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PEPEUSDT Perpetual Swap Contract

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PEPEUSDT.P trade ideas

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
#PEPE/USDT Breaking out, Trade Setup here.#PEPEUSDT is breaking out of a 2-month descending channel. Two potential scenarios: 1️⃣ Immediate breakout continuation. 2️⃣ Retest the breakout level before a potential upward move. For those looking to go long, consider waiting for the retest for a better entry point. 📈 ETH looks dumpy in the short term too, this can cause some pullback before further continuation. Do hit the like button and share your views in the comment section. Thank you Follow for more. #PEPE
Long
by Cryptorphic
1
PEPEUSDT Bullish Momentum: 10-Day Price Forecast BINANCE:PEPEUSDT is witnessing bullish momentum today. The meme coin has skyrocketed over 62% in its 24-hour trading volume, standing around $846.23 million. This latest surge shows that bulls are gaining control of the market as the PEPE price rebounds after the recent correction. As of press time, PEPE coin is trading at $0.000009454. This comes after a notable jump of 5.61% in the last 24 hours. Additionally, the market cap of the coin has surged 5.59% to $3.98 billion. This makes PEPE the 25th largest coin on the market in terms of market cap. However, it should be noted that the price of PEPE token is down 21.07% over the last 30 days. The crypto market witnessed a severe crash in previous weeks. PEPE also struggled during this time. But the good thing is that this crypto market downtrend seems to be over. Consequently, PEPE’s price is surging today to achieve a notable recovery. Pepe price sees bullish momentum While PEPE coin has already surged 5.61% today, there are more signals of a further price rally. Per TradingView data, the meme coin is trading above its 200-day Simple Moving Average (SMA). This level acts as a support level for PEPE, and it shows that the token is bullish in the long term. The 200-day SMA typically indicates the long-term market movement of a coin. Despite the daily basis volatility on the market, it highlights that the meme coin is in a bullish trend in the broader outlook. In addition, the RSI of PEPE supports this technical analysis. As of now, PEPE’s RSI is at the 44.9 level. Notably, RSI in the range of 40-50 acts as a support zone for a coin. This range also shows that the coin is in a bull market despite short-term volatility. Overall, these technical indicators confirm a bull run for PEPE token. 10-Day Price Predictions for PEPE: Given the bullish momentum and the technical indicators, here is our 10-day price prediction for PEPE: 1. Day 1: $0.000009832 2. Day 2: $0.000010225 3. Day 3: $0.000010634 4. Day 4: $0.000011060 5. Day 5: $0.000011502 6. Day 6: $0.000011962 7. Day 7: $0.000012440 8. Day 8: $0.000012938 9. Day 9: $0.000013455 10. Day 10: $0.000013993 These predictions assume that the bullish momentum will continue and that there will be no major market disruptions. Always keep in mind that the cryptocurrency market is highly volatile, and external factors can significantly influence prices. Trade safely and consider the market dynamics before making any trading decisions.
Long
by soxentp
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
PEPE Price Alert: Key Support and Resistance Levels to Watch!Closing prices for BINANCE:PEPEUSDT have shown a gradual upward trend, with the latest price at $0.00000923. This slight upward momentum is reflected in the exponential moving averages (EMA), where the 9 EMA has consistently stayed just below the 20 EMA, suggesting a mild bullish inclination. The MACD (Moving Average Convergence Divergence) indicator, though slightly negative, shows a narrowing histogram. This indicates a potential shift towards bullish momentum as the MACD line approaches the signal line from below. Meanwhile, the RSI (Relative Strength Index) has been oscillating around the neutral 50 mark, currently standing at 50.62, which does not indicate an overbought or oversold condition. This neutral RSI suggests that the market could swing in either direction based on upcoming price actions. The first significant resistance level is at $0.00000956. If the price breaks above this level, it could signal the start of a stronger bullish trend. Beyond this, the next resistance is found at $0.00000977, which serves as a secondary barrier, and surpassing this point could further validate the bullish momentum. The most critical resistance level stands at $0.00001079, indicating a substantial upward potential if the price can overcome this hurdle. On the downside, PEPE has notable support levels that provide a cushion against bearish movements. The nearest support level is $0.00000906, which is crucial for maintaining the current price structure. A break below this level might indicate a shift towards a bearish scenario. Another layer of support exists at $0.00000902, reinforcing the importance of the $0.00000906 mark. The most significant support level lies at $0.00000855, where a breach could signal a strong bearish potential, making it a critical level to watch for traders. Overall, current technical indicators present a mixed but slightly bullish outlook for the PEPE price. The 9 EMA crossing above the 20 EMA would solidify a bullish trend, but caution is warranted as the MACD remains slightly negative. However, the narrowing MACD histogram hints at a potential bullish crossover soon. For traders considering long positions, entering near the support level of $0.00000906 with a target at the first resistance level of $0.00000956 could be a prudent strategy. If the price breaks above this resistance, holding the position towards the next resistance at $0.00000977 would be advisable. For short traders, a position taken near the resistance level of $0.00000956 with a target at the nearest support level of $0.00000906 could be strategic. Should the price break below this support, the next target would be the $0.00000902 level, and potentially $0.00000855 for more aggressive traders. In conclusion, the PEPE price shows potential for both bullish and bearish movements, with key support and resistance levels providing critical points for traders to watch. The slightly bullish signals from the EMAs and the narrowing MACD histogram suggest a cautious optimism for upward movement.
by Ecoinimist