,The altcoin market is already reacting to the bitcoin halving. The quadrennial event known to be a major trigger in the markets took place last weekend. Just six days later, some tokens are experiencing exceptional growth rates. Among them, the PEPE cryptocurrency. Let’s take a look at the current trends of the token.
The PEPE crypto finds a support level at $0.00000463
In our recent article on 10 gems under $0.1 to watch, we had suggested PEPE. The recent trend of the cryptocurrency has proven us right. Indeed, for those who have closely followed the evolution of PEPE’s price, you would have certainly noticed that the token had recently experienced a sharp decline. It had gone from $0.0000108 to $0.00000393.
,山寨幣市場已經對比特幣減半做出了反應。這一四年一度的事件被認為是市場的主要觸發因素,這一事件發生在上週末。僅僅六天后,一些代幣就出現了驚人的成長率。其中,PEPE加密貨幣。讓我們來看看該代幣的當前趨勢。加密貨幣最近的趨勢證明我們是對的。事實上,對於那些密切關注 PEPE 價格演變的人來說,您肯定會注意到該代幣最近經歷了急劇下跌。它從 0.0000108 美元漲到 0.00000393 美元。
This downward correction was a hard blow for several investors. However, six days after the bitcoin halving, the trend has reversed, and the price of the crypto has risen rapidly. Its price has increased by 47% in less than a week, thus causing a systematic reversal on the daily chart.
The crypto is currently trading at the price of $0.000008. It has now found a new support level at $0.00000463. Should one invest in it now or is it too late?
這次向下調整對一些投資者來說是一個沉重的打擊。然而,比特幣減半六天后,趨勢逆轉,加密貨幣的價格迅速上漲。其價格在不到一周的時間內上漲了 47%,從而在日線圖上引起了系統性反轉。目前已找到新的支撐位 0.00000463 美元。現在該投資還是太晚了?
GMIt's going in the right direction by @markusmanson #PepePaint pic.twitter.com/x2SF74M0Vv— Pepecoin (@pepecoins) April 22, 2024GM@markusmanson #PepePaint pic.twitter.com/x2SF74M0Vv — Pepecoin (@pepecoins) 2024 年 4 月 22 日,它正朝著正確的方向發展
Will the PEPE crypto reach the global resistance level of $0.0000108?
This rise in PEPE’s price occurs as whales have accumulated very large quantities of the cryptocurrency. Indeed, the analysis of recent on-chain data has revealed that a whale alone has accumulated 211.6 billion PEPE tokens for $1.72 million.
These purchases have allowed it to make an unrealized profit of $173,000, which is an 11% return. PEPE owes its definitive exit from its resistance zone to this whale. And when considering the ascending chart of the crypto and the accumulation by whales, it feels like PEPE has embarked on a long-term recovery.
If this assumption holds true, we will not be surprised to see the price of the crypto reach the global resistance levels of $0.0000092 followed by $0.0000108. PEPE is clearly a cryptocurrency to keep a very close eye on in the coming weeks.
PEPE 加密貨幣會達到 0.0000108 美元的全球阻力位嗎?事實上,對最近鏈上數據的分析顯示,僅一頭鯨魚就以 172 萬美元的價格積累了 2116 億個 PEPE 代幣。 PEPE 能夠最終退出阻力區要歸功於這頭鯨魚。當考慮到加密貨幣的上升圖表和鯨魚的累積時,感覺PEPE已經開始了長期復甦。美元。 PEPE 顯然是未來幾週值得密切關注的加密貨幣。