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Despite Market Chaos, PEPE Price Stays Bullish! What Comes Next?


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Pepe (PEPE) is showing signs of a potential 60% rally as it tests a sliding resistance level, fueled by significant whale purchases.

Successful breakouts may lead to a substantial 56% upward advance as whales accumulate during dips. However, caution is advised, with the bullish outlook dependent on maintaining support at $0.00000581.

Recent price movements suggest Pepe's consolidation phase may be ending, potentially signaling a trend reversal. Confirmation of a breakout is crucial before anticipating further gains.

Pepe price has oscillated between $0.00000581 and $0.0000109 for seven weeks, with a potential retest of the flipped range low indicating a possible uptrend continuation.

A decisive break above the declining resistance level could drive Pepe towards $0.00000835, with a surge in buying activity potentially pushing the price to $0.0000109, representing a significant gain.

Long-term investor sentiment is improving, with the 30-day MVRV indicating a shift in favor of acquiring discounted altcoins from short-term sellers.

While the outlook for Pepe remains bullish, a breach of support at $0.00000581 could challenge the bullish narrative, potentially resulting in a 15% decline and retesting of lower support levels.

 
 

Pepe Token Nedir, Nasıl ve Nereden Alınır_ _ Binansal.jpg

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