Forecast for PEPE🐸 cryptocurrency:
![](https://public.bnbstatic.com/image/pgc/202406/37de1488634ba210edc8848cc6b9d4ff.png)
✅ The chart shows that PEPE remains in the resistance zone of $0.00001418. A break of this level could lead to further growth to $0.00001762, which represents an increase of 101.81%.
🤢 However, if it falls below the support of $0.00000870, a correction is expected to $0.00000401, which would be a decrease of 68.17%.
On-Chain Analysis for $PEPE cryptocurrency:
Number of active addresses: PEPE is in use, with the number of holders increasing to 175,000 addresses in the last two weeks.
New addresses: The increase in new holders is approximately 25,000 over the past two weeks, indicating growing interest in the token.
Transaction Volume: Transaction volume shows a high level of activity on the platform, which confirms the interest of market participants.
Net Flows: Net capital inflows indicate a positive flow of funds into the token, which supports the current bullish trend.
Net Large Holder Flow: Large holders holding at least 0.1% of working capital continue to accumulate tokens, indicating long-term confidence in the project.
Exchange reserve: The reserve of tokens on exchanges remains stable, which reduces the likelihood of a sharp drop in prices due to massive sales.
Taker Buy/Sell Ratio: Buyers outnumber sellers, indicating an uptrend.
Level of liquidity: High level of liquidity ensures ease of trading and price stability.
Addresses MAKE PROFIT, Addresses BREAK EVEN, Addresses LOSE MONEY: Approximately 86% of addresses are in profit, which supports confidence in the token.
INFLOW AND OUTFLOW OF SMART MONEY: Smart money inflow remains high, which supports the price increase.
Network participation indicators: A high level of network activity confirms interest in the token.
Number of Staking Nodes: The project is actively developing staking nodes, which contributes to long-term stability.
Token distribution: Tokens are distributed between holders and staking, which reduces the risk of manipulation.
Developer activity: Developers are actively working on the project, as evidenced by frequent updates and improvements.
Social activity and acceptance: A high level of social activity and acceptance confirms interest in the project.