You can also read this news on COINTURK NEWS: PEPE Cryptocurrency Experiences Significant Growth Post-Bitcoin Halving
The cryptocurrency PEPE has recently gained traction, particularly following the fourth halving of the Bitcoin (BTC) network last Friday. This event has propelled PEPE's price by 66% in a mere six days, reaching a trading level of $0.000007, instilling a renewed sense of optimism within the broader market. Read on for the latest updates on this meme token!
Whale Accumulation in PEPE
This surge, coinciding with an increase in whale accumulation, suggests a potential long-term recovery trend on the horizon. The recent corrective trend in Pepe's currency was characterized by a falling channel pattern, which saw the token's price decline from $0.0000108 to $0.00000393. However, following the recent Bitcoin halving, PEPE established a new support level at $0.00000463, triggering an immediate reversal on the daily chart. Notably, Spot On Chain reported a significant on-chain event involving a whale accumulating 211.6 billion PEPE tokens, valued at $1.72 million.
The whale's purchases were executed via Binance, Gate.io, and Uniswap, with an estimated initial outlay of $1.54 million. Currently, the whale's accumulation of PEPE has yielded an unrealized profit of $173,000, representing an 11% gain. This recent rally, bolstered by the whale's acquisition, has decisively broken the channel pattern's resistance trend line. A successful breakout could signal a shift in market dynamics in favor of buyers, potentially leading to a sustained uptrend. The post-surge recovery could potentially propel PEPE's price towards $0.0000092 and subsequently to $0.0000108, representing overall resistance levels.

66% Surge in PEPE
PEPE has experienced a 66% increase to $0.000007 following the recent Bitcoin halving. Whale accumulation and the bullish chart pattern indicate potential for long-term recovery. The whale's $1.72 million purchase has supported PEPE's price, establishing a new support level at $0.00000463 and hinting at the possibility of reaching overall resistance levels. The post-halving recovery could extend to $0.0000092 and $0.0000108, suggesting that PEPE may continue to perform strongly in the near future.
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您还可以在 COINTURK 新闻上阅读此新闻：PEPE 加密货币在比特币减半后经历显着增长加密货币 PEPE 最近受到关注，特别是在上周五比特币 (BTC) 网络第四次减半之后。这一事件使 PEPE 的价格在短短六天内上涨了 66%，达到 0.000007 美元的交易水平，为更广泛的市场注入了新的乐观情绪。请继续阅读有关此 meme 代币的最新更新！PEPE 中的鲸鱼积累这种激增与鲸鱼积累的增加同时发生，表明潜在的长期复苏趋势即将出现。 Pepe 货币近期的调整趋势以下降通道模式为特征，代币价格从 0.0000108 美元下跌至 0.00000393 美元。然而，在最近的比特币减半之后，PEPE 在 0.00000463 美元建立了新的支撑位，引发了日线图上的立即反转。值得注意的是，Spot On Chain 报道了一起重大链上事件，涉及鲸鱼积累了 2116 亿个 PEPE 代币，价值 172 万美元。鲸鱼的购买是通过 Binance、Gate.io 和 Uniswap 执行的，预计初始支出为 154 万美元。目前，鲸鱼积累的PEPE已产生未实现利润17.3万美元，涨幅为11%。最近的反弹，在鲸鱼收购的推动下，决定性地突破了通道形态的阻力趋势线。成功的突破可能标志着市场动态发生有利于买家的转变，从而可能导致持续的上升趋势。飙升后的复苏可能会将 PEPE 的价格推向 0.0000092 美元，随后升至 0.0000108 美元，代表整体阻力位。66% 在最近的比特币减半之后，PEPEPEPE 的价格飙升了 66% 至 0.000007 美元。鲸鱼积累和看涨图表模式表明长期复苏的潜力。鲸鱼 172 万美元的购买支撑了 PEPE 的价格，在 0.00000463 美元处建立了新的支撑位，并暗示有可能达到总体阻力位。减半后的复苏可能会延伸至 0.0000092 美元和 0.0000108 美元，这表明 PEPE 在不久的将来可能会继续表现强劲。该帖子首先出现在 COINTURK 新闻上：PEPE 加密货币在比特币减半后经历了显着增长