PEPE Analysis

PEPE price has seen a more than 50% rise in the span of a week and is seemingly going to continue this rally.
The meme coin has also received support from its whales, and this chunk of PEPE supply could be just the boost it needs.
PEPE Investors See Potential
PEPE price, trading at $0.

Pepe (PEPE) price marked an all-time high (ATH) last month, and since then, the meme coin has noted mostly correction.
However, based on the actions of the whales, the frog meme-inspired cryptocurrency will once again see new ATH.

PEPE price is beginning to witness the effects of having a meme coin enthusiast investor profile who backs down amidst the slightest bearishness.
This will likely cause a massive correction in the frog-themed meme token.

Pepe’s price mirrors the broader market’s corrective phase, finding itself at a critical support threshold.
Yet, the narrative from this juncture could take a positive turn, buoyed by investor confidence that remains steadfast.

The PEPE price is poised for a notable decline, with whales halting their accumulation last week, reflecting a drop in investor interest. The shift of the SAR indicator from bullish to bearish, alongside a forecasted possible 40% correction, further shows the bearish outlook.

PEPE supply on exchanges saw a significant drop in just one day, signaling that holders anticipate a rise in value, as an increasing Mean Coin Age suggests a lack of selling pressure and a phase of accumulation.

Pepe price reignited the bullish sentiment among investors on Wednesday after charting a substantial rise on the charts. This instilled hope among a certain group of investors of witnessing profits again.

Wintermute, a global algorithmic market maker, has withdrawn an astonishing 158 billion PEPE tokens from Binance.
This transaction, valued at approximately $1.19 million, signifies a remarkable shift in the meme coin’s liquidity.

PEPE Price All-Time High: Is a Correction Now Looming?
Pepe investors have been enjoying the recent bull run as the PEPE price ended up charting a new all-time high (ATH) for nearly a week.

PEPE, the third biggest memecoin in the market cap, behind just DOGE and SHIB, grew by almost 800% in the last month. The frog coin is now almost topping the $3B market cap.

PEPE price is making every meme coin enthusiast’s dreams come true as the altcoin has noted a 506% increase in the last ten days. The world’s third-largest meme token is now at a new all-time high of $0.00000820.