All articles tagged with #pepe
PEPE memecoin has dropped 17% in 24 hours amid increasing selling pressure, declining open interest, and market fears, though investors continue to buy, and technical indicators suggest potential for a rebound despite the risk of further decline to support levels.
FLOKI, a memecoin, could see a 24% breakout if it follows the recent bullish trend of PEPE, which reached an all-time high. FLOKI has shown a bullish flag pattern since November, and a move above the 78.6% Fibonacci level could push its price to $0.00035. Whale investors have increased their FLOKI holdings, suggesting confidence in a potential rally. However, a drop below $0.00020 would negate the bullish outlook. Technical indicators currently support a positive price momentum.
Meme coin Pepe (PEPE) has surged past an $11 billion market cap, surpassing Uniswap and Litecoin, amid a broader crypto market rally led by Bitcoin's rise above $100,000. PEPE's value has increased by 4.5% in the past 24 hours, reaching an all-time high, and it is now ranked 23rd by market cap. The coin's growth is attributed to whale activity and increased accessibility through platforms like MoonPay. Robinhood has also listed PEPE, alongside Solana, XRP, and Cardano, boosting its market presence.
Pepe, a memecoin, has surged by nearly 19% in the past day, reaching a new all-time high of $0.000026948 and a market cap of $11 billion, surpassing Uniswap to become the 20th largest memecoin. The surge is driven by increased demand, with significant whale accumulation and a spike in trading volume and open interest. The positive market sentiment and increased on-chain activity suggest potential for further gains, though a correction could see support around $0.000022.
PEPE, a frog-themed meme coin, has reached a $10 billion market cap, surpassing Litecoin after an 18% price increase. This surge has propelled PEPE to the 21st position among cryptocurrencies. The rise is attributed to increased network activity, with more active, new, and zero-balance addresses indicating growing demand. Technical indicators suggest potential further gains, though market conditions remain volatile.
As Bitcoin begins a bullish run, investors are considering altcoins like TRON (TRX), PEPE, and Avalanche (AVAX) for potential gains in 2025. TRX is seen as a low-risk, high-reward option due to its fast and cost-effective blockchain. PEPE, a popular memecoin, could see significant gains similar to Shiba Inu's past performance. AVAX, despite being shy in the current cycle, offers high throughput and low costs, making it a promising buy, especially as it remains far from its all-time high.
XRP's price surge to $1.95 has brought it close to the $2.00 mark, with potential for further gains if momentum continues, though a pullback is possible due to overbought conditions. Shiba Inu (SHIB) is nearing $0.00003, with strong buying momentum suggesting it could erase another zero, while Pepe (PEPE) has broken a descending trendline, indicating a potential recovery if it maintains its breakout. All three cryptocurrencies show signs of bullish activity, but traders should watch volume levels and RSI indicators for sustainability.
XRP has surged 20% to $1.166, aligning with Elliott Wave Theory's third wave, suggesting potential to reach $2 if it breaks the $1.80 resistance. Bitcoin, however, is showing signs of a potential reversal with a lower high, risking a deeper retracement if it falls below $88,000. Meanwhile, Pepe is at a critical juncture near its 21-day EMA, with potential for a bullish reversal if it breaks above its descending trendline, though a drop below this level could lead to further correction.
A top trader on Bybit, known as Bluntz, predicts further rallies for Dogecoin (DOGE) following an ABC corrective wave against Bitcoin, suggesting a potential rise to 0.000008 BTC. The trader also forecasts Bitcoin's price to reach $100,000 as it begins a new five-wave surge. Additionally, Bluntz anticipates the memecoin PEPE to increase to $0.00003. These predictions are based on Elliott Wave theory, which Bluntz uses to analyze market trends.
A cryptocurrency analyst known as Bluntz is optimistic about the memecoin Pepe (PEPE), predicting it could rise over 28% from its current value using Elliott Wave theory. Bluntz notes that Pepe has shown a five-wave upward move, suggesting a potential new all-time high. Additionally, the analyst believes Bitcoin (BTC) has completed a corrective wave pattern and is poised for an upward trend, targeting the $100,000 resistance level. Pepe is currently trading at $0.00002339, while Bitcoin is at $91,101.
Shiba Inu (SHIB) shows a more bullish short-term outlook compared to Pepe (PEPE) for July, with stronger technical indicators and on-chain metrics. While PEPE faces resistance and weakening demand, SHIB benefits from upward momentum and higher daily active addresses, suggesting better market performance.
This week in the cryptocurrency market, Pepe (PEPE), Uniswap (UNI), and Lido DAO (LDO) emerged as the biggest winners, with PEPE leading the gains by hitting multiple all-time highs and increasing by 57.62%. On the other hand, Arweave (AR), Akash Network (AKT), and Fantom (FTM) were the biggest losers, with AR experiencing a 14.73% decline. The market remains highly volatile, emphasizing the importance of thorough research before making investment decisions.
The memecoin sector, including SHIB, WIF, and PEPE, experienced significant losses following a market-wide depreciation triggered by Bitcoin's fall. WIF saw the largest decline at 21.33%, while SHIB and PEPE dropped by 12.50% and 19.23% respectively. WIF dominated social media activity, while sentiment for SHIB and PEPE remained relatively positive. However, traders were bearish towards PEPE, with 52% taking short positions. The future of memecoins depends on their ability to gain popularity and attention on social media.
PEPE, a popular meme coin, saw a 5% price increase last week but was overtaken by WIF to become the third largest memecoin. Despite this, more than 77% of PEPE investors were in profit, and its social dominance and positive sentiment rose. Market indicators suggested slow-moving days ahead, with high buying pressure but changing supply trends. The analysis indicated potential slow movement in the coming days, with uncertainty about PEPE's ability to reclaim its position as the third largest memecoin.
Pepe, a meme-inspired cryptocurrency, has seen a notable upward movement with an 8% uptick in value, reaching $0.000008399. It has secured the third spot among meme coins, reflecting growing investor interest in the sector. Recent market indicators suggest positive momentum, with potential for a bullish scenario reaching $0.0001, while a descent to $0.000007 is possible if negative trends persist. The Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) signal balanced market conditions and sustained investor interest, indicating potential price volatility ahead.