangle resolves.
4. Fibonacci Extensions & Price Targets
• Key Fibonacci levels provide potential price targets for a breakout:
• 1.272 Fib at 220%: This is the immediate breakout target, around $0.000002485587, offering a solid potential upside.
• 1.618 Fib at 350%: This level, near $0.0000035396068, aligns with the prior fractal price peak.
• All-Time High (ATH): The ultimate bullish target is around $0.0000018024355, which could be tested in the event of a sustained breakout.
5. Price Projections
• Short-Term Outlook: PEPE is currently consolidating within the triangle. If it breaks to the upside, the immediate target would be around $0.0000018024355, which represents a 133% gain from the current price and aligns with the previous all-time high (ATH).
• Medium-Term Outlook: After reaching the ATH, the next significant target would be the 1.272 Fib extension at $0.000002485587 (220% gain). This level is crucial as it often acts as a point of resistance during breakouts and can determine the sustainability of further upward momentum.
• Long-Term Outlook: In the case of a major breakout, we could see PEPE pushing towards the 1.618 Fib extension at $0.0000035396068 (350% gain). This would mark a significant new all-time high and represents the full potential of this technical setup, especially if market conditions remain favorable for continued bullish action.
Conclusion
The combination of the Symmetrical Triangle pattern, hidden RSI divergence, and repeating fractals creates a high-probability bullish scenario for PEPE. The breakout targets include $0.0000018024355 (previous ATH), $0.000002485587 (220% extension), and $0.0000035396068 (350% extension). Watching for volume confirmation and market sentiment will be crucial to validating the breakout.
PEPE whales could push coin for a positive retestPEPE whales are saving the meme coin’s price, which has been struggling to recover its losses following a significant crash at the end of July. Despite several attempts to regain momentum, PEPE remains close to testing a critical support floor.
As of now, these large wallet holders seem to be the key force preventing further decline. Without their intervention, the altcoin could potentially lose its support level, leading to a deeper price drop.
In recent weeks, the overall market sentiment surrounding the PEPE price has turnedincreasingly bearish. Long-term holders, who traditionally play a vital role in supporting cryptocurrency prices, have shown signs of decreasing confidence.
However, despite the bearish outlook from long-term holders, whale activity has played a crucial role in keeping the PEPE price afloat. Earlier this week, top addresses—excluding exchange wallets—collectively added more than 6 trillion PEPE, valued at a little over $42 million.
This has reflected on the chart. PEPE price is presently trading just above its critical support floor of $0.00000702. This line has acted as strong support multiple times over the past few months.
Thus, there is a reasonable expectation that PEPE will hold above this level for now. Should the price break below this line, it could spell trouble for the altcoin’s short-term prospects.
Currently priced at $0.00000710, PEPE is likely to continue its sideways movement in the near term. If the current level of buying persists, the coin could make a move toward its next resistance at $0.00000912.
However, if selling pressure intensifies, this outlook could quickly shift. In that scenario, PEPE could see a decline to its support level at $0.00000633, invalidating any potential bullish-neutral thesis.
Pepe (PEPE): price surge ahead?With a bearish face for the meme coins, the PEPE price action reveals a falling channel pattern in the daily chart. Currently, the meme coin finds support at $0.000007042 with the high possibility of an inverted affair head and shoulder pattern.
Another bearish signal is the declining 50-day EMA readied for a death cross with the 200-day EMA. However, the bullish divergence at the support level is massive and projects a potential turnaround.
Furthermore, with the crypto market’s upcoming recovery phase, the meme coins’ bull cycle is known to give massive returns. Amid such a known performance of PEPE with a YTD year growth of $0.000007042, the meme coin has a massive upside.
With this intense but healthy correction, the PEPE ranks in our best crypto-to-buy right now list.
The next bottom support stands at $0.0000048 for the price targets, with the overhead targets at $0.0000010 and $0.0000012. In case of a bullish reversal rally with the broader market recovery, the meme coin could make a new 52-week high at $0.0000018.
PEPECOIN to likely sell furtherPEPECOIN to likely sell further
PEPECOIN broke through 800 zone and closed with the formation of a bearish pinbar.
We have the ascending support trendline that may likely act as support. However, we should watch out for 867 zone before the possible hit of the trendline.
Risk management is king
Pepe (PEPE) braces for 28% dropPepe (PEPE) has been trading within a falling wedge pattern since May 27. Currently priced at $0.0000077, its value has dropped by 52% during this period.
PEPE’s price could decline further, as it appears poised to break below the lower line of its falling wedge, which would signal a continuation of the downtrend.
A falling wedge pattern occurs when an asset’s price moves between two downward-sloping trend lines. The upper trend line serves as resistance, while the lower trend line acts as support.
Typically, despite the downtrend within the wedge, this pattern is considered bullish because the price often breaks out above the upper trend line upon completion, leading to an upward movement.
However, PEPE may be an exception. Since August 25, the meme coin’s price has been on a downtrend, dropping by 15% and pushing it closer to the lower line of the falling wedge.
\When an asset’s price breaks below the lower trendline of a falling wedge, it invalidates the bullish projection typically associated with this pattern and suggests that the downtrend may continue.
PEPE’s technical setup supports this possibility. The altcoin has fallen below key moving averages, trading beneath both its 20-day exponential moving average (EMA) and its 50-day simple moving average (SMA).
If PEPE bulls fail to defend the lower line of the falling wedge, the meme coin’s price could decline to its August 5 low of $0.0000059, representing a 28% drop from its current value.
However, if the current trend reverses and PEPE resumes its uptrend, its price could rise to $0.0000086.
What is this cunning frog PEPE up to?The development of our previous idea for OKX:PEPEUSDT is simply fascinating:
first a -50% drop, and then a x4 price increase 👇
Let's try to predict something now:
1️⃣ over the previous cycle, #PEPE price gained +2800% compared to other altcoins - this is a lot
2️⃣ for more than three months, the price has been squeezed in consolidation - someone is unloading their positions, but of course someone is buying #PEPE
3️⃣ on the info field, the excitement about memecoins on CRYPTOCAP:SOL has greatly decreased
4️⃣ a lot of retail buyers have bought #PEPE on the highs in anticipation of the next x10, but will they...
5️⃣ memecoins on CRYPTOCAP:TRX are starting to break into the info space (but we are not agitating to buy them, at least not now)
Conclusions:
ℹ️ when and if OKX:PEPEUSDT reaches $0.00001 (+30% of the current price), think about whether to keep the position in full or maybe it's time to fix it.
ℹ️ below $0.000006 CRYPTOCAP:PEPE may be waiting for a total collapse
PEPE : FULL BEAR Mode (⊙_⊙;)PEPE is in the middle of a solid bearish market (According to Wycoff Method Chart Analysis).
With the RSI in the daily under 50, the price continues to be bearish. It is likely that PEPE will retest the next major demand zone, where a potential bounce could be found as buying pressure can be expected on this demand zone.
From a technical indicator perspective, we see a clear flash to "SELL" in the weekly timeframe as the price loses the trendline and the trendline now turns RED.
The price can only be considered bullish once the price starts closing candles ABOVE the trendline, at which point the trendline will turn green again.
____________________________
BINANCE:PEPEUSDT
CAN PEPE GET TO $0.01545? I AM BULLISH MIDTERMCan Pepe (PEPE) Reach $0.01545 from Its Current Price of $0.01217? A Midterm Bullish Analysis
Current Price: $0.01217
Target Price: $0.01545
Midterm Perspective: Bullish
As of the current price of $0.01217, Pepe is in a consolidation phase after experiencing significant volatility. The broader cryptocurrency market has shown signs of recovery after a bearish period, with several altcoins gaining traction.
The market sentiment appears cautiously optimistic, especially for meme coins like PEPE, which have strong community support.
PEPE IS IN A GOOD BUY ZONE, I WILL WAIT A LITTLE TO LONGPEPE has rallied up over 45% from the recent crash low. Sitting around FIB38.2, this asset may pull back a little toward the ascending TL before the northward rally continues.
I believe this PEPE will reward us some good money to investors & traders who can wait for this analysis to become reality.
I am bullish
Is PEPE on the Brink? A Sharp Fall Amid Bitcoin Weakness!Yello Paradisers! Are you prepared for the latest insights into #PEPEUSDT’s sudden price movements? 🚨 Let's dive in!
💎#PEPE was already in a descending channel, indicating weakness. This weakening has resulted in a price breakdown below the descending support level of 0.00000705.
💎However, PEPE is currently seeing firm support levels ranging from 0.00000640 to 0.00000595. These levels are now causing some lower time frame reactions. Yet, due to the selling pressure, bulls must endure much more before any recovery can be realized. Meanwhile, in any extended movements, PEPE may detect the lower support level of 0.00000485. The slingshot effect will be harder the more sellers stretch the price.
💎On the upside, the recovery might first aim for the descending support at 0.00000705, which is now a resistance level. Successfully regaining this level can result in panic short-coverings, which can quickly provide a significant surge. This spike might cause the price to aim all the way to 0.00000770, then 0.00000880.
Paradisers, strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴
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 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.