Pepe Coin Price Prediction Hints 200% Surge If This Pattern is Validated

Pepe Coin price recently dropped below a key support level but saw increased whale activity. Large withdrawals signal potential future gains.

PEPE coin price found support at the 61.8% Fib retracement level.

Net negative exchange flows reveal investors are hoarding PEPE.

Pepe whales acquired 868.64 billion tokens yesterday, suggesting a potential price increase.

Pepe Coin price suffered over the weekend as it dropped below a crucial support level. Nevertheless, whale activity increased as an on-chain analytics firm noticed some large investors from Kraken picking billions of PEPE. Could they have some insight into the future PEPE? Technical analysis reveals they may be onto something, as the completion of this pattern could catapult Pepe 200% into the price discovery zone.

If PEPE bulls lose this level of bears it will be a show of great weakness and may invalidate the current bullish thesis. The Pepe Coin price may drop lower to test the next lower support level around $0.00000475, a 35% drop from the current price.