PEPE is ready to hit new all-time highs!
Pepe is the best of this round of crypto tokens.
In early May, Pepe broke out of an "inverse head and shoulders" pattern and reached a high of 0.0000179. However, since then, buyers have cooled down and the token price has entered a stable period.
There are two reasons that Pepe may have bottomed out and is ready to hit new all-time highs again.
First, technical indicators: Pepe's daily chart shows a positive MACD crossover signal. This signal is quite reliable, especially in the long term. Data shows that in similar situations, there is a 70% probability that the price will rise by more than 10%.
Second, chart pattern: Pepe has formed a beautiful U-shaped bottom on the daily chart, with the bottom at 0.00001.
If Pepe continues this trend and is supported by positive indicators, it is likely to reach its previous all-time high again.
Based on the current price level, this means there is a 35% to 40% profit margin.
As I said, at this stage, we are planning some good currencies
If you are interested and want to witness the strength
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I will not let my fans miss out in this bull market! This is the truth
