๐Ÿ”ฅ PEPE price analysis reveals 30% gains incoming despite this key finding


๐Ÿ“ˆ PEPE has performed well despite market downtrends, bouncing 35% since its lows on 1 May. Network growth and metrics analyzed by AMBCrypto indicate accumulation and reduced sell pressure, supporting the memecoin's bullish sentiment. ๐Ÿš€

๐Ÿ“‰ The 30-day MVRV ratio turned positive as PEPE rallied 65% since mid-April lows. Mean coin age remains in an uptrend, suggesting potential for further gains unless Bitcoin sees significant downside. ๐Ÿ’น

๐Ÿ” Dormant circulation remains stable, indicating reduced token movement and selling pressure. Positive sentiment persists with a steady increase in daily active addresses and network growth, signaling potential demand increase. ๐Ÿ“Š

โณ Despite a bullish bias on the 12-hour price chart, capital outflow reflected by CMF at -0.08 raises concerns, though overall factors suggest PEPE could continue to see gains. ๐Ÿ“ˆ