PEPE will soon break through the resistance level. Is it worth buying at the current price of $0.000008?
PEPE is now in a descending wedge pattern, but strangely, it is still rising slowly. I heard that it may rise by 100% later, which sounds very shaky.
We have to talk about the risk-return ratio of PEPE. It is only 0.3. Although it is a positive number, it is really not high. You may not make much money by investing in it. What's worse is that those whales don't play it much anymore. The trading volume has dropped by 60%, which is simply a big dive!
PEPE rose by 11% in four days, which is not as good as the wif next door, but compared with its previous performance, it is just a small fight. Why is it rising so slowly? It's because the big guys don't play anymore. So, investing in PEPE now feels like throwing money into the water, and it can't even splash.
If PEPE wants to break through the descending wedge, it's difficult! Why? Because new players have no motivation to buy, the big guys don't play anymore. It's like a game without spectators. No one cheers no matter how exciting it is.
Investing in it now has a small return, so it's not worth it.
The current price of PEPE is 0.000008 US dollars. Although it has broken through the resistance level of 0.7, it is really hard to say whether it can continue to rise in the future. Although it can theoretically rise by 80%, the reality may be very skinny, after all, those bad signs are there.
You can't say for sure. What if PEPE suddenly becomes popular? Just like before, everyone starts to chase it again, and the price will soar. But in general, if you invest in PEPE now, you still have to have a bottom line in your heart, don't hold too much hope. Investing in Bome is also a good choice, and its market value is lower than that of PEPE.
I will announce the specific big moves later. Look at the comment area and share it for free!
