Pepecoin
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 $0.00004128.
- The price might face some resistance along the way, particularly around the mid-line of the channel, but overall, the momentum seems bullish.
- Market Sentiment: The increase in price and the strong reaction at support levels indicate a positive market sentiment. Traders seem optimistic about the future price movement of PEPE.
Key Points to Watch:
- Trendline Support: Ensure the price remains above the internal trendline for the bullish trend to continue.
- Mid-channel Resistance: Monitor price action as it approaches the mid-line of the predicted ascending channel for potential resistance.
- Volume: Increasing trading volume would further confirm the bullish trend and provide additional confidence in reaching the target price.
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PEPE COIN PRICE ANALYSIS AND NEXT POSSIBLE MOVES !!CRYPTOCAP:PEPE Coin Update !!
• in Last 3 days we see 45% move in PEPE Coin Price !!
• Now incase its price reach 0.00001331-1350$ OR 0.00001386$ then i will look for instant future short trade setup with Tight Stoploss🫡
• Short term spot traders that buy it in a dip few days ago should take profit upto 70% & move SL AT Entry Point.
PEPEUSDT Good Buy!PEPEUSDT technical analysis update
PEPE has formed a triangle pattern on the 4-hour chart, and the price has now broken the triangle resistance in the 4-hour timeframe. Additionally, the price has broken above the 100 EMA, indicating a potential bullish move in PEPE in the coming days.
Regards
Hexa
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.
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- So now that Pepe starting to be older a bit, if u want to gamble on a new meme :
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- 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
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Stay S4fe !
Happy Tr4Ding !
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.
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.
PEPE: Breakout and Retest!Hello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.
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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.
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#PEACE
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%.
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Check my bio for more free trade strategies.
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.
#PEPE/USDT#PEPE
We have a descending channel pattern on the 4-hour frame, the price is moving inside it and adhering to its borders well
We have a support area in green at a price of 0.0000950 after the price touched it and rebounded from it
We have a trend to stabilize above the moving average 100
We have a downtrend on the RSI indicator that supports the price upwards
Entry price 0.00001115
First target 0.00001300
Second target 0.00001435
Third target 0.00001595
PEPE PEPE almost reach order block (1), But not mitigating and moving downside. Currently holding order block (2). If order block (2) was fail, PEPE moving downside.
PEPE was bearish. So moving downside is high possible. Or if PEPE moving upside, PEPE mitigating orderblock (3) to moving downside is high possible.
PEPE PEPE sweep the Inducement (💎) to moving downside and again moving upside, sweep the swing high (💀) to moving downside.
Mitigating orderblock (a) to moving upside and currently holding order block (b).
PEPE break order block (b) to moving upside. But next orderblock (1) is sell side order block. So mitigate this orderblock to moving downside is high possible.
PEPE Trade targets Only for current Holders!!!We have highlighted #Pepe a few times since it burst on the seen.
It has really been a good trading vehicle, good volume and perps.
It's already up 2.5X from the big pattern inverse right shoulder.
It's already smashed the neckline
So charging in now is not recommended.
(if you are lucky and see it retest the neckline by all means)
Having said that if you have been trading it, and building up your investment stack this past year in the Frog coin.
You will be glad to see this log target above the old high!
congrats
PEPE SPICY CHARTPEPE Followed my previous setup, but I am not satisfied yet. I was waiting the price to hit the support area at 0...105 and still think we will see the price there probably in the next few hours/days. This can be a good level to enter longs, and I expect a pullback at this level targeting new local highs.
PEPE SetupPEPE looks interesting for bids before FOMC. Perhaps we get a scam FOMC wick and then some recovery. PEPE lead the market out of its latest correction and we would expect it to continue to be an out-performer if the market sticks this move.
Our premium indicator is also printing a dark blue long candle on the daily (the candle hasn't closed yet), and the H4 trend is looking in good shape here.
The monthly chart presents a highly favorable outlookThe analysis of the current chart suggests a high probability of PEPE experiencing significant growth from its current range. The technical indicators and historical performance imply that PEPE has the potential to deliver at least a 100% increase. The monthly chart presents a highly favorable outlook, further reinforcing the likelihood of substantial upward movement.
PEPE: Pullback in UptrendTrade setup : Price is in an Uptrend. Following a bullish breakout from Channel Up, price reached resistance at $0.000017, where it got rejected. Now we look for the right entry opportunity in Uptrend. Pull back near $0.000013 support could be a swing trade entry opportunity in Uptrend with +30% upside potential back to $0.000017. Stop Loss at $0.0000110. If price breaks above it's ATH of $0.0000173, the next possible resistance levels (price targets) based on Fibonacci Extensions are: $0.0000184 (61.80%), $0.0000200 (78.60%), $0.0000215 (100%) and $0.0000266 (161.80%).
Pattern : Pullback in Uptrend. Price remains in an Uptrend but has pulled back, which could present a 'buying dip' opportunity. Traders should look for the nearest support level where price could stabilize and resume its Uptrend. This support level could be a level where price bounced off of in the past, or a level that was previously resistance. (concept known as polarity).Learn to trade key levels in Lesson 3.
Trend : Short-term trend is Up, Medium-term trend is Strong Up and Long-term trend is Strong Up.
Momentum : Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $0.000012, then $0.0000092. Nearest Resistance Zone is $0.000015, then $0.0000164.