Cryptocurrency Some whales are evaluating the fluctuations in the markets as a buying opportunity. Will they be right again? Despite many good news, the charts in crypto are not encouraging at all. Investors’ losses in altcoins are increasing in this process. So what is the latest situation for PEPE Coin, which has attracted whale attention?
PEPE Coin Whales
When you check on Etherscan, you can see that a whale who had previously made a significant profit in the last 24 hours has bought PEPE Coin again. The investor, who made a profit of 886 percent, had bought at a reasonable price in October 2023. He then earned $1.77 million. So will the same happen again? A Prize Pool Worth 21 Million TL Awaits You from BinanceTR! Participating and winning has never been easier.. You can sign up to BinanceTR from this link. Get your first crypto!
History doesn’t always repeat itself, but it’s a matter of curiosity where this whale’s motivation for buying comes from. Whales usually follow such bold steps PEPE Coin Assets like these tend to rise. A wallet affiliated with crypto asset investment management firm Ceffu also recently made $11.6 million worth of purchases, according to Lookonchain.
Maybe someone from inside future Is it pricing in a big news story? We have seen many times in the past that these kinds of abnormal demands are insider trades of big developments. At the same time, the daily active addresses (DAA) chart also tells us that we may see an increase in the price of PEPE Coin.
PEPE Coin Predictions
PEPE Coin price is just above $0.00000738 at the time of writing. BTC The sharp drop in price at the time of writing is the basis for today’s pullback. After its last attempt at $65,000, BTC has entered a period of increased sellers’ appetite and is targeting $55,000. It has dropped below $58,000 many times this week.
The key support level that the bulls need to protect is at $0.0000071, and there should be no closing below it for the rally to begin. The resistance that needs to be overcome for the rally to accelerate is at $0.0000095, which is well above the current price. If the resistance is overcome convincingly, we could see the PEPE Coin price climb to the $0.000012 target.
In the downside scenario PEPE Coin How many dollars will the bottom be? In this case, the target is $ 0.0000067. If a reaction rise comes from here, the support we mentioned above can be taken back.
Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
