PEPE COIN | NEAR BREAKOUTPEPE coin is near breakout as we have observed bullish divergence in the ongoing bearish trend. Also it has upcoming decending trendline which can give good breakout signal
PEPEWETH_F23900.USD trade ideas
Will PEPE price Struggle For Recovery in 2024?PEPE Price Correction: The price of PEPE is undergoing a correction, testing a crucial support level at $0.0000012.
Bearish Channel Formation: In the daily chart, a bearish channel is evident, indicating a downtrend for PEPE.
Potential for Bullish Revolt: Despite the current bearish trend, there's a possibility of a 25% hike if buyers regain control.
Inverted Head and Shoulder Breakout Failure: PEPE's price couldn't sustain a bullish inverted head and shoulder breakout, leading to its current bearish state.
24% Decline in Four Weeks: The bearish trend has resulted in a significant 24% reduction in PEPE's market cap over the past month.
Sideways Movement at Key Support: PEPE price is experiencing sideways movement at the $0.0000012 support level, which is crucial for its short-term trajectory.
Technical Indicators - EMA: The 200-day EMA is providing dynamic support near the $0.0000012 level.
Technical Indicators - MACD: An increase in bearish momentum is observed with the MACD trending downwards.
Market Condition Impact: The broader market's selling pressure is affecting meme coins like PEPE, potentially leading to a further downtrend.
Upside Potential: If PEPE can maintain its stance above $0.0000012, it could potentially increase by 25%.
Risk of Further Decline: A fall below $0.0000012 could lead to PEPE's price dropping to $0.0000010.
Importance of Market Recovery: The potential for PEPE's price recovery is linked to the overall improvement in market conditions this month.
PEPE / USDT Price Analysis (4h)OKX:PEPEUSDT Update π
The OKX:PEPEUSDT price is currently consolidating within a rising channel, hinting at a potential breakout on the horizon. Keep a close watch on the levels:
π΅ Breakout Levels: 140,000 and 165,344
The price is showing flag-shaped corrections within this rising channel, signaling a robust breakout from Fibonacci support levels.
Key support stands at 130,570, and there's a mid-term resistance at 208,500.
Correction powered retest teases a bullish comeback for PEPE!Correction Retest at $0.0000014 Zone: PEPE coin is currently undergoing a correction retest of the bullish break at the $0.0000014 zone.
Inverted Head and Shoulder Pattern: An inverted head and shoulder pattern in the daily chart indicates a potential bullish comeback.
Potential for a 40% Hike: The post-retest reversal could lead to a significant 40% increase in PEPE price.
Exiting Falling Channel: PEPE's exit from a falling channel suggests the initiation of a long-term bullish trend.
Rally Fueled by Dynamic Support: The rally is supported dynamically by the 50-day EMA, showing robust uptrend signs.
32.99% Increase in 14 Days: PEPE has seen a notable rise in its value over the last two weeks.
Trading at $0.00000144: PEPE is currently trading at this price, with an encouraging intraday growth.
Morning Star Pattern Formation: A morning star pattern at the $0.0000014 support zone indicates potential for upward movement.
Sectoral Turnaround in Meme Coins: The rise in top meme coins like Dogecoin and Shiba Inu suggests a broader sectoral shift.
Technical Indicators - EMA and MACD: The EMA suggests a bullish crossover, while the MACD indicates a possible bearish crossover due to the recent retest.
Possible Jump to $0.00000185: If the reversal rally gains momentum, PEPE price could potentially reach $0.00000185.
Risk of Decline to $0.0000010: A pullback below $0.000001185 could lead to a decline to $0.0000010.
PEPE is about to explode 40% to the upside!We all know that PEPE is a sh@tcoin, but traders don't care as long as they move. I think we are going to see PEPE make an incredible move to the upside in the next 3 to 7 days.
This isn't investment advice, only the opinions of a maniac.
Will PEPE price ride a 40% rally?Breakout Success: PEPE coin's price breaks out of the falling channel with a 95% surge.
Supportive EMA: The 50-day EMA provides dynamic support, bolstering the uptrend.
Potential Hike: PEPE's price action hints at a possible 40% increase.
Market Sentiment: Bullish market momentum aids meme coins' recovery.
Price Prediction: Optimistic outlook for PEPE coin in the coming year.
Reversal Rally: A double bottom reversal at $0.0000006028 sparks a bullish trend.
Technical Indicators: MACD shows bullish alignment, suggesting continued growth.
Current Trading Price: PEPE is trading at $0.0000013349, with a 12.47% intraday rise.
Rounding Bottom Breakout: Indicates a potential jump to $0.0000015.
Bitcoin's Influence: BTC's rise above FWB:36K positively impacts meme coins like PEPE.
Bearish Scenario: A pullback could see a drop to $0.0000010.
2023 Outlook: PEPE coin's bullish trajectory could lead to significant gains.
Where will Pepe go?This currency has many fans and is very popular in social networks.
It has had a good rise and rally, but the question is, will this rally be maintained?
I checked the PEPE chart. There are time similarities between correctional branches and according to the price-time laws, it seems that we are inside the diametrical pattern.
What the chart shows us with this data is that this climb was for the F branch and it may end up with resistance around this or in the red box and enter the E branch.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
PEPE on a dream runPEPE has been on an incredible upswing since October 20th, with an impressive 90% gain in just the past week!
Following a high point on May 5th, 2023, PEPE entered a downward-sloping parallel channel. However, after forming a double-bottom at 0.0000006183 (yes, those zeros can give you a headache so tl;dr there are 6 of them), it made a powerful 90% comeback.
Currently, PEPE is approaching the resistance zone of the parallel channel, which could potentially cause the rally to temporarily pause.
A breakout from this channel could signal another exciting surge for this meme token! :rocket:
#CryptoUpdate #PEPE #Cryptocurrency
PEPEUSD Don't get excited. Cautious buy but strong sell at top.Pepe (PEPEUSD) is having an amazing 6 day bullish streak, breaking and closing above both the 1D MA50 (blue trend-line) and 1D MA100 (green trend-line) during that span. This is the bullish leg towards the top (Lower Highs trend-line) of the 5-month Channel Down, so even though we expect it to extend some more, be cautious and get ready to sell at the top.
The immediate Target is 0.00000145 and then after a pull-back the 0.786 Fibonacci retracement level at 0.00000160. On the 0.786 Fib be ready to short and target the 1D MA50.
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β΄οΈ Pepe The Wedge, New ATL, Growth Potential + BitcoinYesterday, Pepe hit a new All-Time Low, 21-September.
Today, Pepe starts growing really strong which can be read as quite positive for its trading pair, PEPEUSD.
A strong reaction right after a new All-Time Low is hit can be quite good, as a bottom can be easily confirmed.
We also have a broken descending channel or falling wedge, the potential is up.
Here we go:
βοΈ 1) As long as PEPEUSD trades above its 21-Sep low (0.0000006018), we adopt a strong bullish bias. Any trading above this level and we are super bullish.
βοΈ 2) If PEPEUSD moves and closes below yesterday's low, the bears are back in control. Notice that a wick can happen and this wouldn't invalidate the bullish potential. In fact, I would use multiple weekly close below the last low to see the bears back in the game.
As it is now, Pepe is ready to end its downtrend and produce a bullish wave. This is not surprising, I've been sharing many Altcoins that are doing the same.
β What about Bitcoin?
Bitcoin won't be left behind, Bitcoin will also grow.
Namaste.
MEME COIN PEPEIf I had to choose between two schemes that I think PEPE has been doing in the blue area for a month now, it would definitely be the distribution scheme.
Even the currently broken lower main trend line does not look very optimistic.
The biggest movement of tokens from the big players into the hands of crazy buyers happened logically during the mania phase, and I think the rest happened during this month's distribution.
I don't know how many times I've seen this scheme repeated and it always ended up leaving people with worthless tokens.
No trading advice, the price may increase from a purpose released news, but it is very likely that it will end up where it started later.
Another from the shitcoin collection.
Current value 0.00008221
Will PEPE Leap Higher This October?Double Bottom: PEPE coin shows a potential double bottom reversal pattern.
Falling Channel: The coin is currently in a falling channel but hints at a bullish breakout.
Price Target: A 20% price jump to $0.0000008960 is possible if the uptrend continues.
Market Sentiment: The recent Bitcoin surge has improved sentiment for altcoins like PEPE.
Current Price: PEPE is trading at $0.0000006468.
Intraday Growth: PEPE has an overnight growth of 3.35%.
Support Level: The coin finds support at $0.0000006028.
50-day EMA: This level is currently acting as a dynamic resistance.
RSI Status: The RSI is resurging, aiming for the halfway line, indicating potential bullish momentum.
Optimistic Scenario: A bullish breakout could lead to a price of $0.0000008960.
Pessimistic Scenario: A market-wide correction could drop the price below $0.0000006028.
October Outlook: The overall market conditions in October look optimistic for PEPE coin.
PEPEUSD Can rise aggressively if the Falling Wedge breaks.Pepe (PEPEUSD) is trading within a Falling Wedge ever since the first sell-off and sits below both the 1D MA50 (blue trend-line) and 1D MA100 (green trend-line) which made a double rejection on the latest Lower High on August 14 2023.
The 1D MACD is already on a strong post Bullish Cross sequence so the slightest break-out, preferably above the 1D MA50, will be a buy opportunity. The first and more reachable target will be a symmetrical with the Wedge's first rise at +128%, targeting 0.0000013500. If then the 1D MA100 holds as a Support, we will re-buy and target Resistance 2 at 0.0000019000.
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Is PEPE Leaping Back To Life?PEPE price action indicates a bullish reversal in a falling channel.
PEPE sustains above the $0.0000006028 support level.
A morning star pattern hints at a bullish spark.
PEPE is trading at an 84% discount from its all-time high.
The coin signals a potential reversal within the falling channel.
PEPE price crashed under the 50-day EMA.
An almost 65% drop in three months to the $0.0000006028 level.
17% price hike for PEPE last Friday.
Short-term chart shows an end to lower high formations.
Technical indicators are optimistic about the upcoming trend.
MACD shows a bullish gap post-crossover.
RSI resurges from the oversold zone, indicating a bullish comeback.
THe $0.00000070 breakout can help PEPE reach $0.00000080.
PEPE to fall by 71% to under 100 million market cap!In the absence of any concrete utility to support the token, nothing seems to prevent Pepecoin from falling below the 100 million mark in market cap.
Shiba Inu expands into DeFi to support its ecosystem. Speculators will be less patient for PEPE.
Developers cashed out and are watching the ship sink!
There is no bullish momentum to reject PEPE's price as it approaches key support at $0.0000008375 or June 2023 low.
If price breaks down this level, there would be another drop to 0.0000003099 support, or more than -71%. PEPE market cap would then be less than 100 million dollars.
PEPE's initial price is $0.00000000001394 according to Techopedia.
With PEPE Price Crashing This Week, Is A Reversal On The Charts?PEPE shows a head and shoulder breakdown.
Bullish RSI divergence fails; PEPE drops 38% in 10 days.
78% of PEPE holders are in the red.
Price drops 22% in 24 hours to $0.0000008432.
PEPE currently trades at $0.0000008672, with a 6.93% intraday loss.
Falling wedge pattern observed in the 1-day chart.
PEPE may trend sideways between $0.0000008432 and $0.0000010.
A breach below support could push PEPE to $0.0000006721.
β΄οΈ Pepe [NYA]Pepe is now going bullish, just today.
We have a perfect falling wedge pattern and the breakout is happening now.
The RSI hit its lowest ever and thus produced a bullish divergence with PEPEUSDT, because the pair produced a higher low.
Here you can see the lower low on the RSI:
I added some targets also on the chart because a higher low can lead to a higher high.
If prices drop you need to decide when to quit, when to stop your trade at a loss.
If prices continue up... Thanks a lot for your support.
Namaste.
#PEPE Hidden bullish divergence Pepe's price has been in a large consolidation & pullback from it's early heady days...
I would be a buyer at these prices ... to open up a position
Back At Base Support, Is PEPE Ready For A Bounceback?Falling Channel Pattern: PEPE's price has experienced a sharp 34% drop over the last 24 days, forming a bearish channel on the 4-hour chart.
Testing Bullish Dominance: The downtrend has reached the crucial 78.60% Fibonacci level at the psychological mark of $0.0000010.
RSI Bullish Divergence: On the 4-hour chart, a growing RSI line despite the price fall suggests a potential bullish reversal.
MACD's Bearish Indication: The MACD indicator projects a further downtrend, not displaying bullish reversal signs.
Recent Price Movement: PEPE coin's price fell by 4.75% in the last 24 hours, facing strong resistance to staying above $0.0000011.
Optimistic Scenario:
Channel Breakout Rally: If successful, the price could exceed the 61.80% Fibonacci level and reach $0.0000013437, offering a 20% jump for investors.
Pessimistic Scenario:
Further Decline: A further fall in the meme coin's value might break the 78.60% Fibonacci level, leading to a 20% drop to $0.0000008432.
Is PEPE Ready For A Breakout Rally To Jump 20% This Month?PEPE coin has experienced a sharp recovery of 4.70% in the last 24 hours, reclaiming its spot as one of the top-performing cryptos.
The coin is currently ranked as the third biggest meme coin by market cap.
The PEPE coin price is forming a double bottom pattern, finding support at the 61.80% Fibonacci level.
Despite the recovery, the coin faces strong resistance from a trendline, resulting in a significant 24% price drop in the last three weeks.
The RSI indicator shows a bullish divergence, suggesting a potential reversal in the meme coin's price action.
A breakout above the resistance trendline and the 50% Fibonacci level could drive the coin's price up by 20% to reach the 23.60% Fibonacci level.
On the other hand, a further decline could break down the 61.80% Fibonacci level, leading to a 15% drop and testing the 78.60% Fibonacci level at $0.0000010.
PEPE Looks Clearly BullishPEPE Looks Clearly Bullish After A Completed A-B-C Correction Back In June.
After a completed A-B-C correction in mid June, we saw nice and clean five-wave bullish cycle into wave A/1 till the beginning of July. Since the beginning of July, we can now see it now finishing a three-wave (A)-(B)-(C) correction in B/2 that can find the support here around 0.*012 β 0.*010 support area before a continuation higher within higher degree wave C or maybe even wave 3 of a five-wave bullish impulse.
PepeCoin: Is it DogeCoin with a faster clock?www.youtube.com
Pepe the Frog (/ΛpΙpeΙͺ/) is a cartoon character and Internet meme created by cartoonist Matt Furie. Designed as a green anthropomorphic frog with a humanoid body, Pepe originated in Furie's 2005 comic Boy's Club. The character became an Internet meme when his popularity steadily grew across websites such as Myspace, Gaia Online, and 4chan in 2008. By 2015, he had become one of the most popular memes used on 4chan and Tumblr. Different types of Pepe memes include "Sad Frog", "Smug Frog", "Angry Pepe", "Feels Frog", and "You will never..." Frog. Since 2014, "rare Pepes" have been posted on the "meme market" as if they were trading cards.
