We are expected to return to 3500, we are going higherTo date, the market has reached another turning point, let's look at further prospects. The goal of returning above 3500 on the air was successfully fulfilled against the background of the opening of the quarterly candle above the level, however, the second half of the quarter opened in a negative zone, which will support sellers as they approach the end of the quarter and everywhere above 3500. At the moment, sales from 3750 were successfully bought off on Thursday, because at the moment they are premature. With the opening of a new monthly candle, sellers' activity will increase against the background of the opening of the second half of the quarter below 3000, which will lead to increased volatility and market disruptions.
Today, the probability of continued growth prevails in two scenarios. The opening of a new month in the range of 3500-3750 will allow testing 4500-4750 in the current quarter, from where a significant pullback is most likely up to a retest of 3000. In a more optimistic scenario, the new month will open above 4100, which will allow stable growth to continue until the 5000-5250 test. A significant cancellation of purchases and a market drawdown can be expected only at the opening of a new month below 3400, for which there are not yet sufficient arguments.
Since the last week of the month for the tops opened above key levels, which gives a consolidation of growth and a high probability of maintaining purchases until the end of the quarter, active purchases on many altos can be expected this week with continued growth in the new month.
So far, vib remains the most suitable tool for investing in the average market, with a growth potential of up to 0.150-175 at least and up to 0.25-50 in the case of an increase in ether to 4500. The main threshold level for accelerating purchases remains 0.1.
OAX continues to show good volatility with growth waves of 20-40%. The growth potential remains at least 0.35 retest, which gives reason to maintain volatility with a further trend.
Weaker projects are also interesting for scalping, but they are in an extremely oversold position, such as ooki pros and cvp with a growth potential of up to 150% from current levels.
While maintaining positive dynamics in the tops, epx for and vgx can show growth of up to 30-50% from current levels.
Pepe
LONG CONSOLIDATION AHEAD FOR PEPEAs you can see we might facing a long consolidation for PEPE, this is needed to shake weak hands and reward the brave one. I would like this scenario for me to accumulate more of this volatile gem. If you believe in this project then DCA is the key. In My Own Opinion, this is very different from Safemoon. Warning, this is not for the weak hands. This is not financial advise and invest only what you can afford to lose.
PEPE Hits New All-Time High, Meme Coin Could Extend GainsCRYPTOCAP:PEPE , a frog-themed meme coin, has reached a new all-time high at $0.00001725 on Monday, May 27. The asset has rallied 81% in the past seven days on Binance, adding 81% to its value. Meme coins have consistently extended gains in the ongoing cycle, alongside a rally in Bitcoin, Ethereum, and other cryptocurrencies in the top 20 assets by market capitalization. Dogecoin ( CRYPTOCAP:DOGE ), Shiba Inu ( CRYPTOCAP:SHIB ), Pepe ( CRYPTOCAP:PEPE ), and Solana-based meme coins have rallied on several occasions since the approval of Spot Bitcoin Exchange Traded Funds (ETFs) early in 2024.
Data from crypto intelligence tracker Santiment shows a massive spike in CRYPTOCAP:PEPE 's active addresses and social dominance between May 20 and 27. Active addresses nearly doubled in the timeframe, and social dominance climbed from 0.81% to 3.55% in the same period. Santiment data reveals that CRYPTOCAP:PEPE supply on exchanges is nearly at the same level as May 20, posting a 0.3% increase between May 20 and 27.
CRYPTOCAP:PEPE has been in an uptrend since April 14, with an impulsive upward move noted on May 20 and 21. The Moving Average Convergence Divergence (MACD) supports CRYPTOCAP:PEPE price gains with green histogram bars above the neutral line, suggesting positive underlying strength in the meme coin's price uptrend. The Relative Strength Index (RSI) reads 78.04, well above the neutral boundary at 70, suggesting that CRYPTOCAP:PEPE could extend gains further.
Traders opening a long position should be cautious while RSI is in the overbought zone on the 1-day timeframe. CRYPTOCAP:PEPE could extend gains by nearly 25% to 127.2% Fibonacci extension of the rally from the April 13 low of $0.00000393 to the May 27 peak of $0.00001725.
PEPE can rise another +200% from here.Pepe (PEPEUSD) completed an extremely strong 1D green candle last week, the strongest in fact since February 26 2024. The 1D RSI turned wildly overbought but as long as the 1D MA100 (red trend-line) supports, we expect this raly to continue all the way to the top of the Channel Up (Higher Highs trend-line).
Our Target is for this Bullish Leg to complete a +1136% increase (0.000050) just like the wave that topped on March 11.
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👇 👇 👇 👇 👇 👇
PEPEUSDTHi
As you see in the chart we have parallel channels that candles move on them clearly
on the other hand we have OTE + FVG and Order block
so i expect that channel will be break and candles are bearish till FVG in 1h
then we can start Buying from 0.00001502 with a SL on 0.00001478
every 4% save your profit
PEPE - Targeting $0.00002 🌖Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
🏹 As per my last analysis, shown on the attached chart, KUCOIN:PEPEUSDT rejected the red zone and traded higher in a parabolic manner.
What's next? How high can PEPE climb?
📈 #PEPE is currently in an impulse/markup phase, and as long as the bulls hold, I anticipate a continuation towards the $0.00002 round number. 🎯
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Bullish MomentumThe ascending channel clearly defines both support and resistance levels. The lower band of the channel acts as dynamic support, while the upper band serves as resistance. Recently, the price has tested the lower boundary of the channel, suggesting strong support around the 0.00001560 level. The RSI is currently near the midline (50 level), testing its moving average. If the RSI bounces off the MA, it could indicate a potential bullish push back up.
Probable Scenario
The market sentiment remains cautiously bullish as long as the price stays within the ascending channel. The price dynamics suggest:
Bullish Scenario: If the price holds above the lower band of the channel and the RSI rebounds from its MA, a bullish continuation towards the upper resistance of the channel is likely.
Bearish Scenario: A break below the lower band of the channel would shift focus to the next key support level around 0.00001500, which could halt further declines.
Outlook
- Most Probable Scenario: Given the current position within the ascending channel and the interaction between RSI and its MA, a bullish continuation towards the upper channel band is likely, as long as the price sustains above the dynamic support.
- Key Levels to Watch:
- Support: 0.00001560 (immediate), 0.00001500 (key)
- Resistance: Upper channel band around 0.00001650 (immediate)
PEPE long term Target 🎯Pls #dyor and support follow idea 💡 to get updates 🙂
Red lines accumulation zone 📌
Green 💚 lines 📍 target's 🎯
I am expecting only 20-25x move not 100x to 200x
Yes 🙌 i provided in chart 📈 based on if COINBASE:SHIBUSD market cap enter 60B then possibility i am saying but based time interval if any fast response of pump 📌 we are going 100x above
But make ur mind 🧠 with minimum target 🙂
In my opinion 10x>>15x>>20x>>25x
Later I work on chart 📉 i will update
Once check ✅ my old analysis that's my target 😅 it's new idea 💡 for old idea replacement
Check in tagged idea 💡
🧵👉
PEPE price still has the strength to do Xs ?)Our last year's target for the PEPE price is still relevant $0.0000146-0.0000157
The only question is: will this growth be right now or after a -50% price correction?
We are ready to enter the discussion in the comments
_____________________
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$PEPE short term trading planFollowing my previous long term trading plan and after we hit all the target, I am publishing a short-term plan. It is clear that trading CRYPTOCAP:PEPE from here will not be a straight line to the moon, so let's prepare to buy and sell when necessary.
Bear in mind that:
- CRYPTOCAP:PEPE is a new coin, making it difficult to chart due to its limited history.
- CRYPTOCAP:BTC can significantly impact this strategy. CRYPTOCAP:PEPE , like other altcoins, is very sensitive to CRYPTOCAP:BTC 's movements.
- I am overall very bullish on CRYPTOCAP:PEPE in the long term; it is a solid coin to hold.
Here are my concerns:
- After a huge pump, there is usually a correction. CRYPTOCAP:BTC is not going to $100k without some hesitation, so many factors could slow down CRYPTOCAP:PEPE 's momentum.
- There is a solid resistance area between 1076 and 1176. We can and will likely be rejected from here.
- The Stochastic RSI on the daily chart is showing signs of a crossover, which could negatively impact CRYPTOCAP:PEPE for a week.
Here are the positives:
- The MACD on the weekly and daily charts is open and growing, which will push CRYPTOCAP:PEPE up compared to other coins for the next month or two.
- CRYPTOCAP:PEPE might be listed on Coinbase Spot, which would be a major catalyst for a price pump.
- CRYPTOCAP:PEPE is gaining widespread attention, and its fans are extremely active.
- CRYPTOCAP:PEPE 's trading volume is higher than Ethereum's, attracting a large number of whale traders.
I see 2 scenarios. They are labelled 1) and 2) on the chart!
This is an opinion, not a financial advice, I might be wrong, so DYOR. Do not use leverage.
MEME COIN CYCLE - Total Meme Coin MC to $420BWe do not yet have a Meme Coin Market Cap index in TradingView but I am expecting Meme Coin Total Market Cap to reach ~$420B Market Cap at pico cycle top this cycle
Reasons:
- CRYPTOCAP:DOGE is basically playing out the 'OTHERS' market cap chart, just a cycle behind.
-Instead of CRYPTOCAP:DOGE , you can change this to the Meme Coin market cap chart ( CRYPTOCAP:DOGE was basically the only meme coin in 2020 - CRYPTOCAP:SHIB came later). Currently Meme Coin Total Market Cap as of today 5/23/2024 is GETTEX:61B Market Cap ( CRYPTOCAP:DOGE MC is currently $23B)
-2017 - #OTHERS MC peaked at GETTEX:70B MC.
-2021 - #OTHERS MC peaked at 450B MC.
-2021 - CRYPTOCAP:DOGE MC peaked at GETTEX:70B MC.
-2024 - Meme Coins MC predicted to peak at ~$420B MC.
CRYPTOCAP:DOGE , CRYPTOCAP:SHIB , CRYPTOCAP:PEPE , and CRYPTOCAP:WIF market cap index limited history, is the bright green line chart.
Price is fractal, studying Market Caps is the alpha-leak.
gl hf, make sure to book profits, NFA.
- @CryptoCurb
PEPE/USDT Analysis: Bullish Breakout and Key Targets📌In this video, we dive into the latest price action of PEPE/USDT on Binance. We analyze a significant bullish breakout from the support level and identify key resistance zones. Learn how to leverage these insights for potential trading opportunities. Don't miss out on this in-depth technical analysis using TradingView!
📊PEPE/USDT Analysis: Bullish Breakout and Key Targets
PEPEUSDT: On the way to create a record high!Dear Traders,
PEPEUSDT has some extreme bullish behaviour due to that in our view this crypto is likely to continue its bullish momentum for long period. It would be ideal for someone who has been looking to swing buy this crypto. Good Luck.
**If you like our chart analysis please do like and comment the idea and follow us, which will encourage us to bring you more**
PEPE Reaches New All-Time HighEthereum-based memecoin CRYPTOCAP:PEPE has surged 27% to a new all-time high over the past 24 hours, driven by speculation around the potential approval of spot Ether exchange-traded funds (ETF) in the United States. The surge is driven by the expectation that the U.S. Securities and Exchange Commission (SEC) will approve spot Ether ETFs by a May 23 deadline. CRYPTOCAP:PEPE is currently trading at $0.00001280, up 23.48% over the past 24 hours.
PEPE's open interest (OI), which measures the total value of all outstanding CRYPTOCAP:PEPE futures contracts across crypto exchanges, rose 40% to $172.96 million over the past 24 hours. This rise usually indicates traders are more confident entering future positions on a cryptocurrency, with a significant number in long positions. PEPE's price spike over the past 24 hours saw $6 million in short positions liquidated, and if PEPE's price drops 6%, it would liquidate $10 million in long positions.
With a Relative Strength Index (RSI) of 68.87 CRYPTOCAP:PEPE is set for a trend reversal in the near term traders ought to be cautious consolidation is looming ahead.
PEPE - Are You Ready?📈Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 PEPE has been overall bullish , trading within the rising broadening wedge pattern in green.
Currently, PEPE is undergoing a correction phase and it is currently approaching the lower bound of the wedge.
Moreover, it is retesting massive demand zone marked in red.
🏹 Thus, the highlighted blue circle is a strong area to look for trend-following buy setups as it is the intersection of the red demand zone and lower green trendline acting as a non-horizontal support.
📚 As per my trading style:
As #PEPE approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
PEPE! Lilly pad to trampoline! PriceAction If you find this information inspiring/helpful, please consider a boost and follow!
Bounced off of level, now watching for it for clues on the next move.
Right now the impulse are up BOS style. So looking for continuation with the trend, but I will be ready if the trend turns.
So watching these IDM for now for clues of a retrace or slow down before the next move, but again right now the pattern is impulse up correction down.
...patterns change though.
💎 BITCOIN (BTC) : Poised for an Explosive Surge Beyond $70,000!Upon reviewing the latest #Bitcoin chart in the weekly timeframe (logarithmic), we observe that since the previous analysis, Bitcoin has successfully achieved more than a 15% increase, managing to penetrate above $70,000 once again! Considering the price movements and the momentum, I expect we will soon witness an explosive move from Bitcoin! This movement, in the first scenario, could start from the current range of $65,500 to $70,000, or in the second scenario, we might see a price correction down to the demand range of $53,000 to $56,750, followed by a subsequent rise in price to levels above $70,000. The upcoming targets are, in order, $77,000, $85,000, and $100,000 !
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban