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Pepecoin

What awaits Pepe (PEPE)?The PEPE price experienced a huge bearish heat after remaining elevated for quite a long time in the past few days. Currently, the token is struggling to hold above the ascending resistance after gaining levels above the range. In the coming days, market participants may expect a decent drain in prices as the bulls remain passive at the moment. Soon after rebounding from the interim lows, the bulls consumed more time than required before triggering a rebound and entering within the range. However, the MACD displays a drop in the selling volume and hence, a drop in the pressure may drag the levels slightly down. The market participants appear to have taken the profit from PEPE but the upcoming ETH ETF is believed to revive a strong ascending trend in a short while from now. This may raise the levels within the ascending triangle and after hitting the edge, it may rise towards new highs.
Long
by paul_endeo
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.
Long
by ahmadarz
4
PEPEUSDT ( UNDER BEARISH PRESSURE ) ( 4H )PEPEUSDT HELLO TRADERS TENDENCY : the price stabilizing below turning level , indicates is under bearish pressure TURNING LEVEL : around 0.000009 , know worked a resistance level , because the price stabilizing below this level refers active short condition, but if breaking a turning level worked change to a support level , refers active a long condition PRICE MOVEMENT : the price in previously attempt to breaking a channel but failed , again it will trying to reach a support level for breaking a channel but failed , after rising trying to breaking a turning level but stabilizing below this , know the price again trying to reach a support level , if the trade below this level can be breaking a channel , but if the breaking a turning level reach a resistance level SHORT CONDITION : as long as the price trading below turning level around 0.00009 , reach a support level at 0.000007 , breaking this level a stabilizing below this reach a next support level at 0.000006 after may be breaking channel LONG CONDITION :if the price breaking turning level by open 4h or 1h candle above 0.000009 , reach a resistance level at 0.000011 , the breaking this level reach a 0.000012 TARGET LEVEL : RESISTANCE LEVEL : 0.000011 , 0.000012 SUPPORT LEVEL : 0.000007 , 0.000006
Short
by ArinaKarayi
Is PEPE Set for a Major Rally?Yello Paradisers! Have you been watching #PEPE's explosive move after breaking out of its downward trend? If not, you're missing out on a potential game-changer. Here's what you need to know to stay ahead of the market. 💎#PEPE has been making significant strides after overcoming the descending trendline resistance, signaling a potential major rally. On the lower time frame, PEPE is forming a bullish flag pattern, a classic continuation pattern that often precedes further upward momentum. 💎The current setup suggests a high probability of continued upward momentum if PEPE breaks above the minor resistance at 0.00001260. Traders should watch for volume confirmation to gauge the strength of the breakout. The breakout momentum is anticipated to continue upward trend into the strong resistance zone of 0.00001370-0.00001410. This is a pivotal level and could partially withdraw some profit-takings. 💎Primary Support at 0.00001085 to 0.0000106 levels. This zone is fortified by both horizontal and trendline supports. A dip into this area could attract sidelined bulls, offering a robust foundation for the next leg up. Paradisers! Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Jack
4
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
Long
by melikatrader94
16
Pepitos- Well i never talked about PEPE but i bought on uniswap, before it was listed on Binance. - Not much peoples knew about PEPE the Frog. - i sold it when Binance announced the listing... and it dipped when Binance opened trading. - Pepe is a Meme. - Pepe have no tech. - Pepe is pure gambling. - Pepe is Dangerous. - Pepe is still young. - But Pepe is fun :D - For all that reasons i didn't talk about it. i didn't want my followers to rekt on it. --------------------------------------------------------------------------------------------------------- - So now that Pepe starting to be older a bit, if u want to gamble on a new meme : --------------------------------------------------------------------------------------------------------- - Nothing to buy Now - Buy retracement : 150 ish ( took out the boring 00000 ) - Full buy at bottom : 60 ish - SELL : 1100 - SERIOUS SELL : 1500 - 1800 --------------------------------------------------------------------------------------------------------- Stay S4fe ! Happy Tr4Ding !
Long
by thecryer
34
Pepe (PEPE) gains stability. What's next?A Whale alert reported recently a massive transfer of 9 trillion PEPE tokens that were valued at $82 million approximately from an unknown wallet to the crypto exchange Bybit on July 10, 2024 in a substantial growth for the meme coin market. This transfer comes amid a price increase for PEPE that happened 2 days ago. This whale activity has flared assumptions about a potential selloff but some analysts suggest that it could be an internal movement by Bybit. The transfer comes as the PEPE price stabilizes around $0.00000920. Looking at its technicals PEPE has recently found support after a general crypto market selloff. The meme coin had been in a bearish mode since reaching an all-time high of $0.00001725 on May 27th. It then experienced a 55% pullback after the high finding a horizontal support level at $0.00000763 on July 5th. The daily Relative Strength Index currently sits at 40 indicating growing bullish momentum as buyers attempt to push prices higher. The 200-day Exponential Moving Average at $0.00000776 provides additional support and therefore create a confluence for a strong recovery potential. A vital key level to watch is the $0.00000991 high market few days ago. If PEPE price can break and close above the level then it could signal a trend reversal and the start of a recovery phase.
by paul_endeo
Phemex Analysis #5: 1000PEPE_ Resistance, Support & Trade Ideas.Since October, PHEMEX:1000PEPEUSDT.P has been a standout performer in the bull market, showcasing an impressive gain of 2,300% (from $0.000747 on October 23rd, 2023, to $0.0172 on May 27th, 2024). However, recent market signals indicate a potential deceleration. The formation of a lower high on June 26th and a significant decline in the Relative Strength Index (RSI) suggest weakening price strength, culminating in a notable drop to $0.0076 last week. This development necessitates a comprehensive reassessment of the technical landscape, with a specific focus on critical support and resistance levels that are pivotal for informed trading decisions. Resistance Levels: Understanding resistance levels is essential for anticipating zones where selling pressure may intensify, potentially halting or reversing the current uptrend. Here are the identified resistance levels for PHEMEX:1000PEPEUSDT.P : $0.0117 (Weak resistance): This level represents a modest obstacle where price might temporarily pause before potentially resuming its upward trajectory. $0.0127 (Medium resistance): A more significant barrier that could trigger a temporary consolidation or pullback in price. $0.0139 (Strong resistance): This level presents substantial resistance and may require robust buying activity to surpass. $0.0158 (Strongest resistance): The highest resistance identified, indicating a formidable barrier where sustained buying pressure is needed for further upward movement. Monitoring these levels is critical for detecting potential signs of exhaustion or reversal, particularly if repeated attempts to breach these levels prove unsuccessful. Support Levels: Conversely, support levels denote areas where buying interest is expected to emerge, potentially leading to price stabilization or a rebound. Here are the identified support levels for PHEMEX:1000PEPEUSDT.P : $0.0076 (Weak support): A minor support level capable of temporarily arresting downward movements. $0.0059 (Medium support): A more substantial support level where significant buying activity could help stabilize the price. $0.0046 (Strong support): Represents a critical level historically associated with strong buying interest, often triggering significant price rebounds. $0.0039 (Strongest support): The most robust support level identified, indicating a solid foundation where price has consistently found buyers in the past. These support levels are pivotal for identifying potential entry points for long positions, especially when price approaches these levels and shows signs of stability or reversal. Trading Ideas: Armed with a clear understanding of these key support and resistance levels, traders can implement effective strategies tailored to current market conditions: Long Position Strategy: Consider initiating long positions when the price consolidates near a strong support level, indicating potential for a rebound and continuation of the uptrend. Short Position Strategy: Look for opportunities to initiate short positions as price approaches strong resistance levels and displays signs of exhaustion or reversal, such as the formation of a third top combined with RSI divergence. Advanced Strategy - Neutral Grid Bots: For traders with advanced technical skills, deploying neutral grid bots can provide a strategic advantage. These bots are designed to capitalize on price fluctuations within a specified range, enabling traders to benefit from both upward and downward movements without committing to a single directional bias. By integrating these strategies into their trading approach, intermediate traders can effectively navigate market volatility and capitalize on opportunities presented by key support and resistance levels. Note: Do check out Phemex website for our Neutral Grid Bots that is specially crafted for Sophisticated, Advanced Traders, like you. Disclaimer: This article is intended for educational purposes only and does not constitute financial or investment advice. Readers are encouraged to conduct their own research (DYOR) and consider their financial situation and risk tolerance before making any investment decisions. Phemex does not assume responsibility, directly or indirectly, for any potential damage or loss incurred or claimed to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in this article.
by Phemex
PEPE: Breakout and Retest!Hello everyone, I’m Cryptorphic. For the past seven years, I’ve been sharing insightful charts and analysis. Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~ Charts supported by critical fundamentals. Now, let’s dive into this chart analysis: PEPEUSDT has broken out from a descending triangle pattern, suggesting a reversal from the previous bearish trend. The breakout is supported by a retest, and if PEPE maintains the retest level, a bullish rally is likely soon. Key Observations: ~ Entry Range: $0.00001024 to $0.00001102. ~ Lower Support: $0.00000899. ~ Deviation Range: $0.00000899 to $0.00000991. ~ Moving Averages: The 50EMA stands as resistance for PEPE at $0.00001191. If the market continues to drop, PEPE is likely to hit the deviation level, followed by a rebound. DYOR. NFA. Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see! Thank you! #PEACE
by Cryptorphic
5
PEPE Gearing Up For New All-Time High Pepe has been one of the best-performing crypto tokens in this cycle so far. After breaking out of an inverse head and shoulders pattern at the beginning of May, Pepe reached a top of 0.0000179. At the time, buyers lost some steam, and the token entered into a consolidation. Here are two reasons why Pepe could have reached the local bottom and aims for a new ATH soon. 1️⃣ Technical Indicators: Pepe has flashed a bullish MACD crossover on the daily chart. This signal is reliable, especially in higher timeframes. Backtests show that in 70% of all occurrences, the price rose by more than 10% right after. 2️⃣ Chart Setup: Pepe is forming a nice U-formation on the daily chart with its bottom at 0.00001. If PEPE follows this pattern and gets fueled by bullish indicators, a re-visit of the previous ATH is likely. Based on the current level, this results in a profit potential of 35% - 40%. -- Check my bio for more free trade strategies.
Long
by ben_walther
PEPE at strong SR, but chances for another dip are still highBINANCE:PEPEUSDT follows market vibes. Recent dips reached nice SR level at 1100-1140, but I can't be sure that it was the last dip. In order to confirm end of correction PEPE got to close 4H above 1300. Before that none of moves have bullish value. If there will be more dips, then zone of interest starts under ~1080 and since there is a wide FVG price can easily dip down to 950-1000. These are short term targets that can be reached within this week. I'm pretty sure PEPE will revisit 1340-1400 zone at some point, but I won't try to guess, if it will happen after the dip, or instead of it.
by WiseAnalyze