Pepe Coin Experiences Notable Surge

佩佩幣經歷了顯著的飆升

Amidst recent market volatility, Pepe Coin (PEPE) has witnessed a remarkable price increase this week. The token initially encountered resistance at its previous all-time high of $0.0000108, resulting in an 18.8% price drop to $0.00000943. However, with Bitcoin hovering around $67,000, PEPE's price has teetered between maintaining its uptrend and entering a corrective phase.

在最近的市場波動中，佩佩幣（PEPE）本週出現了顯著的價格上漲。該代幣最初在先前的歷史高點 0.0000108 美元處遇到阻力，導致價格下跌 18.8% 至 0.00000943 美元。然而，隨著比特幣徘徊在 67,000 美元左右，PEPE 的價格在維持上漲趨勢和進入修正階段之間搖擺。

Factors Driving Whale Activity in PEPE

PEPE 中鯨魚活動的驅動因素

Since last month, PEPE has displayed a robust recovery pattern, supported by a rising trend line on daily charts. This support has enabled the altcoin to surge by 195%, rising from $0.00000393 to an all-time high of $0.0000161. However, the resistance level of $0.0000108 hindered this growth, leading to a price decline to $0.00000925.

自上個月以來，在日線圖上上升趨勢線的支撐下，PEPE 顯示出強勁的復甦模式。這種支撐使山寨幣飆升 195%，從 0.00000393 美元上漲至 0.0000161 美元的歷史新高。然而，0.0000108 美元的阻力位阻礙了這一增長，導致價格跌至 0.00000925 美元。

Crypto analytics firm Spot On Chain has identified a recent large transaction by a PEPE whale that significantly impacted the token's price. The multi-signature wallet (0x1a2) transferred approximately $4.54 million worth of 457.9 billion PEPE tokens to Binance, which was interpreted as a stop-loss strategy and resulted in a 6% price drop. Historical data reveals that this whale has made poor trading decisions in the past, losing $717,000 from two separate PEPE transactions within the last 15 days.

加密貨幣分析公司 Spot On Chain 發現 PEPE 鯨魚最近進行的一筆大額交易對代幣的價格產生了重大影響。多重簽名錢包（0x1a2）將價值約454萬美元的4579億PEPE代幣轉移到幣安，被解讀為停損策略，導致價格下跌6%。歷史數據顯示，這隻鯨魚過去做出了糟糕的交易決策，在過去 15 天內的兩次單獨的 PEPE 交易中損失了 717,000 美元。

Price Analysis for PEPE

PEPE 價格分析

Despite these fluctuations, PEPE remains above its support trend line, suggesting potential for renewed recovery momentum. If Bitcoin can sustain its price above $65,000 and PEPE holds above the rising trend line, buyers may target the next recovery levels at $0.0000138 and subsequently $0.0000167.

儘管存在這些波動，PEPE 仍高於其支撐趨勢線，顯示有可能重新恢復復甦動能。如果比特幣的價格能夠維持在 65,000 美元以上，並且 PEPE 保持在上升趨勢線之上，那麼買家可能會將下一個復甦水準瞄準 0.0000138 美元，然後是 0.0000167 美元。

Insights for Traders

交易者見解

• Monitor Bitcoin's stability above $65,000 as it influences PEPE's potential upward movements.
• Observe PEPE's ability to sustain above the rising trend line to anticipate potential price surges.
• Exercise caution during large whale transactions, which have historically triggered sharp price drops.

In summary, while Pepe Coin has shown promising recovery indicators, its future price trajectory remains closely tied to both market trends and significant whale activities. Traders are advised to monitor these factors closely to make informed trading decisions.

監控比特幣在65,000 美元以上的穩定性，因為它會影響PEPE 的潛在上漲走勢。交易中要謹慎行事。建議交易者密切監控這些因素，以做出明智的交易決策。

The post first appeared on BH NEWS: Pepe Coin Sees Notable Surge

該貼文首次出現在 BH NEWS：Pepe Coin 出現顯著飆升