Is PEPE about to surge? The TD sequence indicates big price fluctuations
PEPE has not been doing well lately, but some believe the price should rebound. After a period of decline, technical indicators suggest that PEPE may quickly rebound. The TD sequence has also given a buy signal, which is a price increase forecast in the eyes of traders.
Currently, the price of PEPE is $0.00001791, having risen slightly by 2% in the past 24 hours. Although the price fell last week, reversal signs are increasing. The buy signal from the TD sequence often leads to price increases, and traders are keeping a close eye on it. After all, this signal has previously led to price increases, and everyone hopes for a rebound this time as well.
Last week, the price of PEPE fluctuated between $0.00001455 and $0.0000242. The price level of $0.00002201 is crucial for the upcoming major movements. If PEPE can break through this price level, the rebound could be even stronger. The Bollinger Bands also indicate this, making it a key point to watch. Breaking through this price level could trigger the next wave of price increases.
Large transactions have decreased recently; they surged in mid-November but have now dropped. There were only 240 large transactions in the past 24 hours, possibly due to reduced interest or a consolidation phase. On-chain data also provides some clues, with about 73.60% of PEPE wallets being profitable, and there is strong support between $0.000011 and $0.000013.
However, 22.44% of wallets are at a loss, and there is resistance around $0.000019 to $0.000022. These holders may sell to recover losses, which could hinder the rebound. The Bollinger Bands also confirm these key price levels. It seems PEPE is preparing for a rebound.
Don't be blinded by short-term fluctuations; Sister Qi is here to guide you, revealing a potential coin with a projected increase of ten times or more! Follow Sister Qi to navigate out of confusion and towards financial freedom! Like + comment for free sharing!
