PEPE/USDT Waiting for a CorrectionPEPE/USDT Waiting for a Correction to buy PEPE/USDT in potential Wave (2).
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Pepeusd
PEPE Successfully Reversed Its Bearish TrendAs observed in the recent market behavior, PEPE successfully reversed its bearish trend, surpassing its previous peak, which is indicated by the drawn line on the chart.
PEPE now finds robust support within the 0.5 to 0.382 range of the Fibonacci retracement, observed on a four-hour time frame. This support zone is pivotal; as long as it holds, PEPE is in a firmly bullish trajectory, characterized by a pattern of ascending lows and highs.
It is important to note that, at present, there are no discernible indications suggesting the conclusion of the current corrective phase.
This analysis is for informational purposes only and should not be considered as financial advice.
PEPEUSDT - Macro Outlook BULLISH🐸Hi Traders, Investors and Speculators of Charts 📈📉
At opening, Pepe Coin surged in trading volume, outperforming Dogecoin and Shiba Inu!
PEPE seems to have finally bottomed out after the opening crazy. This concludes the completion of the first cycle for a newly released altcoin, the liquidity drain cycle.
From the chart we clearly see a short period of accumulation where the price trades sideways after bottoming out. This is where coins are accumulated to prepare for the next cycle or market phase, which is the upwards cycle. It's hard to say distinctively how high the price can go, but back up towards the opening price is always a reasonable target.
Pepe's trading volume reached an astounding $281.3 million during the opening periods. The meme-inspired altcoin boasts a market capitalization of $631 million, exhibiting significant growth over the past week. In comparison to the more popular meme cryptocurrencies, Pepe has surpassed expectations in terms of trading volume.
Notably, Dogecoin, with a 24-hour trading volume of $189.2 million and a market cap of $9.3 billion, trailed behind Pepe despite its larger user base and popularity. Similarly, Shiba Inu, another meme cryptocurrency, recorded a 24-hour trading volume of $100 million and a market cap of $4.6 billion, falling short in comparison to Pepe's performance.
This surge in Pepe Coin arrives amidst a week of overall gains in the cryptocurrency market. Bitcoin (BTC) and Ethereum (ETH) both increased over the past week. Bitcoin's 24-hour trading volume stands at $10.6 billion, while Ethereum's is at $7.2 billion. The rise of Pepe Coin highlights the enduring popularity and unpredictable nature of meme cryptocurrencies, which often experience rapid and substantial price movements. Pepe Coin itself has surged by an impressive 64% within the past week alone.
The trading volume has been hovering around the $200 million mark, demonstrating significant interest. Moreover, Pepe Coin has achieved a remarkable 65% increase over the last 14 days. While it is still 64% below its all-time high of $0.00000431 from early May, the recent gains suggest that Pepe Coin has solidified its position as a meme token and is poised for further rallies in the future. On-chain data reveals that whales (large-scale investors) are continuing to accumulate Pepe Coin, further supporting the possibility of an upcoming surge.
Analyzing Pepe Coin's chart, despite the slight dip in the past 24 hours, several positive indicators emerge. The relative strength index (RSI) has recently trended upwards after briefly falling below 50, suggesting a potential regain of momentum. Additionally, the 30-day moving average remains significantly above the 200-day average, indicating ongoing buying pressure and a favorable position for Pepe Coin. It is worth noting that the coin's support level has increased over the past week, minimizing the potential for further decline and setting the stage for a renewed upward trajectory.
While Pepe Coin's rise may not be rooted in fundamental reasons or utility, its enduring community and market interest bode well for future gains. Whale accumulation, as demonstrated by available data, contributes to the optimistic outlook. It should be noted, however, that whale predictions are not infallible. Nonetheless, with sustained whale buying, Pepe Coin stands a strong chance of experiencing further growth in the near future. From its current level of $0.00000153, it could potentially rise to $0.0000020 in the coming weeks, with even more substantial gains expected in the months ahead, potentially toward the end of the year.
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PEPEUSD on the Daily, Trading Ideas - PEPEUSD - Daily Chart
If Legacy Holds Tomorrow This could fly - its Alt Time atm.
Render has done flown again. PUMP IT.
This Daily Pepe Chart has turned Bullish with Momentum and Direction.
I wonder what Pepe 2.0 is doing right now.
Tune in regular - I'll be more active now I'm watching the charts again.
PEPEUSD is making a move again. Its Alt Season baby - HourlyPEPEUSD on the Hourly
Areas of interest marked, with TP's
Expect Pullback imminent perhaps BBWP, Stoch and Channel Resistance.
This will follow Legacy into Midday after the Open.
NOT FINANCIAL ADVICE.
I don't make calls. I don't care which way it goes tommoroow.
PEPE ANALYSISThis 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 D 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 daily data focus... here's what's telling us...PEPE daily data is showing bears are weakening -- and buyers taking positions. The price histogram has poke the downtrend line with strength after 5 days of straight descend.
This is conveying a price shift, and we may see another significant growth from here. The coin went from hitting 0.0000010 to peaking at 0.0000019000 levels in a matter few hours. Now we're consolidating at midline. It shows how much ascend it can accomplish with an upside momentum.
Spotted at 0.000001550
Again, this is a volatile coin -- so be guided.
TAYOR
safeguard capital, always.
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
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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Will Pepe go to hell?PEPE's price action structure is bearish.
We have a strong order block, and if the price pulls back to it, it is a good opportunity to open sell/short trades.
We also have a dynamic resistance, where the candles are below this area, which causes a selling point.
Currently, PEPE is involved in a support that is expected to break sooner or later.
The green area is the first valid support that we can use as TP.
I also specified the invalidation level. Do not enter the position without capital management and stop setting.
PEPE is showing signs of a continuity of bullish momentumHarmonic bullish reversal move:
Before starting the analysis of PEPE, I would like to share with you my most recent trade signal for PEPE, which I shared few hours ago. That was a harmonic bullish reversal Gartley move, which PEPE formed on a 4-hour time frame, and recently it has begun a successful bullish reversal form the potential reversal zone of this move.
Massive Breakout from the channel:
On a daily time frame chart, from may 2023 to June 2023 the priceline of PEPE coin has been moving inside a long down channel, and finally on 20th of June 2023, the priceline of the leading meme coin broke out the resistance of this channel and rallied more than 131%. But during this move the price got rejected by the long term resistance of $ 0.00000190 and formed another down channel.
2nd channel breakout:
Now from July 2023 to September 2023, PEPE was moving inside in another down channel, and during this move to the downside there was a fake out happened, and price got rejected by a very long term resistance zone, which starts from $ 0.00000136 and goes to $ 0.00000146. After this rejection PEPE re-entered the same down channel now on 22nd of September it has broken out this channel as well.
Inverse H & S breakout:
Recently on a 4-hour time frame PEPE has broken out an Inverse Head & Shoulder pattern and now the price is getting accumulated above the neckline of this inverse head & Shoulder.
Targets:
Now if we take a look at the targets for all these patterns and breakouts, then the expected target for inverse Head & Shoulder is $ 0.00000082, and the recent channel’s breakout targets is $ 0.00000095, and the target for the breakout from the oldest channel, which was happened in the month of June 2023 is $ 0.00000210.
Conclusion:
PEPE is showing the sign of a continuity of the bullish momentum, because it has broken out a long down channel after 77 days, and recently broke out another inverse Head & Shoulder, moreover, after breaking out the head and shoulder pattern it also formed harmonic bullish reversal pattern and started another reverse from the potential reversal zone of this pattern as well.
Pepe Token formed bullish Gartley for the next pumpHi dear friends, hope you are well and welcome to the new update on Pepe Token with US Dollar pair.
Our last successful trade of PEPE was the below one:
Now on a 4-hr time frame, PEPE has formed a bullish Gartley move for the next pump.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
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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We're on our way to the next floorIf you see my profile you will notice that it predicts Pepe's previous floor quite accurately and now I think I am right again, see how the downward trend has been making a megaphone since July 14, I think that after hitting the floor The trend would be upward and the next tarjet could be the daily ma of 100.
📉PEPE analysis after team conflict📈BINANCE:PEPEUSDT
OKX:PEPEUSDT
Hello Traders, please check out my previous ideas.
If the price stabilizes below the yellow area, the long scenario won't be fulfilled.
Targets are on the chart.
Optimum stop-loss for long position is below the 0.0000008415 level.
After what happened to Pepe's developer team and their conflict, there is a possibility of an upward return in the price trend if the sentiment around this project improves.
If the negative sentiment continues, the price of Pepe can decrease to the lower levels of the pitchfork.
✌💥If you are satisfied with my analytical content, please share my ideas💥✌
✍🐱👤Otherwise, make sure you leave comments and let me know what you think.🐱👤✍
🤑🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾🤑
CrazyS✌
📉PEPE is ready for a price jump 📈BINANCE:PEPEUSDT
Hello Traders, please check out my previous ideas.
If the price stabilizes below the yellow area, the long scenario won't be fulfilled.
Targets are on the chart.
Optimum stop-loss is below the 0.0000008415 level.
✌💥If you are satisfied with my analytical content, please share my ideas💥✌
✍🐱👤Otherwise, make sure you leave comments and let me know what you think.🐱👤✍
🤑🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾🤑
CrazyS✌