We love PEPE—one of the coolest meme coins out there.
This pump was massive and unexpected. However, all indicators are now overheated. While forecasting a meme coin is always tricky (they can be influenced by exchanges or whales playing with the price), the chart is giving us signals.
I expect a correction as those who drove the pump may start selling to free up liquidity for other coins.
If indicators follow through, we’re looking at a correction down to 0.00001000-0.00001400 within the green box, making it a good entry point to capture the second part of altseason in Q1 2025.
With strong support at 0.00001000, it’s unlikely that PEPE will drop lower this cycle.
**DYOR**
Trade ativo
Little update. Things are going as planed, we are half way to the bottom.
Updated chart:
Ordem cancelada
We are getting there, be patient
Nota
We touched my green box, at 0.00001400
Mission accomplished.
However the charts is telling me that it is not the end of the correction and that we might go even lower
Nota
PEPE continue its correction, target is 0.000001300 or lower, in my buy back green box. Then new ATH or new massive pump at least. Patience.
Nota
Check my new analysis:
Nota
This prediction worked perfectly but is a little old. I did a new updated one.
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