Buy BTC now

Technical Analysis : Ready to Take Off

Technical indicators suggest that Pepe Coin is poised to take off towards new all-time highs. According to a renowned analyst, a bullish fractal structure, along with a significant increase in futures contract volumes, hints at a price surge of over 100% in the coming weeks.

Market analyst @LLuciano_BTC has identified the emergence of a bullish fractal pattern on the daily chart of Pepe Coin. This technical pattern suggests that if history repeats itself, the price of this altcoin could surpass its previous all-time highs.

This favourable market structure is also accompanied by a 40% increase in futures contract volume on this crypto, reaching $2.4 billion. This uptick in derivatives market activity suggests that traders are accumulating in anticipation of a potential new rally.

Clear Target : Pepe Aiming for $0.000028

According to the analyst, the price of Pepe Coin is set to achieve a 103.77% surge, targeting a new all-time high at $0.000028364. This projection is derived from the depth of the wedge pattern in which PEPE’s price currently moves.

derived volume pepe coin

Source: Coinglass

If Pepe Coin manages to successfully break the resistance around $0.000017, it could trigger a rally towards this new ATH. Such momentum would not only reclaim the previous high but also pave the way for a price discovery phase for this memecoin based on Ethereum.

In conclusion, technical signals suggest that Pepe Coin is on the verge of achieving explosive performance in the coming weeks. If current trends hold, with an increasing volume of futures contracts, PEPE could reach unprecedented highs, offering great opportunities for savvy investors.

How to Buy PEPE on Bitget in a Few Steps

  1. Create a Bitget account
    • Sign up on www.bitget.com or via the app (iOS/Android).
    • Verify your identity (KYC) with an ID document.
  2. Add funds
    • Go to “Deposit” (in the “Wallet” tab).
    • Deposit via credit card or transfer (USDT, BTC, or EUR).
  3. Buy the token
    • In “Spot Market,” select PEPE/USDT.
    • Enter the amount and confirm the purchase.
Buy PEPE on Bitget and get $10 !

More on this topic :

Risk Warning : Trading financial instruments and/or cryptocurrencies carries a high level of risk, including the possibility of losing all or part of your investment. It may not be suitable for all investors. Cryptocurrency prices are highly volatile and can be influenced by external factors such as financial, regulatory, or political events. Margin trading increases financial risks.

CFDs (Contracts for Difference) are complex instruments with a high risk of rapid capital loss due to leverage. Between 74% and 89% of retail investor accounts lose money when trading CFDs. You should assess whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Before engaging in financial or cryptocurrency trading, you must be fully informed about the associated risks and fees, carefully evaluate your investment objectives, level of experience, and risk tolerance, and seek professional advice if needed. InvestX.fr and the InvestX application may provide general market commentary, which does not constitute investment advice and should not be interpreted as such. Please consult an independent financial advisor for any investment-related questions. InvestX.fr disclaims any liability for errors, misinvestments, inaccuracies, or omissions and does not guarantee the accuracy or completeness of the information, texts, graphics, links, or other materials provided.

Some of the partners featured on this site may not be regulated in your country. It is your responsibility to verify the compliance of these services with local regulations before using them.

Get 6200 USDT with Bitget ! 🔥

Don't miss out on this offer !
Create your account now to unlock this exclusive reward
Open a Bitget account
close-link
Click Me