Pepe Coin

Pepe

Coin

<p>A smart investor has made a substantial investment today in one of the popular meme coins, PEPE. According to a tweet by <a href="https://twitter.com/lookonchain/status/1787320816209957137" target="_blank" rel="noopener noreferrer nofollow">Lookonchain</a>, a blockchain analytics platform, the investor spent 1.26 million USDC to acquire 142.96 billion PEPE tokens at a price of $0.000008831 per token.</p>
<p>This smart money investor has demonstrated a remarkable track record in trading PEPE, with a win rate of 85.7% over the past six months. Out of the seven trades executed during this period, six were profitable, resulting in a total profit of $915,000.&nbsp;</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="876" src="https://captainaltcoin.com/wp-content/uploads/2024/05/image-175-1024x876.png" alt="" class="wp-image-487469" srcset="https://captainaltcoin.com/wp-content/uploads/2024/05/image-175-1024x876.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-175-300x257.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-175-768x657.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-175-1536x1315.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-175-2048x1753.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-175-175x150.png 175w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-175-100x86.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-175-409x350.png 409w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-175-788x674.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-175.png 680w" sizes="(max-width: 1024px) 100vw, 1024px">
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<h2 class="wp-block-heading" id="technical-analysis-reveals-bull-flag-pattern-and-500-upside-potential">Technical Analysis Reveals Bull Flag Pattern and 500% Upside Potential</h2>
<p><a href="https://coinmarketcap.com/community/post/336184790" target="_blank" rel="noopener noreferrer nofollow">Crypto Patel</a>, a prominent technical analyst, has identified a bullish chart pattern for PEPE, suggesting a potential 500% upside. The chart analysis reveals a bull flag pattern, with a breakout confirmed at $0.00000775. A retest of the breakout level is expected at $0.00000750 before the token potentially continues its upward trajectory.</p>
<p>The bull flag pattern is a continuation pattern that appears after a strong upward move, followed by a consolidation period. If the pattern plays out as expected, PEPE could target a price of $0.000047, representing a 500% increase from its current levels.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="518" src="https://captainaltcoin.com/wp-content/uploads/2024/05/image-176-1024x518.png" alt="" class="wp-image-487477" srcset="https://captainaltcoin.com/wp-content/uploads/2024/05/image-176-1024x518.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-176-300x152.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-176-768x388.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-176-1536x776.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-176-2048x1035.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-176-297x150.png 297w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-176-100x51.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-176-692x350.png 692w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-176-788x398.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-176.png 1199w" sizes="(max-width: 1024px) 100vw, 1024px">
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<p>However, investors should be aware of the risks associated with this trade. Crypto Patel advises setting a stop loss if the high timeframe (HTF) candle closes below the flag channel, as this would invalidate the bullish pattern.</p>
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<h2 class="wp-block-heading" id="pepe-s-impressive-growth-and-potential-risks">PEPE’s Impressive Growth and Potential Risks</h2>
<p>PEPE has experienced growth of 1,650% over the past seven months. However, this rapid price appreciation also comes with heightened risks, particularly for those considering fresh investments.</p>
<p>The recent investment of $1.26 million by a smart money player in Pepe (PEPE) tokens, coupled with the identified bull flag pattern, suggests a potential opportunity for substantial gains.&nbsp;&nbsp;</p>
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<p>The post <a href="https://captainaltcoin.com/pepe-coin-wallet-which-profited-6-out-of-7-times-makes-next-move-as-the-meme-coin-eyes-500-upside-potential/" rel="noopener noreferrer nofollow">Pepe Coin Wallet Which Profited 6 Out of 7 Times, Makes Next Move as The Meme Coin Eyes 500% Upside Potential</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Pepe Coin Wallet Which Profited 6 Out of 7 Times, Makes Next Move as The Meme Coin Eyes 500% Upside Potential

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