PEPE and BNB Price Prediction!!!!
PEPE Price Prediction Hints at Bullish Breakout to $0.0000375
PEPE recently recorded a bullish breakout, fueling growing optimism among traders. On December 1, 2024, the PEPE chart formed a flag and pole pattern, indicating a potential price growth of 75% to $0.0000375. In addition, technical indicators such as the 200 EMA support a positive price prediction for PEPE, highlighting room for further growth.
Whale activity also boosts investor confidence in PEPE’s future. From November 16 to 30, $341.5 million of PEPE flowed out of exchanges, highlighting investor optimism. However, trading volume has dropped by 10%, indicating cautious market sentiment, despite the crypto market’s uptrend.
PEPE was trading around $0.000027 on December 9, with bullish signals forming on its technical chart. Several signals indicate a decline in the downward momentum. If buying pressure increases, PEPE could surge to $0.000031.
On the other hand, renewed selling interest could push PEPE to $0.000021. Thus, the PEPE price prediction suggests that bulls have regained control of the market.
BNB Price Prediction: BNB Breaks 8-Month Resistance Towards $800 Target
BNB broke through an eight-month resistance on December 4, 2024, reaching a new all-time high above $790. The rally resulted in $5.26 million in liquidations, split between $3 million for short positions and $2.26 million for long positions. This scenario highlights the immense market volatility.
Technical indicators validate the strength of this breakout, with the Average Directional Index (ADX) surpassing the 25.0 threshold, highlighting strong momentum. BNB broke through key resistance at $572-$619 and is now targeting $800 as the next important milestone.