A triangular flag pattern indicating a price increase has appeared on the PEPE chart; although there is currently little selling pressure, the price may still adjust slightly.
Last week, PEPE investors were overjoyed as they made substantial profits. The recent price surge has brought the meme coin to a very important level. Everyone is guessing whether PEPE can break through this level and potentially double in price, increasing by 200%?
It seems that PEPE is really about to take off! Last week, those buying PEPE clearly had the upper hand, as the price of the meme coin rose by over 21% in just seven days. Even more astonishingly, in the last little bit of time, its price increased by 5%.
Currently, the price of PEPE is $0.00001098. Because the price has increased so much, over 243.5 thousand PEPE investors have made money, which accounts for more than 77% of all PEPE investors.
The PEPE chart shows a pattern that indicates a price increase. This pattern appeared in March, and since then, the meme coin has been gradually rising.
Now, the price of the meme coin is fluctuating within a very small range, trying to break through the resistance of that pattern. If it breaks through, investors may be pleasantly surprised to find that the price could rise by 200% in the coming months! So can it really break through? I looked at some data on PEPE to find some clues.
According to our analysis, the buying pressure for PEPE is increasing. There are more PEPE coming in from outside the exchanges and fewer inside the exchanges, which is evidence.
Moreover, AMBCrypto reported that major holders of PEPE previously bought $5.07 million worth of PEPE on Binance, which is about 535.81 billion tokens. This indicates that they have a positive outlook on the meme coin.
However, the major holders currently have slightly less meme coin, possibly because of the price increase, as they want to sell a bit.
Currently, I have identified a potential dark horse coin that is about to soar, and doubling is just an easy leap! A more ambitious goal is to carefully select a batch of potential coins that are expected to explode before the end of the year. I will announce the specific moves internally, find me by clicking on the avatar
