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PEPE Coin Price Predictions for January 9: Whale Sells 427 Billion Coins – Discover the Details!
This drop in price and the downward price movement have raised concerns among investors, leading to a decrease in open positions, as revealed by data analysis company Coinglass. Currently, open interest for PEPE has decreased by 15%.
What is expected for the price of PEPE in the future?
Based on technical analysis, the price of PEPE could drop by 20% if the current price pattern is broken.
Could the smart whale's sale affect the price of PEPE?
Yes, the whale selling large quantities can increase selling pressure and lead to a price drop.
What does the RSI indicate for PEPE?
The Relative Strength Index (RSI) is close to the oversold area, indicating the potential for upward momentum, but it is unlikely due to bearish market sentiment.