Pepe Coin Price Analysis: Correction or Consolidation?

Pepe Coin 價格分析：修正還是盤整？

Pepe Coin (PEPE), inspired by the popular frog meme, experienced a price correction after reaching a peak of $0.0000172 in late May. This downturn resulted in a 25% decline, bringing the price to $0.00001274, with a corresponding market cap reduction to $5.36 billion. The broader cryptocurrency market also faced downward pressure as Bitcoin struggled to maintain its position above $70,000. This suggests that the market may be entering a period of extended correction or consolidation.

Pepe Coin (PEPE) 受到流行的青蛙 meme 的啟發，在 5 月底達到 0.0000172 美元的峰值後經歷了價格調整。這次低迷導致股價下跌 25%，價格降至 0.00001,274 美元，相應市值減少至 53.6 億美元。由於比特幣難以維持在 7 萬美元以上的位置，更廣泛的加密貨幣市場也面臨下行壓力。這表明市場可能正在進入一個長期調整或盤整的時期。

Technical Analysis

技術分析

Since mid-April, PEPE coin has been on an upward trend, reaching a 335% growth. However, the correction has breached the two-month-long support level, increasing selling pressure. The asset could potentially drop to $0.00000881, with further potential for a decline to $0.000006.

自4月中旬以來，PEPE幣一直呈現上漲趨勢，漲幅達335%。然而，此次調整已突破了兩個月之久的支撐位，增加了拋售壓力。該資產可能會跌至 0.00000881 美元，並有可能進一步跌至 0.000006 美元。

However, a bullish candle on Friday indicates buyer interest at discounted prices.

然而，週五的看漲蠟燭表明買家對折扣價感興趣。

Nascent's Investment and its Impact

Nascent的投資及其影響

Venture capital firm Nascent recently acquired 447.67B PEPE tokens from Binance, signaling confidence in the asset despite the market dip. This investment has already yielded a 4.8% unrealized profit.

創投公司 Nascent 最近從幣安收購了 447.67B PEPE 代幣，這表明儘管市場下跌，但人們對該資產充滿信心。這項投資已產生4.8%的未實現利潤。

PEPE now holds the highest position in Nascent's portfolio, outperforming others with an estimated 248% profit increase. This positive sentiment from a major investor could provide support and stabilize prices.

PEPE 目前在 Nascent 的投資組合中佔據最高地位，其表現優於其他產品，預計利潤將成長 248%。主要投資者的這種積極情緒可能會提供支撐並穩定價格。

Key Technical Indicators

主要技術指標

• Exponential Moving Average (EMA): The 50-day EMA provides support at $0.0000108.
• Average Directional Index (ADX): A declining ADX slope indicates a potential recovery in bullish momentum.

Conclusion

指數移動平均線 (EMA)：50 日均線在 0.0000108 美元處提供支撐。

While the correction has brought downside risks to PEPE coin, the market's consolidation and Nascent's investment suggest a possible rebound. Sellers' conviction may weaken, and prices could stabilize above $0.0000108. A break above $0.000017 would confirm an extended rally.

雖然調整給 PEPE 幣帶來了下行風險，但市場的整合和 Nascent 的投資表明可能會反彈。賣家信心可能減弱，價格可能穩定在 0.0000108 美元以上。突破 0.000017 美元將確認延續反彈。