Good afternoon, what is your long-term forecast for PEPE?
Crypto Rav
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PEPE NEXT BOOM WHEN?
The PEPE/USDT chart on the 1-hour timeframe exhibits a bullish symmetrical triangle breakout formation. Bollinger Bands indicate reduced volatility pre-breakout. The Stochastic RSI, overbought at 83.09, reflects upward momentum, supported by RSI Divergence at 57.29 signaling bullish continuation. Price targets suggest a potential move toward 0.00002981 resistance.
The TOTAL3 chart on the 1-day timeframe shows a bullish cup-and-handle formation, supported by a successful retest of the breakout level. Bollinger Bands confirm expanding volatility. Stochastic RSI at 21.32 signals upward momentum potential, while RSI Divergence at 64.87 indicates a bullish continuation. The chart predicts sustained growth in altcoin dominance, favoring assets like PEPE.
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The BTC Dominance chart shows a breakdown from its ascending channel, successfully retesting support around 60%. Stochastic RSI at 82 indicates overbought conditions, while RSI Divergence at 38 signals weakening momentum. This decline in Bitcoin dominance suggests capital may flow into altcoins, bolstering bullish sentiment for PEPE Coin and other alternative assets.
The PEPE liquidation heatmap shows significant liquidation levels around $0.025, indicating concentrated activity by leveraged traders. The green and yellow zones suggest strong buying pressure, supporting a bullish sentiment for further price movement upward.
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