PEPE Whales Hint at a Potential 27% Rally
Wednesday, 8 May 2024, 12:00
PEPE Whales Hint at a Potential 27% Rally
PEPE price is noting whale selling; instead of a decline, the meme coin is expected to witness a potential 27% increase.
Pepe Whales Choose to Dump
- In the case of PEPE, top non-exchange addresses have seen a decline in supply, signaling optimism.
- Historically, PEPE whale selling has preceded a sharp increase in price, hinting at a positive rally this time.
- PEPE holders are motivated by potential profits, with a significant chunk awaiting a new all-time high increase.
PEPE price trading is currently above the critical support of $0.0000077, positioning the meme coin for a potential 27% rise towards $0.0000100. However, a loss of $0.0000077 support could lead to a downward correction to $0.0000063.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.