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Pepe Coin Whale Sparks Concerns With 1 Tln PEPE Transfer To Binance, What’s Next? Pepe coin has once again magnetized substantial investor interest across the broader crypto market, primarily with its on-chain dynamics. In the background of PEPE’s remarkable price rally today, a well-known whale has offloaded nearly 1 trillion PEPE to Binance, igniting severe concerns among crypto market participants. Although not yet confirmed to be a sell transaction, the transfer has birthed a domino of bearish sentiments on future price movements. Whale Deposits 1.1 Tln Coins To Binance According to detailed on-chain insights provided by Arkham Intelligence, the whale address 0x837 has executed a series of 3 transactions today, June 26, moving a staggering 1.1 trillion PEPE to Binance. The first two transactions consisted of 400 billion coins each, shifted to Binance. Meanwhile, the third transaction illustrated the transfer of 300 billion coins to the same exchange. Collectively, $14.42 million worth of PEPE was deposited to Binance, which, if sold at the current price, would result in a loss of $894K. Nonetheless, it’s also worth mentioning that the abovementioned whale still holds 300 billion coins. A CoinGape Media report further spotlighted the same address’s colossal 700 billion PEPE transfer to Binance yesterday. The reasons behind these transfers remain uncertain, with potential panic selling sentiment as a possible explanation, given the recent turbulence in the crypto market. Nonetheless, the sell order is not confirmed yet. In the interim, Pepe coin appears to have borne the brunt of implications generated by this transaction. After soaring to a peak of $0.00001326 today, the meme coin’s price waned, per CoinMarketCap’s data. This waning price trajectory comes in tandem with the colossal deposits to Binance today, although PEPE still traded in the green. PEPE Price Soars As of writing, the PEPE price saw a 6.06% upswing to trade at $0.0000124. The token’s 24-hour bottom was recorded as $0.00001157. #write2earn #writetoearn #pepe

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Dogecoin: Surge in $10M+ Transactions Signals Bullish Run Dogecoin’s MVRV ratio dropped to 15% recently, indicating it’s undervalued.Institutional investors boosted transactions over $10 million, anticipating a price rally.Despite bearish signals, the RSI suggests Dogecoin is in a buy zone.Dogecoin’s (DOGE) key indicators suggest a turnaround may be on the horizon, notably highlighted by a significant uptick in transactions exceeding $10 million. This surge in high-value transactions indicates strong interest from whales, who are positioning themselves ahead of anticipated price movements.In the past month, Dogecoin has faced substantial declines, losing approximately 25% of its value, and over the last 90 days, it has experienced a more pronounced drop of 33%. However, amidst these setbacks, analysts point to the Market Value to Realized Value (MVRV) ratio as a critical metric suggesting a potential bullish trend reversal. The MVRV ratio has recently plummeted to around 15% over the past 30 days. Such a low ratio historically indicates that Dogecoin is undervalued, often preceding significant price surges. Historical data further supports this pattern, illustrating instances where Dogecoin’s price surged after similar dips in the MVRV ratio. For instance, earlier this year, a sharp decline in the ratio preceded an 80% rally in Dogecoin’s price within a span of two days. This historical precedent adds weight to the current optimism surrounding Dogecoin’s potential recovery. In conclusion, while Dogecoin faces immediate technical challenges, including bearish pressure indicated by the EMA, the recent surge in high-value transactions and the depressed MVRV ratio offer compelling signals that a bullish trend reversal could be imminent. #write2earn #writetoearn #doge

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Dogecoin Price Analysis: Will DOGE Reclaim $0.15 Before June End? Dogecoin Price Analysis: The ongoing correction trend in the crypto market took a halt on Tuesday as the Bitcoin price rebounded from the $60000 support. The 2.3% jump in BTC price sparked a fresh relief rally in the altcoin market especially in volatile assets like Meme coin. The Dog-themed memecoin DOGE is up 7.3% today developing a reversal pattern at a multi-month support. Since late March, the Dogecoin price has witnessed a steady correction under the influence of flag pattern formation. The two converging trendlines acting as dynamic resistance and support have tumbled the asset value from $0.228 to $0.113 registering a 50%. If the pattern holds true, the DOGE price is under a temporary pullback which allows it to replenish exhausted bullish momentum for a higher rally. As the selling pressure in the crypto market eased, this Dog-themed memecoin stabilized above the pattern’s lower trendline at $0.113. For buyers to regain better control over this asset, a sustainable breakout from the downsloping is needed. Doing so will signal the end of the correction pattern and bolster buyers to chase a potential target of $0.175, followed by $0.228. On a contrary note, the correction trend will prolong until the two converging trendlines are intact. Technical Indicator RSI: The daily Relative Strength Index rebounded at the 30% neckline of the oversold region highlighting the increasing buying pressure for this asset after a notable correction. EMAs: The 50W Exponential Moving Average slope adds a layer of support at $0.113 to prevent further correction. #Write2Earn! #writetoearn #doge

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Big Memecoin Bounce From $PEPE, $WIF, And $TRUMP After Bitcoin (BTC) plumbed its recent depths to $58,400 on Monday, a bounce on Tuesday has followed. With this bounce the memecoins have been let off the leash. $PEPE, $WIF, and $TRUMP are among those with the biggest upside moves.Although the $BTC bounce may not be sustained, at least for the time being the memecoins are being allowed to make some hay while this Bitcoin sun is shining.$PEPE Continues Bullish UptrendPepe ($PEPE) is the biggest memecoin by market capitalization, outside of Dogecoin and Shiba Inu. Any newcomer traders who gravitate towards the memecoin space will probably be looking at $PEPE. As can be seen from the macro weekly chart of $PEPE, the price is in an uptrend and looks to be finding support on top of the 0.382 fibonacci. If the price continues to bounce from here, this would be extremely bullish. The target for $PEPE would be the 1.618 fibonacci level at 0.000022. $WIF Surges 30% In 48 Hours Dog Wif Hat ($WIF) is the biggest success story for the newcomers to the memecoin space. However, the $WIF price has taken quite a tumble since the local high of $4. That said, the bounce over the last two days has taken the price 30% higher, and it is now sat above the 0.786 fibonacci once again. A breakout of the descending trendline would also help the price to get back to $2.50. $TRUMP Best Performing Memecoin In Last Two Days Of the three memecoins mentioned in this article, $TRUMP has performed the best over the last 48 hours. From the bottom two days ago at $6.50, $TRUMP has increased 40%, and is currently at $9. As can be seen in the chart above, $9 is the 0.618 fibonacci level. The price would need to get above this level with a daily candle close and confirmation in order to keep increasing. Should this happen, the next target would be $12.38. #writetoearn #write2earn

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Buy signal for SOL, ADA, and SHIB, analyst hints The overall cryptocurrency market has been experiencing continuous downside momentum for the last few weeks, but it is now signaling potential recovery. Today, on June 25, 2024, a crypto analyst posted on X that a technical indicator, TD Sequential is indicating a buy signal for top altcoins like Solana (SOL), Cardano (ADA), and Shiba Inu (SHIB) on a daily time frame.The TD Sequential presents buy signals on the daily charts ofBuying signals for SOL, ADA, and SHIBHowever, in the last 24 hours, out of these three altcoins, SOL and ADA have experienced price surges of 7% and 3%, respectively, whereas SHIB has remained stable. Regarding the world’s biggest cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH) have also been struggling to gain momentum recently. In the last 24 hours, BTC and ETH have experienced price falls of 3.5% and 1.5%, respectively. Despite several signals or indications, the overall sentiment remains negative. Currently, Solana is trading near $134. In the last 24 hours, it has experienced a price surge of 7%, although in the last 7 days, its price is down by 3%. According to expert technical analysis, SOL is still bullish as it is moving above the 50 and 200 EMA (Exponential Moving Average). After a significant fall yesterday, June 24, 2024, If SOL gives a candle closing above $137 on a daily time frame, we may see a price surge of 12% in the coming days, potentially reaching the $152 level. Cardano (ADA) is currently trading near $0.39. In the last 24 hours, it experienced a price surge of 3.5%, and in the last 7 days, its price is up by 2%. According to expert technical analysis, ADA is looking bearish as it is moving below the 50 and 200 EMA. However, after the recent fall, it took support from a crucial demand zone and is moving upward. ADA still has the potential to surge 15% and may hit the $0.45 level if the market sentiment changes; otherwise, consolidation may continue in the market. #write2earn

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