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PEPE Reaches New All-Time HighEthereum-based memecoin CRYPTOCAP:PEPE has surged 27% to a new all-time high over the past 24 hours, driven by speculation around the potential approval of spot Ether exchange-traded funds (ETF) in the United States. The surge is driven by the expectation that the U.S. Securities and Exchange Commission (SEC) will approve spot Ether ETFs by a May 23 deadline. CRYPTOCAP:PEPE is currently trading at $0.00001280, up 23.48% over the past 24 hours. PEPE's open interest (OI), which measures the total value of all outstanding CRYPTOCAP:PEPE futures contracts across crypto exchanges, rose 40% to $172.96 million over the past 24 hours. This rise usually indicates traders are more confident entering future positions on a cryptocurrency, with a significant number in long positions. PEPE's price spike over the past 24 hours saw $6 million in short positions liquidated, and if PEPE's price drops 6%, it would liquidate $10 million in long positions. With a Relative Strength Index (RSI) of 68.87 CRYPTOCAP:PEPE is set for a trend reversal in the near term traders ought to be cautious consolidation is looming ahead.
by DEXWireNews
PEPE has NO BAG HOLDERS NO BAG HOLDERS PEPE in ATH you are anxious to get in but dont want to become a Baghklder ? Well how do you get in ? TA helps you : PEPE Ath D marabosu D timeframe is extended. Needs a 4h HL and eventually a D HL. 15 OS at 4h Ema 12 is worth a short for a shortterm flip for Daytraders. Patient bulls wait for Hourly Oversold (H OS ) for a D HL and D ema 12 to catch up. I am scaling out another half of my long with stops Keeping rest as its an ATH coin. All time high coins can run harder than the rest as there are NO BAG HOLDERS Remember never short a Bluesky Bull ! Better options to short everywhere .
by ChartmanChris
PEPE - Are You Ready?📈Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 PEPE has been overall bullish , trading within the rising broadening wedge pattern in green. Currently, PEPE is undergoing a correction phase and it is currently approaching the lower bound of the wedge. Moreover, it is retesting massive demand zone marked in red. 🏹 Thus, the highlighted blue circle is a strong area to look for trend-following buy setups as it is the intersection of the red demand zone and lower green trendline acting as a non-horizontal support. 📚 As per my trading style: As #PEPE approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
21
PEPE! Lilly pad to trampoline! PriceAction If you find this information inspiring/helpful, please consider a boost and follow! Bounced off of level, now watching for it for clues on the next move. Right now the impulse are up BOS style. So looking for continuation with the trend, but I will be ready if the trend turns. So watching these IDM for now for clues of a retrace or slow down before the next move, but again right now the pattern is impulse up correction down. ...patterns change though.
Long
by CryptoKnee
✴️ Pepe 3X SHORT (158% Profits Potential)Here we have another Cryptocurrency trading pair that is exhausted on the bullish side; a classic irregular correction is now in the making with the end of wave b coming in now. As wave b is completed, the start of wave c opens the doors for a SHORT. ➖ The signal here comes from the volume. Notice how trading volume is much lower now compared to March while a higher high is being hit. ➖ The massive growth after the long consolidation phase in late 2023 needs to be balanced out and this is the correction we are witnessing now. 👉 Full trade-numbers below.... 100% original, shared with positive vibes hoping yhou achieve all of your financial and personal goals. __ SHORT PEPEUSDT Leverage: 3X Buy-in: $0.000011600 - $0.000009950 Targets: 1) $0.000009750 2) $0.000009050 3) $0.000008400 4) $0.000007450 5) $0.000006750 6) $0.000006200 7) 0.0000005555 8) 0.0000004950 Stop-loss: Close weekly above $0.000012500 Potential profits: 158% Capital allocation: 3% ___ This is not financial advice. I am sharing with you my view of the chart, my opinion. This is technical analysis for the people, for free... Thanks a lot for your continued support. Namaste.
Short
by MasterAnanda
58
PEPE/USDT potential shift from support? 👀 🚀 PEPE analysis💎 Paradisers, turn your focus to #PEPEUSDT. It's currently displaying promising activity within a support zone, suggesting a potential bullish shift. 💎 Recently, we observed #PEPEUSDT breaking out from a descending channel, signaling the start of a bullish trajectory. It is now retesting what was once the channel's resistance, which has since evolved into a supportive base. Notably, it's positioned above the EMA 200, adding to our optimism that, following a brief interaction with the EMA, it might begin its ascent. 💎 Furthermore, the VRVP indicates significant volume at this level, enhancing the likelihood of continued upward movement. However, caution is advised: if the price fails to maintain its momentum and falls below both the EMA and the support zone, it could be pulled towards a critical demand level. 💎 As always, it's vital to implement wise trading strategies and set appropriate stop-loss measures. Stay vigilant and keep an eye out for further insights and market movements. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
8
PEPE breakout eyeing up to 50% gains!Last week CRYPTOCAP:PEPE broke out of an inverted head and shoulders formation and it seems to be correlated with mania surrounding $GME. We have since retraced much of the move to retest the pattern's neckline and so far it has held. Looking for price to move now to 0.000012-0.000014 in the short term, which would be up to 50% gain! On the shorter timeframe its possible that price is within a descending channel of sorts. Price will start moving up quicker once we have broken that formation.
Long
by HaydenOtto
3
"New ceiling" or "end of wave 5"?Hello everyone, I hope you're doing well. Here are several reasons why this upward wave could be wave 5, as I'll explain for clarity: The most important reason is the completion of the 5th bullish Elliott wave and negative divergence on waves 5 and 3. -------- Considering the deep correction within a chart pattern, the structure of wave 4 indicates it was indeed wave 4, and now PEPE is at the end of wave 5. -------- Another factor contributing to this deep correction is excessive trend chasing. Newcomers often flock to meme coins, expecting wave after wave of upward movement and rapid ATH (All-Time High) achievements with massive profits. Hence, the market corrects these individuals. Another reason is the dominance of PEPE domains, which have reached their primary trend ceiling, and we may likely witness significant correction in Pepe from this point onwards. -------- Please note that if the analysis is correct, the structure of wave A will be very clever in a way that you should expect a temporary correction. Your likes, follows, and comments give me energy 🔥
Short
by Sadegh_Sh
16