PEPE rose 30 percent from the bottom: Is the risk over?

PEPE, a popular memecoin on the #Ethereum blockchain, rose nearly 30 percent from the bottom it created on December 20.
PEPE fell 33 percent between December 18 and December 20. Following the decline, $PEPE fell to $ 0.00001441, creating a potential bottom. The popular memecoin bounced off $ 0.00001441 as the #Bitcoin ($BTC ) price began to recover.
AMBCrypto analyzed PEPE's price movements in the last 24 hours. The analysis emphasized that the potential rise could continue.
PEPE made a major price correction last week. According to AMBCrypto's analysis, PEPE, which showed signs of recovery after the correction, turned positive in metrics.
A 39 percent increase was observed in PEPE's trading volume. The analysis suggested that the increase in trading volume was a bullish signal.
While exits from central exchanges increased, the volume reaching $5 billion attracted attention. According to Santiment's data, buying pressure on $PEPE has started to increase recently.
AMBCrypto made the following statements; "As buying pressure increases, confidence in a token also increases, which leads to price increases."
In addition to the buying pressure, the fear and greed index also gave an upward signal. According to the analysis, the selling pressure has ended in PEPE, which reached the "extreme fear" phase with a value of 24 percent.
Despite the positive data, whales were observed to sell their PEPE. #AMBCrypto warned that whales could create selling pressure.
The analysis stated that the Relative Strength Index (RSI) increased, reflecting the buying appetite.

Rally signal for Chainlink (LINK): What are they aiming for?

Popular #Oracle project #chainlik is approaching a potential breakout, accompanied by whale transactions.
A Chainlink whale withdrew $2.95 million worth of LINK from Binance in 24 hours. The whale, who withdraws LINK from the exchange at regular intervals, transferred 529,999 LINK from Binance to his personal wallet in three days.
LINK recently faced a potential correction after rising to $30.5. During the correction, LINK was seen falling to $27.5.
AMBCrypto reported that whale signals indicate a possible rise.
Chainlink (LINK) struggled to maintain its upward momentum but could not sustain above $30. The Chainlink whale turned the declines into a potential buying opportunity.
According to Lookonchain, a whale bought $LINK regardless of the price. The whale has withdrawn 100,000 LINK from Binance in the last 24 hours. #AMBCrypto evaluated the whale's move as follows;
“When whales tend to accumulate, this usually means that the whales will hold the asset for the long term. Large wallets withdrawing LINK from exchanges reduces potential selling pressure, and thus, if demand increases, a bullish signal is created.”
IntoTheBlock stated that $LINK whale activity increased by 41.5 percent the other day, and that this increase reflected active participation in Chainlink. AMBCrypto's analysis stated that increasing whale accumulation is a bullish signal, but LINK is still in the correction phase.
The analysis included the following statements; “Simply put, Chainlink is attracting interest from both whales and individual investors. If this bullish sentiment continues, the LINK price could break the $30 resistance. If this resistance is broken, the next target for LINK will be $32.2.”
AMBCrypto also warned that LINK could drop to as low as $26.9 if selling pressure increases.