The price of PEPE Coin shows renewed strength, and analysts forecast significant growth. Recent chart patterns indicate a potential upward movement.
PEPE Coin Shows Signs of Strength
PEPE Coin is currently trading at $0.00001450, a key level for support. Analysts project potential growth to $0.000031 based on chart analysis. The price has increased by 15% over the last week.
Breakout from Triangle and Growth Projections
Analyst ZAYK Charts points to a breakout of PEPE from a long-term symmetrical triangle. The breakout level is approximately $0.00001370, with expectations of a 100-120% rise. This pattern indicates potential levels of previous support.
Actions of Major Traders
Data from Cas_abbe revealed that whale trader James Wynn has opened long positions on PEPE. His trade amounted to about $680,000, indicating confidence in short-term price appreciation.
The current state of PEPE Coin is favorable for growth, and the actions of major traders as well as positive chart patterns confirm potential upward price movement.
