Pepe Coin Price Alert: Is a Surge on the Way?
YEREVAN (CoinChapter.com) — A recent analysis by the trader and analyst known as Bluntz reveals that Pepe Coin, an Ethereum-based memecoin, shows an ascending triangle pattern on the eight-hour chart.
The pattern is typically bullish in the cryptocurrency market, suggesting potential upward movement in Pepe Coin’s price.
Bluntz Capital: Channel Breakout Predictions for Pepe Coin. Source: @Bluntz_Capital
Bluntz notes that Pepe Coin has successfully converted previous resistance levels into support. This change is significant as it often precedes price increases. The memecoin’s ability to maintain these support levels suggests a stable upward trajectory, contrasting its previous lag behind other memecoins.
Crypto Trading Analysis. Source: X
Bluntz projects that Pepe Coin could see a 15% rise from its current price of $0.00000908. This potential increase follows a substantial gain of 937% from its February low of $0.000000875.
Arthur Hayes’ Move Boosts PEPE Coin: Potential for Major Gains Amid Market Rally
Moreover, Arthur Hayes recently highlighted PEPE alongside other meme cryptocurrencies, notably withdrawing a substantial amount from Binance, which has piqued further investor interest.
Consequently, as the crypto market continues its robust upward trend—underscored by Bitcoin’s rise to $65,000—PEPE Coin is well-positioned for potential breakthroughs at critical resistance levels. As market enthusiasm persists, this could lead to gains exceeding 90%.
Arthur Hayes Endorses Meme Coins: A Closer Look at His Latest Moves. Source: @lookonchain Approaching Key Resistance
In addition, Pepe coin has hit a crucial resistance level at $0.000011. Breaking through this could elevate its price to $0.000012, and potentially even to $0.000015 amid a strong market rally. As well, if the momentum continues, Pepe might achieve a value of $0.00002, marking an increase of over 91%.
Pepe Coin’s Bullish Surge: A Technical Analysis on TradingView. Source: TradingView
Recent technical analysis indicates a significant uptick in PEPE’s value. The Relative Strength Index (RSI) stands at 73.82, signaling that the coin is in overbought territory—an indicator of continued investor interest and possible further gains.
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