Pepe Up 6% And Trader Sees 'Some Very Good Levels For Fresh Set Ups'
Portfolio Pulse from Khyathi Dalal
Crypto traders are optimistic about Pepe (CRYPTO: PEPE), expecting a move towards all-time highs despite a recent pullback. Cold Blooded Shiller and Davie Satoshi highlighted strong market signals and a potential inverse head and shoulder pattern, respectively. IntoTheBlock data shows a 1.6% increase in holder balances and a significant withdrawal from Binance, suggesting profit-taking. The addition of PEPE to the Meme Coin Index and a 6.3% price increase indicate positive momentum. An upcoming event will explore Bitcoin's influence on digital assets.
May 09, 2024 | 4:09 pm
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Pepe (CRYPTO: PEPE) is experiencing positive sentiment from traders, expecting a move towards all-time highs with a recent 6.3% price increase.
The optimism from traders about Pepe's potential to reach all-time highs, coupled with a 6.3% price increase and positive market signals, suggests a likely short-term upward price movement.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100