The meme coin PEPE shows signs of a sustainable bullish trend, supported by whale activity and technical indicators. According to analysts, the current price of PEPE at 0.00001004 USDT exceeds the 20-day moving average, indicating potential growth to 0.00001150 in the near term. Key factors such as whale accumulation of $3 million, positive MACD, and testing the upper boundary of Bollinger Bands create a favorable environment for further growth. However, investors should consider market volatility and monitor critical support levels. $PEPE
Former Binance CEO Changpeng Zhao, whose wealth is estimated at $65.9 billion, shared advice on who should avoid investing in cryptocurrency.
If you want to get rich quickly, then avoid (and don't blame) digital assets," Zhao wrote.
In response to a question from one of the commentators on how to build wealth, Changpeng gave a concise answer: "slowly." In the next post, he elaborated on his thoughts, noting that it took him 40 years to create Binance. $BTC
Bitcoin whales (investors who already own more than 10,000 BTC) are buying up bitcoins in anticipation of an increase in the value of the world's first cryptocurrency, writes CoinDesk.
Large holders are actively accumulating assets, while small investors are getting rid of them. Over the past few days, whales have entered aggressive accumulation mode, while small investors seem to prefer to reduce their exposure to risk.$BTC
The short-term forecast for PEPE looks promising, with bullish technical indicators and whale accumulation contributing to the momentum. Overcoming key resistance levels could pave the way for sustained growth.
Long-term prospects
The long-term prospects for PEPE will depend on its ability to overcome key resistance levels and maintain trading volume. Investors should monitor whale activity, market sentiment, and technical indicators to assess its future trajectory.
The popular meme coin Pepe (PEPE) could triple in price, reaching $0.000045. This is reported by CoinMarketCap (CMC), citing a forecast from an unnamed analyst who suggests such growth for Pepe if the price of Bitcoin (BTC) exceeds $120,000.
The popular memecoin Pepe (PEPE) could increase in price threefold, reaching $0.000045. This is reported by CoinMarketCap (CMC), citing a forecast from an unnamed analyst who suggests such growth for Pepe if the price of Bitcoin (BTC) exceeds $120,000.
Do your research: Before investing in Bitcoin, thoroughly study its principles, history, risks, and potential.
Manage risks: Invest only what you are willing to lose. Diversify your portfolio by not putting all your funds into one asset.
Hold or trade? Determine your investment strategy: long-term holding (HODL) or active trading. Each approach has its own advantages and disadvantages.
Storage: Choose a reliable way to store your Bitcoins. Cold wallets (hardware) are considered the safest.
Stay updated: Keep up with the latest news regarding Bitcoin, regulations, and technological developments.
Remember the volatility: Be prepared for significant fluctuations in Bitcoin's price. Do not panic during a drop and do not give in to emotions during a rise.
Consult professionals: If you lack investing experience, seek advice from financial advisors.
Considering the current market situation and the lack of significant news, it is likely that the price of PEPE will remain relatively stable or continue to decline slightly. However, any unexpected factor could change the situation.
An unknown person moved 80,000 BTC worth $8.6 billion from eight wallets that had been inactive for 14 years. The community is discussing two main theories: a hack or a planned transfer by the owner#BTC