Paype coin shows symptoms of a possible rebound, with a long time a month and a week with a week -long consolidation.
Pepe coin (pepe) can be set for recovery, as the TD sequential indicator shows a purchase signal on its weekly chart, according to A. Recently x post By technical and on-chain Crypto analyst Ali Martinez.
In addition to the TD sequential indicator signaling signaling signal, Pepe is displaying other signs of a possible rebound. Its market capitalization has increased by about 2% to $ 4.12 billion in the last 24 hours, indicating new investors interest. In addition, the 24-hour trading volume has increased by 21.67%, which has reached $ 975.99 million, suggesting that traders are entering the market.
Other analysts are also indicating a possible rebound for Pepe. Cryptoelites recently Shared A chart highlighted that the price of Pepe is running within an ascending channel, after a paralysis trajectory. After a recent pullback, it has been supported at 0.786 Fibonacci Retress level, priced at 0.00008392 USDT. This suggests the possibility of constant upward speed. The analyst has set a short -term target of 8X price hike.
As per the pappes are gearing up for a major value increase, it is worth noting that 37% of the total supply is currently being controlled by the top 10 wallets, EthraksanThe largest wallet alone is 13% of the supply. This indicates a degree of centralization, which means that a small group of holders has a significant impact on the token market.
