#PEPE: What Are Whales Doing?
The price of Pepe is strongly affected by whale addresses since they control most of the circulating supply. This can be good or bad for other investors because whales influence price movements.
Right now, their influence is positive, as these whales have been increasing their holdings over the past few days. In the last ten days, major holders bought more than 4 trillion PEPE tokens, worth over $20 million.
Thereâs a chance for PEPEâs price to bounce back, as medium-term holders typically avoid selling for at least 12 months.
**PEPE Price Prediction: Could the Frog Jump 60%?**
A bullish pattern called a "falling wedge" has emerged, which shows narrowing price ranges and lower highs and lows, suggesting a possible breakout upward. If this happens, PEPE could see a 60% jump from the breakout point, aiming for $0.00000633. This could push the token past $0.00001000 and even to new all-time highs.
However, if PEPE falls below the $0.00000474 support level before breaking out, this bullish outlook will be invalid. In that case, the token could drop below $0.00000400.#Write2Earn! #PEPE_EXPERT #Write2Earn! #pepe⥠#Write2Earn!
