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Pepe's price could experience a "super bullish breakout," according to analysts. This week, Pepe's price has surged alongside Bitcoin's recovery, which climbed from a low of $53,700 to over $65,000. The Pepe token hit a low of $0.00000767 on July 5 but has since increased by 57%, reaching $0.000012 on Thursday—its highest level since June 28.click here for BONK reward https://s.binance.com/7bqmBtiP 🎁😁
Analysts are optimistic about Pepe's price trajectory, noting it has become the most actively traded meme coin. Data shows Pepe's trading volume soared to over $1.2 billion on Thursday, surpassing Dogecoin's $734 million and Shiba Inu's $814 million. Coinglass data also reveals that open interest in Pepe futures has reached its highest level since June 7, totaling $148 million, primarily on OKX and Bitget. Open interest can be a strong indicator of future cryptocurrency price movements.
Additionally, some large investors, known as whales, are buying Pepe, which signals confidence in its potential rebound. One whale purchased 1.39 trillion Pepe tokens valued at $16.7 million on Thursday, while others acquired 44.9 billion and 28.3 billion tokens this week. Whale accumulation is often seen as a positive sign for a cryptocurrency. Another analyst noted that Pepe is on the verge of a "super bullish breakout."
Meanwhile, predictions for Bitcoin's price are also bullish. In a social media post, Ki Young Ju pointed out that stablecoin inflows have increased, pushing their market caps to a record high of over $135 billion. The growth of stablecoins is a positive indicator since they are often used to purchase cryptocurrencies. Another analyst previously predicted that Bitcoin's price could rise to $220,000, citing the nearing end of Bitcoin miner capitulation that has occurred over the past few weeks.
#PEPE_EXPERT #PepeCoinToTheMoon
$PEPE
Analysts are optimistic about Pepe's price trajectory, noting it has become the most actively traded meme coin. Data shows Pepe's trading volume soared to over $1.2 billion on Thursday, surpassing Dogecoin's $734 million and Shiba Inu's $814 million. Coinglass data also reveals that open interest in Pepe futures has reached its highest level since June 7, totaling $148 million, primarily on OKX and Bitget. Open interest can be a strong indicator of future cryptocurrency price movements.
Additionally, some large investors, known as whales, are buying Pepe, which signals confidence in its potential rebound. One whale purchased 1.39 trillion Pepe tokens valued at $16.7 million on Thursday, while others acquired 44.9 billion and 28.3 billion tokens this week. Whale accumulation is often seen as a positive sign for a cryptocurrency. Another analyst noted that Pepe is on the verge of a "super bullish breakout."
Meanwhile, predictions for Bitcoin's price are also bullish. In a social media post, Ki Young Ju pointed out that stablecoin inflows have increased, pushing their market caps to a record high of over $135 billion. The growth of stablecoins is a positive indicator since they are often used to purchase cryptocurrencies. Another analyst previously predicted that Bitcoin's price could rise to $220,000, citing the nearing end of Bitcoin miner capitulation that has occurred over the past few weeks.
#PEPE_EXPERT #PepeCoinToTheMoon
$PEPE
PEPEUSDT Analysis:
#PEPE_EXPERT Will It Go Lower?
Short Answer: It’s likely that PEPEUSDT might go lower next week. 📉
Here’s Why:
Current Trends: The price is dropping on the weekly chart, which means it’s been going down for a while.
Indicators:
* RSI (Relative Strength Index): This is a number that tells us if a coin is overbought or oversold.
PEPE’s RSI is low, which means it’s oversold.
Normally, this might suggest a bounce back, but the overall trend is still down.
* Stoch RSI: This also shows low numbers, indicating that PEPE is oversold, but it’s not enough to confirm a price increase yet.
What to Watch For:
-Support Levels: If the price stays above certain levels, it might not drop much further. But if it breaks these levels, it could go lower.
-Market News: Bad news can push the price lower, while good news might help it bounce back.
Conclusion:
***Short Term (This Week): PEPE might go up a little because it’s oversold.
***Next Week: If the downtrend continues, PEPE could go lower.
Always remember to do your own research and don’t invest more than you can afford to lose! 📚
#BTCMarketPanic #BinanceSquareFamily
$PEPE
#PEPE_EXPERT Will It Go Lower?
Short Answer: It’s likely that PEPEUSDT might go lower next week. 📉
Here’s Why:
Current Trends: The price is dropping on the weekly chart, which means it’s been going down for a while.
Indicators:
* RSI (Relative Strength Index): This is a number that tells us if a coin is overbought or oversold.
PEPE’s RSI is low, which means it’s oversold.
Normally, this might suggest a bounce back, but the overall trend is still down.
* Stoch RSI: This also shows low numbers, indicating that PEPE is oversold, but it’s not enough to confirm a price increase yet.
What to Watch For:
-Support Levels: If the price stays above certain levels, it might not drop much further. But if it breaks these levels, it could go lower.
-Market News: Bad news can push the price lower, while good news might help it bounce back.
Conclusion:
***Short Term (This Week): PEPE might go up a little because it’s oversold.
***Next Week: If the downtrend continues, PEPE could go lower.
Always remember to do your own research and don’t invest more than you can afford to lose! 📚
#BTCMarketPanic #BinanceSquareFamily
$PEPE
🟢BTC/USDT UPDATE:
🟢BTC is now trading around 56.3k. Bitcoin is dumping after breaking down the rectangular zone. So the Possible scenarios are If the price dumps and breaks down the support zone, we may see more dumps and the price may move towards the lower support zone. Otherwise If the price bounces back from the current support zone then we can see bullish momentum in it. Another bullish sign is that RSI divergence has also formed which is a bullish sign. Stay tuned with us for further updates
#MarketDownturn
$BTC
🟢BTC is now trading around 56.3k. Bitcoin is dumping after breaking down the rectangular zone. So the Possible scenarios are If the price dumps and breaks down the support zone, we may see more dumps and the price may move towards the lower support zone. Otherwise If the price bounces back from the current support zone then we can see bullish momentum in it. Another bullish sign is that RSI divergence has also formed which is a bullish sign. Stay tuned with us for further updates
#MarketDownturn
$BTC
Amid the macroeconomic climate and yesterday's market downturn, #Binance recorded a net inflow of US$1.2 billion in the past 24 hours, according to @DefiLlama's CEX Transparency metrics.
This marks one of the highest net inflow days of 2024, indicating strong investor confidence.
Yesterday also saw one of the highest trading volumes on Binance year-to-date.
We are now witnessing a rebound in major token prices, with current market trends validating this. 📈🔥
This marks one of the highest net inflow days of 2024, indicating strong investor confidence.
Yesterday also saw one of the highest trading volumes on Binance year-to-date.
We are now witnessing a rebound in major token prices, with current market trends validating this. 📈🔥
Presently, $PAAL has validated its support at 0.15$ and is progressing towards our next target of 0.56$ with considerable volume. We also expect $BTC to remain bullish.
The last rally resulted in 32x gains as per our tracking.
The last rally resulted in 32x gains as per our tracking.
The upcoming weeek is going to be crazy for crypto market!🤞🤞
#Megadrop #BinanceLaunchpool #CZBİNANCE
#Megadrop #BinanceLaunchpool #CZBİNANCE
After Bitcoin halving all eyes on Bitcoin 👀
Still Respectable Range.
But once the dust settles, altcoins will go much higher and no one can stop it 🔥
Adding some Alts at cheap discounted prices in parts only 🔠
Every Alts is down a lot since after Halving, but only a few have diamond hands 💎
Again Patience Hodle Tight 😎❤️
$BTC $ETH $BNB
#BinanceLaunchpool #ScamRiskWarning #bitcoinhalving #Token2049 #Memecoins
Still Respectable Range.
But once the dust settles, altcoins will go much higher and no one can stop it 🔥
Adding some Alts at cheap discounted prices in parts only 🔠
Every Alts is down a lot since after Halving, but only a few have diamond hands 💎
Again Patience Hodle Tight 😎❤️
$BTC $ETH $BNB
#BinanceLaunchpool #ScamRiskWarning #bitcoinhalving #Token2049 #Memecoins