Pepe’s (PEPE) recent price action suggests that its consolidation could be coming to an end, but a breakout confirmation is required before PEPE shoots up.
Pepe price shows signs of a potential comeback as it retest the a declining resistance level. A successful breakout could kick-start a 56% move to the upside as whales continue to accumulate on dips. A breakdown of the $0.00000581 support level will invalidate the bullish thesis for the meme coin.
well-beyond the range high and into a new yearly high. in the past month is at 4.86%. This relatively neutral number has recovered from -28.97% on April 13, indicating that the short-term buyers were underwater. Typically, long-term or value investors tend to accumulate the altcoins sold at a discount by short-term investors who are underwater. Considering that
-day MVRV Further adding credence to this accumulation from whales is the Whale Transaction Count , which shows clear spikes around April 13, when
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