#PEPE What Did Whales Do? It has been observed that the price of Pepe is heavily influenced by whale addresses as they tend to hold the majority of the circulating supply. This is both a blessing and a bane as they dictate price action for the rest of the investors. Currently, their dominance is a blessing because over the last few days these whales have been adding more and more tokens to their wallets. Major wallet holders purchased more than 4 trillion PEPE worth over $20 million in the last ten days alone. PEPE price has a chance to recover as medium-term holders tend to avoid selling for at least 12 months. PEPE Price Prediction: Frog May Jump 60%. This bullish pattern, also known as a falling wedge, is characterized by a narrowing price range and decreasing highs and lows, indicating a potential upside breakout. Based on this formation and bullish cues from traders, the target is set at 60% above the breakout point at $0.00000633 after a potential breakout. This would result in memecoin not only surpassing the $0.00001000 mark but also establishing new all-time highs. However, if PEPE price drops and loses the $0.00000474 support before it can break out, it will invalidate the bullish thesis. As a result, the frog meme token will fall below $0.00000400.
$SHIB $WIF In 1929 the stock market crashed 90% In 1973 the stock market crashed 50% In 1987 the stock market crashed 35% In 2008 the stock market crashed 55% In 2020 the stock market crashed 35% And recovered to all-time highs each and every time. Since 1926, the stock market has returned an average 10.5% per year. Never let short-term fear control long-term decisions. - Stay updated with Professor Mende #WIF #etf #BinanceLaunchpool #bitcoinhakving #SHIB
For several cycles, and especially this one, the Weekly Parabolic SAR has been a pretty accurate #Bitcoin bottom indicator with each bearish flip.
The Parabolic SAR dots flip to the upside or downside once price passes their mark.
Bearish flips (blue arrows) normally seem... bearish, but the Weekly time frame causes this to lag and each flip has perfectly coincided with the weeks of local lows this bull market.
All local lows this cycle have lined up perfectly with the first bearish flip.