LIVE๐ฑ๐ฅPepe Keeps Up with the 52% Up Bull Run What's next?
Pepe is taking center stage in the meme coin Sunday as it has risen over 52% in the last seven days, currently priced at US$0.000002699.
#pepe is approaching the break
After rising above 52% this month, Pepe is flirting with a critical break-even level that could take him to an all-time high.
Following the breaking of the trendline resistance, Pepe is approaching its high December Dec between $0.00000272 and $0.00000284.
Meanwhile, the price movement around the range support has created an inverse head and shoulders pattern, a Deceleration signal that could spell bullish momentum.
With Pepe potentially preparing for a breakout, market analyst MaxBecauseBTC suspects that โthis cycle is most likely to be a 'why didn't I buy' case.โ
Max, referring to the price charts of Dogecoin and Shiba Inu during the recent bull run, noted that both formed patterns similar to the current trajectory of Pepe, after which it rose to a market capitalization of $ 50 billion.
From Pepe's current market value of $580 million, this provides room for an 86-fold increase.
Meanwhile, Pepe's near-term price action also looks promising.Dec.
Pepe recently broke a falling wedge, which usually means an upward reversal.
Pepe has experienced explosive movements in both directions as a highly volatile entity since its inception. This poses risks for traders and shows why diversification in the meme coin sector is key
