PEPEUSDT: Ready to Rocket! As the meme coin craze takes over, PEPEUSDT is making waves! It has recently broken its trendline and bounced off a strong support level, setting the stage for a powerful upward movement. With the momentum building, now is the time to watch for a significant price jump. Don’t forget to manage your risk while riding this thrilling wave!
PEPEUSDT Currently trading at $0.0108
Buy level: Above $0.0098
Stop loss: Below $0.0077
TP1: $0.012
TP2: $0.015
TP3: $0.02
TP4: $0.03
Max Leverage 3x
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Pepesignals
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 (PEPE) reaches peak overvaluation: analysisOn-chain data shows meme coin Pepe (PEPE) is at its most overvalued since the start of the year. This follows a whale withdrawing 4 trillion tokens worth $28.40 million from Bybit.
PEPE’s Network Value to Transaction (NVT) ratio has soared to its highest level since the beginning of the year. This metric, which compares PEPE’s market capitalization to the value of its tokens transacted daily, currently sits at 202, having risen by 494% over the past 24 hours.
Additionally, the negative divergence between PEPE’s price and trading volume in the past 24 hours reinforces this outlook. PEPE is trading at $0.0000071, down 4%, while its trading volume surged by 70%.
The declining Chaikin Money Flow (CMF) for PEPE further confirms reduced buying pressure. At present, the CMF, which tracks the flow of capital into and out of the market, is below zero and trending downward, signaling market weakness and increased liquidity exit.
If PEPE holders continue to remove capital from its market, the token’s value will drop to $0.0000059.
However, if market sentiment improves and demand rises, the meme coin could erase a zero and trade at $0.000010.
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
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.
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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 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.
Here's what's next for Pepe (PEPE) – brief price analysis
The Pepe price has maintained significant strength since the start of the year and despite a rise in bearish activity, the token seems to have found a strong base. Hence, the bulls may remain slightly passive for a while, followed by a strong ascending trend.
The recent bearish action has caused the price to drop below the ascending trend line and is failing to reclaim the levels within the ascending triangle. Moreover, the MACD is turning bearish as the levels are about to undergo a bearish crossover, which may trigger a fresh bearish trend. Therefore, if the bulls fail to reclaim the levels above the trend line, then the bears may drag the levels back to $0.00001. Otherwise, a successful rise may place the PEPE price at its apex, which may further initiate a fresh ascending trend.
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.
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.
$PEPE trollololing from 0.00000920 to 0.0000260-270 price 185%upAfter hitting a low post-correction we are very much still in a bull market with BINANCE:PEPEUSDT after the correction from 0.00001600 happened. Majority selling volume sitting at 0.00002642.
Invest smart, invest hard.
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Roaring Puppy 🐶 out.
BINANCE:PEPEUSDT
PEPE COIN PRICE ANALYSIS AND NEXT POSSIBLE MOVES !!CRYPTOCAP:PEPE Coin Update !!
• in Last 3 days we see 45% move in PEPE Coin Price !!
• Now incase its price reach 0.00001331-1350$ 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.
What will PEPE doPEPE can go 2 ways, Is it going to follow the downtrend breakout on the 1d time frame. Or will PEPE follow the uptrend and might go for a breakout on the 4hr time frame. Waiting for confirmation. PEPE might see 0.00001 again, from there be carefull with how u trade and watch for confirmations.
PEPEUSD Will start forming a bottom. Be ready to buy.Pepe (PEPEUSD) is showing signs of proper structured price action as the prevailing pattern emerges as a Channel Up. Having broken today below the 1D MA100 (green trend-line) for the first time since February 24 2024, we anticipate that the new bottom (Higher Low) of the Channel Up will start getting formed.
Both Bearish Legs of the pattern where through Channel Down patterns (dotted) and the Bullish Legs that followed (dashed), were Channel Up patterns. A break above the 1D MA50 (blue trend-line) again, should confirm the start of the new Bullish Leg.
The 1D RSI though is already giving an early signal and on the next rebound, if we see successive 1D candles trading sideways, we will have an early buy opportunity. The ultimate Support level is of course the 1D MA200 (orange trend-line).
The previous Higher High was formed just below the 2.0 Fibonacci extension from the Low. As a result, our Target is now 0.00002500 (just below Fib 2.0).
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PEPEUSDT - at his resistance? Holding or not??#PEPEUSDT.. that coin was boomed in last couple of months.
And now is going to hold his resistance and ready for a drop..
We have upside resistance around 0.00001280
Keep close it and if market hold it then drop expected from here.
Good luck
Trade wisely
#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