PEPEUSDT: Break-out Potential BINANCE:PEPEUSDT : Potential Break-out After Strong Week for Meme Coins
Following a fantastic week for Meme coins enthusiasts PEPEUSDT is showing signs of a potential breaking out.
The current price movement could be a setup for a down trend and, neutral trend after downward, as depicted in this image (which is just one of many possibilities).
Why to Watch For:
Will PEPEUSDT continue its upward momentum?
Or will it settle into a Down-trend and neutral trend, as suggested by the image?
Remember: Technical analysis can provide insights, but it's not a guarantee of future performance. Do your own research before making any trading decisions.
Memecoin
🔥 SHIBA Bull-Flag: Patience For Break!Together with many memecoins, SHIB has seen a siginifficant bullish move lately. However, SHIB has been consolidating for a few days at this point.
In the process, a bull-flag pattern has been formed. For this signal we're going to wait for SHIB to break through the top of the pattern and place our stop below the most recent swing low.
Target at 7500. I don't think the memecoins have stopped, but are merely preparing for their next leg up.
FLOKI Is In A BULL MARKET MartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space. The Bull market is here
FLOKI has had a very strong breakout , These breakouts can often continue longer than people think. FLOKI could 10x
Please watch the video for more information
Market Update - March 7, 2024
BTC ATH breaks historical four-year halving cycle trend: Bitcoin (BTC) broke above the $69,000 mark this week, setting a new all time high of $69,324 on Tuesday morning. Despite common consensus of a post-halving bull run in the cards, like others that occurred in past four-year cycles, the market appears to be responding positively to the upcoming BTC halving and moving earlier than anticipated.
ETH holds firm despite sell off and ETH ETF delays: A sell-off following the BTC price run, as well as the SEC’s announcement to delay the decision deadlines on the spot Ethereum (ETH) ETF applications from Blackrock and Fidelity, had little impact on the price of ETH, with the market focusing on the anticipated launch of the network's Dencun upgrade, which is set to go live in the coming days.
Michael Saylor's MicroStrategy is looking to raise $600M to buy more BTC: MicroStrategy (MSTR) has announced plans to raise $600M by selling convertible debt in a private offering, for the alleged purpose of acquiring more bitcoin, taking advantage of the recent price run, and adding to its 193,000 BTC stack.
Meme coin mania is back: Momentum gathered for the six meme coins currently populating the top 100 list of cryptos by market cap, with multiple triple-digit percentage gains across the board, made up of DOGE, SHIB, PEPE, BONK, WIF, and FLOKI. Coinmarketcap data currently show the aggregate market cap of all meme coins standing at approximately $60B, with $30B in trading volume over the past 24 hours. The flurry of activity particularly across meme coins may suggest retail investors are beginning to return to the market or new retail participants are entering the market..
Soon, but not too soon for US interest rate cuts: Federal Reserve Chair Jerome Powell told House lawmakers on Wednesday that interest rate cuts are likely "at some point" in 2024, but not in the near future.
⏳ Topic of the Week: What is the Bitcoin halving?
👉Read more here
#MEME/USDT | Ready to rise strong#MEME
The price is moving in a descending channel for 1 day
The channel is expected to be breached to the upside in a strong manner as long as we do not break the support marked in green
From which the price rebounded more than once
We also have a reversal candle on today's frame
Supported by oversold on the MACD indicator
And upward momentum for the market
Entry price is 0.02200
First target 0.02325
Second goal 0.02531
Third goal 0.02689
Fourth goal 0.02917
Pepe vs. Floki: Meme coins FractalsMeme coins are a type of cryptocurrency that are often based on internet memes. They are typically created as a joke or for fun, but some meme coins have gone on to achieve significant success.
Look closely on WEN
Dogecoin is the most famous meme coin, and it has inspired a number of other meme coins, including Pepe and Floki.
Pepe the Frog is a cartoon frog that became an internet meme in 2014. Pepe has been used to express a variety of emotions, including sadness, happiness, and anger.
Floki Inu is a Shiba Inu dog that was created as a meme in 2021. Floki is named after Elon Musk's dog, and it has been endorsed by Musk on Twitter.
Trading Behavior and Volatility
Pepe and Floki are both meme coins, and they share a number of similarities.
Both coins are highly volatile. This means that their prices can fluctuate wildly, making them both risky and potentially rewarding investments.
Both coins are traded on a relatively small number of exchanges. This can make it difficult to buy and sell these coins, and it can also lead to price manipulation.
Both coins have a large and active community of supporters. This community support can help to drive up the price of these coins, but it can also make it difficult to have objective discussions about their value.
Price Comparison
Pepe
All-time high: $0.003388 (May 2021)
Current price: $0.000121 (March 2024)
Floki
All-time high: $0.000344 (November 2021)
Current price: $0.000023 (March 2024)
As you can see, both Pepe and Floki have experienced significant declines from their all-time highs. However, Floki has outperformed Pepe over the past year.
Conclusion
Pepe and Floki are both high-risk, high-reward investments. They are both volatile and have a small number of trading pairs. However, they also have a large and active community of supporters.
If you are considering investing in either of these coins, you should do your own research and understand the risks involved.
Coq Inu- A MEME coin ready to expodeI usually don't buy meme coins, but every now and then, I find one I really like. That's the case with Coq.
Yesterday, the coin held up well at support, and today, it's quickly back to resistance, which looks good technically.
But remember, it's still a meme coin.
If you're thinking about buying, be aware that you could lose all your money.
Minu - one new 2mil mcap meme coinMinu is a new meme coin, it is high risk but extremely high reward. If this coin will get some kind of attention this coin might moon very quickly.
Also Minu is forming cup&handle pattern which is bullish, indicators and everything else also says we go up.
Market cap is rising very quickly, just today I bought at 3mil mcap now like 2 hours later its at nearly 5mil and looks like price might skyrocket anytime, it is getting more mentioned in Twitter today.
Minu
Market cap
$4,918,503
THIS IS VERY HIGH RISK TRADE !!
DogeChainDC is DogeChain and is one of the meme coins. Truly I do not even set any targets for this as it can go completely parabolic, but first we need to get full Bullrun for Doge, after this one will follow and outperform it by many times. I do expect at least 20x from this coin.
THIS IS VERY HIGH RISK but also high reward.
Dogecoin
$0.151
Market cap - $21,637,334,280
Dogechain
$0.001024
Market cap - $27,239,426
As you can see the current market cap of Doge is bigger nearly 800x than DC. I expect DC to reach between 1 to 3 Billion $ market cap this bull run, I am holding this myself as long term token and will start selling after 1bil mcap. I'm going to make some posts about this later this year when we see some kind of action.
This is kind of as low as the price of DC can get, indicators shows a bit of downside but I think it will be mostly sideways moves until Doge will start going up.
THIS IS VERY HIGH RISK!!!
🐶Floki Inu(FLOKI)🐶 is Ready to Correct 🚨➖50%🚨🐶One of my favorite meme coins is Floki Inu(FLOKI) . A few months ago, I shared with you the analysis that Floki Inu(FLOKI) has increased by more than 😱 ➕2000% 😱 so far.
💡 Floki Inu(FLOKI) began to rise after the community of users of this meme coin voted to burn 190 billion FLOKI tokens . But will this growth continue❗️❓
🙏Please, Stay with me.
🏃♂️ Floki Inu(FLOKI) is currently moving in the 🟡 Potential Reversal Zone(PRZ)($0.000215-$0.000136) 🟡and near the upper line of the ascending channel and Pitchfork line .
🌊According to the theory of Elliott waves , Floki Inu(FLOKI) seems to be on the way to completing the Double Three Correction(WXY) , so Floki Inu(FLOKI) is currently completing the main Y wave .
🔔I expect Floki Inu(FLOKI) to correct(➖50%) at least the 38.2% Fibonacci level and 🟢 Support zone($0.00002322-$0.00001528) 🟢.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Floki Inu Analyze ( FLOKIUSDT ), 2-day time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
🐸PEPE🐸 is Ready to Pump🚀➕70%_100%🚀🐸 PEPE token , which was once in the shadow of other famous meme coins in the market, has now become the leading meme coin in the market with its growth of about 136% in the last week .
🐸However, the resurgence of the cryptocurrency market is not the only reason for the significant growth of PEPE, and the role of the X social network , where more than 53,000 posts about this token have been published in the past few days and has become a platform for discussions and recommendations for investing in PEPE.
🚀PEPE is looking to create a New All-Time High(ATH) after breaking the 🟢 Support zone 🟢.
🌊According to Elliott's wave theory , PEPE seems to have completed the main wave 3 and is currently completing the main wave 4 .
🌊 Wave 4 can end near the Support line , and if this happens, we can expect PEPE to have a stronger wave 5 . Otherwise, wave 4 can probably end at 38.2% Fibonacci .
📈In terms of Classical Technical Analysis , PEPE has formed an Inverse Head and Shoulders Pattern , and the 🎯 Target of this pattern 🎯 can be one of the Targets of the end of wave 5 .
🔔I expect PEPE to make a New All-Time High(ATH) after the completion of wave 4 and possibly rise to at least 🟡 Potential Reversal Zone(PRZ) 🟡.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
PEPE Analyze (PEPEUSDT), Daily time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
XRP/USDT BULLRUSH BEFORE THE FLUSH???Looking at the XRP/USDT Daily Time Frame, we can get an idea where and WHY price is moving the way it is:
We see that ALL previous buyside has been swept.
This should indicate BULLISH order flow.
Every bullrun hits it's breaking point but where will that be???
We see that there's more Buyside that's yet to be swept and I'm thinking it will sweep them soon in the near future.
But WAIT .... There's More!
Right above the highest high, there is a GORGEOUS Daily SIBI resting right above.
Sadly, it hasn't been tapped yet :(
If it gets tapped, will XRP rise or will that be it's Downfall???
There's only one way to find out ;)
I'm patiently waiting for potential opportunities that allow a solid 2:1 RR trade to be taken.
(DISCLAIMER) THIS IS NOT FINANCIAL ADVICE! THIS IS MY PERSONAL OPINION AND I COULD BE 100% INACCURATE IN MY ANALYSIS. DO YOUR OWN RESEARCH AND ANALYZE YOUR OWN CHARTS. TRADING IS EXTREMELY RISKY SO BE CAUTIOUS AND TRADE AT YOUR OWN RISK!!!
MEMECOINS TO THE MOON ?! 0.0005$ FLOKIUSDT COMING !!!Hi Guys!
Before starting the analysis, I want to say two things
First of all , because I am not a premium user, I have to analyze in higher time frames , which of course has a lower percentage of errors , but it is more difficult to understand!
Second , I personally am not interested in meme coins and I don't think they are very predictable based on the price chart.
Well, to predict the price behavior of BINANCE:FLOKIUSDT and most of these meme coins
I think the first point is to wait until the weekly candle closes and make your decision then .
The first scenario is that the price will break the specified resistance area in the range of 0.00004 to 0.000045 with power and momentum, and the next candle will open completely above the broken resistance.
In this case, for a low-risk buy position, we wait for a pullback at the broken Resistance and make our Buy there. In this case, our Stop loss will be activated below the broken resistance.
The second scenario assumes that the upward trend of the market will be maintained, especially for Bitcoin . If the price is rejected from the specified resistance and returns to the previously broken trend line, in this case, the low-risk buy position is at the pullback point to the broken trend , and in this case, the stop loss is activated at a price of 0.000015 to 0.00002.
And The price targets are specified in the chart as follows
Short-term TP
0.00007
Mid-term TP
0.00011 / 0.00022
Long-term TP
0.00030
And in case of parabolic price movement, maybe up to 50 times prices (very, very low probability)
Pepe Coin: The New Meme Coin Sensation of 2024Pepe coin, a meme coin that’s quickly becoming a legend in its own right, has astonishingly reached the 3B market cap mark, positioning itself as the 3rd meme coin ever to achieve such a feat. This remarkable achievement comes after a staggering 400% gain in just the last week. 🔥
Currently, it stands proudly at the 40th rank by market cap and an impressive 9th rank by volume in the last 24 hours . Let’s take a closer look at Pepe coin and see why everyone’s talking about it. 👇
✅ Pepe’s Market Performance: A Quick Overview
The buzz around Pepe coin is palpable, and it’s already being hailed as one of the top meme coins of this cycle. And guess what? The real euphoria hasn’t even kicked in yet. 🔥
Pepe is coming out of the long-term accumulation range, and with the crypto market starting a new bull cycle, the momentum is going to accelerate soon. The current candles’ range and the volumes are a testament to the underlying strength.
✅ Comparative Analysis: Pepe vs. Doge
⚡️ Structural Similarities between PEPE and DOGE
If we place Pepe and Doge alongside, it’s like looking at two sides of the same coin . The market structures and fractals of Doge from 2020 to 2021 bear a striking resemblance to Pepe’s current trajectory. And what do the market gods say about history? It is often similar and repeats itself! 👀
At the moment, it looks like Pepe is right at the same stage as Doge was in 2021 , when it started it’s monster rally. The momentum building up around Pepe suggests we’re just at the beginning of what could be an exhilarating euphoric phase.
⚡️ Relative Performance of PEPE and DOGE
Since there’s no symbol for PEPEDOGE, we can make a ratio chart by dividing PEPE by DOGE to make a custom symbol. Looking at the chart, Pepe has significantly outperformed Doge by over 300%. I’ve used the latest swing as a reference because it’s the most relevant point in the current scenario, as meme coins have been rallying from that point onwards.
✅ Broader Market Context
⚡️ Relative Performance of DOGE and BITCOIN
We’re examining this chart to grasp how the market context is evolving. Doge has consistently been lagging behind BTC for a couple of years . Both its price and momentum are at historic lows.
However, there are early indicators suggesting a reversal and a change in trend. This implies that once the alt season kicks in, Doge will gain momentum and surpass Bitcoin. This context is crucial because it sets the stage for Pepe’s performance, suggesting that its lead over Doge could extend throughout this market cycle.
⚡️ Relative Performance of PEPE and BITCOIN
Despite Bitcoin’s dominance, Pepe has been making waves, outperforming the crypto giant and hinting at the immense potential it holds for the upcoming alt season. This strengthens the fact that once the market-wide alt rally begins, Pepe can outperform others by a huge margin.
Conclusion
Pepe coin’s journey is a fascinating tale of unexpected triumphs and the unpredictable nature of meme coins. Its rapid ascent to a SEED_TVCODER77_ETHBTCDATA:3B market cap and its standout performance in the market are clear indicators of its potential to climb even higher, possibly reaching the $50B mark or beyond.
While the crypto market is known for its volatility and surprises, Pepe coin’s current trajectory suggests that it’s on its way to becoming one of the top 10 coins in this cycle. The excitement around Pepe is undeniable, and for those of us watching, participating, or just cheering from the sidelines, it’s a reminder of the thrilling unpredictability that draws us to cryptocurrencies.
Thanks for reading. Hope you found it useful.
Let me know your thoughts in the comments. Cheers!
Disclaimer: This post should NOT be construed as investment advice and is meant for learning purposes only. Please consult your financial advisor before making any investments.
Meme coin - PEPEBTC continues to fluctuate around the ATH, while meme tokens have seen significant gains in recent times. The value of meme coins is not supported by the project, and price fluctuations often come from the flow of whales. Historically, every time meme storm hits, a correction cycle is about to begin for BTC. The most recent one occurred in May 2023, when the birth and growth of PEPE brought a 15% correction to BTC.
But this does not affect the indicators that bring you profits. For PEPE, the TSB indicator provides signals at different levels. At the daily level, the TSB indicator prompted a BUY signal on Feb.23. If you had opened a long position at that time, you would have gained more than 400%, and the continuous rise will hardly make you paperhand.
Switching to the 4h level, the TSB indicator gave a BUY signal almost on the same day. Although a long order has just been settled, the TSB indicator will not prevent you from missing the next rise. The timely signal can still allow you to capture the main gains.
The fundamentals of meme coin are of little significance. Price fluctuations are more caused by the behavior of whales. Technical indicators are more advantageous for meme coin.
Introduction to indicators:
Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated.
KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
Memecoin | Santa Rally, possible 50% ! |Dear Traders,
According to 4h chart, it shows many bullish signs.
First of all, it is a bullish flag pattern which we can see.
The RSI is below 30% for 6 days, from there the price must go upwards.
The MACD also shows some weakness with selling, hopefully there will be a purchasing accomodation.
The Ichimoku cloud always represent a support and ressistance. We will be ABOVE the green cloud in two period later (8h) so it is ready to be traded safely.
My personal problem here is that we goes below the green ichimoku cloud, that is not a good sign for trading, but i keep following this coin because we saw 2 times 50 % increase in price within 24 hours. If that trend keep going, christmas gift will be fallen from santa rally :)
Kind note that this coin should be observed frequently, because it show a higher volatility from we the traders can catch profits. So keep your eyes open and start trading.
Check my analysis on this coin before.
Take it easy.
Good lock