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Pepe Coin (PEPE/USDT) is gaining notice after $300 million was absorbed at a key support level overnight. Investors expect a comeback after a drop. At $0.0000113, the coin's market cap is $4.7 billion. The Pepe price forecast suggests a market stabilization price rise due to technical signs indicating oversold conditions. VanEck's Mystery Post Boosts Pepe Coin Amid Market Volatility VanEck's curious frog meme on X (previously Twitter) showed a frog leading a board meeting with other animals, which boosted Pepe Coin's price. The message, labeled “Important topics were discussed at the board meeting,” fueled cryptocurrency speculation. However, social media chatter helped the currency recover and rise 11% in a week. Rapid Recovery: Pepe Coin rose 11% on social media excitement after a slump. Following its Ether ETF proposal, VanEck filed for a Solana ETF and became the first U.S. business to offer another cryptocurrency ETF. VanEck's entertaining article has improved morale in the Pepe meme community, signaling sustained interest and investment in the currency. A Pepe currency ETF seems doubtful. Pepe Price Prediction Popular memecoin Pepe (PEPE/USDT) is on the decline. Sunday's price was $0.0000113. Despite an almost 4.50% drop in 24 hours, the coin's market worth is $4.7 billion. While prices are falling, an upward trendline provides support about $0.00001085. This shows that the dip may be brief and a resurgence imminent. Technical signs are also hopeful. The coin's RSI is 40, indicating oversold, which frequently predicts a price gain. However, the 50-day Exponential Moving Average (EMA) of $0.0000118 may limit short-term gains. These important levels are being watched for buying possibilities, with a stop-loss order below $0.0000104. Based on its technical view, Pepe may rebound soon if it breaks the 50-day EMA.#IntroToCopytrading #ETH_ETFs_Approval_Predictions #MtGoxJulyRepayments
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The green rectangular shape line is a great support for it. once it bounced from there and second time we saw 600% Rally. But the problem will be liquidity and trend. Worldcoin need AI Trend again to perform strong against the market.
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Michaël van de Poppe, one of the most influential analysts of the cryptocurrency market, talked about Bitcoin and the general cryptocurrency market in his statement. According to the analyst, the total market cap chart excluding Bitcoin is actually performing well. Therefore, the analyst claims that the consolidation in question is an expected event, after which an upward bounce scenario is possible. Speaking about Bitcoin dominance, van de Poppe said that dominance may have seen its peak. In this context, the analyst believes that Ethereum ETF approvals will allow the altcoins' momentum to continue as a rotation trigger. According to the analyst, a divergence in favor of the bear was observed in BTC's dominance chart. In addition, the analyst thinks that the actual mining hash rate of the Bitcoin network has decreased. Miners are approaching the capitulation zone in a manner similar to that caused by the FTX crash. According to the analyst, the decline of miners is occurring at a pace similar to the FTX collapse period. Van de Poppe therefore argues that it is only a matter of time before the cryptocurrency market makes a comeback. In addition, the analyst, who also examined BTC's weekly candlestick chart, said that he thought the correction movement was relatively over. 🔺 Also Read: [LISTA DAO makes the world of defi easier and wants to give a lot of percentage to their holders](https://www.binance.com/en/square/post/10083484804049)#US_Inflation_Easing_Alert #MiCA #IntroToCopytrading
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Can $SHIB Do this in the bull cycle?👀👇
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#ondo usdt is bullish
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