PEPE News: Trading Volume Surge Indicates Possible $1 Target with Whale Accumulation
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The cryptocurrency market is always abuzz with new developments, and PEPE is no exception. Recent data suggests that the meme coin could be gearing up for a significant move, with whales potentially accumulating in preparation for a breakout. Here's a closer look at what's happening with PEPE.
PEPE Trading Volume Surges 164% - Whales Preparing for $1 PEPE?
The PEPE price has experienced extreme volatility in February, with a recent 164% surge in trading volume to $983 million, indicating possible whale activity. Despite a brief dip below $0.000009, the meme coin has recovered and is currently consolidating for its next move. A falling wedge pattern forming since December suggests a potential breakout, with whales possibly accumulating in preparation. The pattern's lower bound has been affirmed as support, marking a potential bottom.
Analyst Predicts Potential 150% Rally in PEPE Price After Breaking Key Resistance
A crypto analyst has predicted that the PEPE price could surge towards new all-time highs with a 150% rally if it decisively moves above key resistance levels. The PEPE price is currently trading within a Falling Wedge pattern, a historically bullish indicator, suggesting an imminent breakout. Despite being in a downtrend over the past few weeks, the popular frog-themed meme coin Pepe could see significant gains if it breaks out of its current pattern.
PEPE Struggles to Recover as New Meme Token Pepeto Approaches $5 Million Presale
PEPE Coin continues to struggle in its recovery efforts, facing strong resistance from investors who are shifting their focus towards emerging meme tokens. Despite attempts to regain momentum, recent sell-offs have led to liquidity outflows, dampening market sentiment. Meanwhile, Pepeto, a new meme token, is rapidly approaching a $5 million presale milestone, attracting significant investor interest. The God of Frogs, Pepeto Himself, has shared a message of triumph and faith for the loyal Pepeto Army, highlighting the flawless progress of the roadmap and the achievement of every milestone.
