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PEPE price reclaimed the $0.00008 level on Sept 19, up 7% in 24-hours, amid rising market liquidity triggered by the US Fed Rate Cut announced on Wednesday.
The crypto market is bouncing back with the U.S. Federal Reserve finally cutting interest rates after four years since the 2020 COVID pandemic. Similar to the global markets, the Bitcoin price surpassed the $62,000 mark with a boost in altcoins.
PEPE shows potential for growth with bullish indicators, whale activity, and adoption.
PEPE and DOGS have re-gained critical support levels, hinting at the potential for a major rally that could end the current bear market.
Buyers appear ready to defend against the death cross as the CMF indicator has tipped north.
PEPE, Polkadot, ImmutableX, and Bittensor stand out amid a heightened focus on the Federal Reserve meeting and persistent fear within the crypto fear and greed index. A detailed look into individual cryptocurrencies reveals intriguing trends and future price predictions. PEPE price paints a bullish setup Currently trading at $0.
PEPE price has struggled to regain momentum since reaching its all-time high in May. The cryptocurrency has failed to show significant growth or recovery, with price action remaining lackluster.
Is PEPE still a strong contender in the memecoin segment? Binance ranking, profitability and address data reveal some interesting findings.
It appears that frog-themed Pepe (PEPE), the third largest meme coin is poised for a price crash following massive profit booking by whales in recent days. According to the crypto intelligence firm Santiment, PEPE whales and traders have realized significant profits of over $30 million in the last six days.
Pepe (PEPE) may be vulnerable to further price declines, despite an increase in whale accumulation. This potential drop underscores the disconnect between large holders' activity and broader market sentiment.
As Bitcoin's price movement begins to acquire positive bullish momentum, the month of October appears to be promising for altcoins. Historically, when Bitcoin rises in price, this turns out to be a precursor of a bullish wave on the rest of the market, with other altcoins being discharged.
The market participants appear to have become pessimistic about the next price action as the volume of most cryptos has depleted. On the other hand, the popular memecoin PEPE has managed to attract significant volume, due to which the volatility of the token has maintained within decent levels.
Pepe coin price continues to face hardships as Ethereum price struggles to break above key resistance levels. Pepe coin has a strong correlation with Ethereum.
An analyst known for making crypto bottom calls thinks that memecoin Pepe (PEPE) and one Solana (SOL) challenger are gearing up for breakout rallies. Pseudonymous analyst Bluntz tells his 273,500 followers on the social media platform X that PEPE and Sei (SEI) are among the market's leaders after breaking out of bullish reversal patterns.
The Open Interest chart showed that speculators were eager to go long, seeking profits from the PEPE move and showing bullish sentiment.
After a recent breakout, PEPE has experienced a notable drop as it moves to retest crucial support levels. This retest is crucial for the cryptocurrency, as it will determine whether the bullish momentum can continue or if the price will struggle to hold above this level.
Cryptocurrencies are largely in the green Saturday as traders anticipate the Federal Reserve will cut interest rates next week and Bitcoin retests the crucial resistance point at $60,000.
PEPE recently dropped to a noteworthy level that has previously been an important demand zone.
As the price of Bitcoin (BTC) retests its important resistance level of $60,000, the crypto market has regained momentum over the past few hours. Moreover, the market has recorded a jump of 1.97% within the past day and is currently valued at $2.09 Trillion.
Dogecoin, Shiba Inu, and PEPE prices surged, each scoring major gains in execcess of $2 billion within the last 7-days, in a rally linked to Donald Trump's latest viral moment.
Pepe (CRYPTO: PEPE) has suffered a 50% from its all-time highs in May, but traders think the meme coin's fortunes may reverse soon. What Happened: Pseudonymous trader CrediBULL Crypto commented on Pepe's decline with the words, “Oh how the mighty have fallen.
PEPE seemed well positioned to outperform SHIB and DOGE if the market rebounds.
PEPE whales retreat as consolidation nears potential breakout.
Pepe's (PEPE) price has surged by 956% over the past 365 days. However, despite hitting a new all-time high in May, the meme coin may be poised for further losses.
