FLOKI

PepeCoin

<ul><li>PEPE&#39;s recent price decline mimics FLOKI&#39;s previous distribution phase, indicating further drops.</li><li>CrediBULL Crypto&#39;s analysis suggests PEPE may follow FLOKI&#39;s path, seeking new support levels soon.</li><li>PEPE&#39;s RSI indicates it is approaching oversold territory, which aligns with the crypto analyst’s prediction.</li></ul>CrediBULL Crypto, a crypto analyst on Twitter, recently highlighted notable trends in the price movements of PEPE and FLOKI. He drew parallels to similar patterns seen in Bitcoin (BTC), highlighting the possibility of a price breakdown. This analysis explores the potential implications for these meme-based cryptocurrencies, focusing on their historical performance and market behavior.PEPE, launched on the Ethereum blockchain, gained popularity due to its connection to the Pepe the Frog internet meme. During its peak, <a href="https://cryptotale.org/pepe-price-likely-to-climb-higher-riding-on-bullish-on-chain-metrics/" rel="noopener noreferrer nofollow">PEPE&#39;s</a> market cap soared to approximately $1.6 billion, highlighting its substantial impact. The coin reached its all-time high of $0.00001718 in May 2024 but has since declined by about 33.59%.<a href="https://cryptotale.org/is-pepe-poised-for-a-distribution-phase-like-floki-analysts-insights/" rel="noopener noreferrer nofollow">Read more on CryptoTale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Is PEPE Poised For A Distribution Phase Like FLOKI? Analyst’s Insights

CryptoTale

Other articles published on Jun 20, 2024

Bybit Launches Copy Trading Pro for Collective and Synchronized Investing, Allowing Investors to ...

MKR aims for $3145: Technical indicators suggest…

MoonBag Presale Shines Bright; Leaving Behind Polygon and Popcat: Don’t Miss Your Chance to Inves...

Ethereum Predicted To Surge 50% Against Bitcoin In 2024, Solana And BNB Fail To Rally

Altcoin Season Beckons: Analyst Identifies Top Picks for Potential Rebound

Struggling Meme Coins Signal Need For Change In Crypto Market

Join our free newsletter for daily crypto updates!