Arbi Pepe narxPEPE

Pepe [PEPE] has recently experienced fluctuating market activity, driving some whales to sell off some of their holdings. But, a whale recently withdrew 375.35 billion $PEPE worth $3.71 million from Binance. Has this affected PEPE’s price in any way? Diving into the analysis, PEPE/USDT on Bybit showed a slight recovery after a recent downtrend. The price reached a low of $0.012238 and has since rebounded to $0.013036, reflecting a 3.33% increase. However, the overall structure remains weak, with resistance at $0.0135. Also, the RSI sat at 56.15, suggesting neutral momentum but leaning towards overbought conditions if buying pressure continues. The Funding Rate was at 0.0063, showing a slightly positive sentiment in the derivatives market. However, given the recent price dip and the lack of strong bullish momentum, PEPE may struggle to sustain upward movement unless more buying pressure emerges. Diving into the analysis, PEPE/USDT on Bybit shows a slight recovery after a recent downtrend. The price reached a low of $0.012238 and has since rebounded to $0.013036, reflecting a 3.33% increase. However, the overall structure remains weak, with resistance at $0.0135. Significantly, the number of new and daily Active Addresses has declined. According to IntoTheBlock, New Addresses decreased by 25.14%, while daily Active Addresses dropped by 10.73%. This trend suggests a waning interest in PEPE, potentially weakening its long-term sustainability. If this decline continues, PEPE could experience reduced demand, making it susceptible to further price corrections. However, if activity stabilizes, it could indicate a market bottom, potentially leading to accumulation before another bullish cycle. Analyses of the Bulls and Bears highlight an ongoing battle between buying and selling pressure. The latest data indicates 132 bulls versus 127 bears, reflecting a nearly balanced sentiment. However, the red dominance in the lower section of the chart suggests that bears have maintained consistent selling pressure. The net difference between bullish and bearish addresses has fluctuated, with bearish sentiment intensifying over time. While bulls have occasionally pushed prices up, sustained bearish momentum has prevented prolonged uptrends. If bears continue to dominate, PEPE may struggle to maintain gains, leading to further price retracements. For traders, monitoring shifts in bull-to-bear ratios remains crucial. A strong uptick in bullish sentiment could signal a reversal, while sustained bearish control may indicate further downside potential. PEPE faces mixed signals across multiple indicators. While recent price action shows a minor recovery, whale activity may impact future movements. If buying activity increases and active addresses recover, PEPE could see renewed momentum. However, if whale activity leads to further sell-offs, the token may face additional downward pressure in the short term.$PEPE

Dogecoin price has shown sharp strength in the past few years after hitting rock bottom levels during the bear market. Bears have struggled to cap the rally every time the price tried to establish a strong uptrend. As a result, DOGE price has been consolidated below $0.1 for a long time. However, after the latest rally, a new ATH seemed imminent, but the current trading setup suggests that a 20% pullback is quickly approaching. DOGE Price Follows PEPE's Footsteps After Dogecoin and Shiba Inu, Pepe has managed to attract huge attention and become the third-largest memecoin by market cap in a very short time. Since then, PEPE price has been showing progressive moves. Meanwhile, the pattern that Dogecoin has been following in the past few months has been repeated by PEPE. This hints at a likely pullback if the upper memecoin closely replicates the PEPE price rally. The charts above show a comparison between both price patterns, which suggests that the DOGE price is closely tracking the PEPE price, which has been consolidating around the ATH for some time. Meanwhile, the price failed to defend the support near $0.000017, which resulted in a 30% pullback, hitting a local bottom near $0.0000114. Currently, the DOGE price has reached local support, and if the bulls fail to initiate a bounce, it could face a 20% pullback. What's Next for the Dogecoin (DOGE) Price Rally? After the latest pullback, the Dogecoin price has fallen below the ascending trendline, which acted as a strong support. Moreover, the price is unable to regain the lost levels, which could raise concerns about the next price action. Therefore, the DOGE price looks set to lose the support at $0.3 very soon. As can be seen in the chart above, the DOGE price is facing increased upward pressure that may drag the levels towards the support zone between $0.29 and $0.309. Since the RSI is decremental and below the descending trendline, bearish targets have been triggered for the price. Therefore, the DOGE price is expected to fall below $0.3 and reach $0.246 at 0.382 FIB. This may happen when the RSI may reach the lower threshold. If the levels trigger a rebound, the Dogecoin price may bounce back and rise above $0.3 again, otherwise, a drop to $0.2 may be inevitable. $DOGE

pepe is also useless coin wtf 😡

$PEPE The blue support line must hold for this uptrend to unfold. #pepe #memecoin

Three whales have accumulated a total of $16.34 million in WIF and PEPE in the past 11 hours According to Spot On Chain monitoring, many whales hoarded WIF and PEPE from Binance today: 1. The whale "0xf37" withdrew 375.35 billion PEPE (US$3.73 million) 3 hours ago, which was t…