PEPE 1000PEPE/USDT Price Analysis (4h)

Hello fellow traders! Here's a brief technical analysis of the PEPE/USDT pair on the 4-hour timeframe chart.

Currently, the price is consolidating after a two-month drop. By analyzing Fibonacci levels from the swing high and swing low, as well as the RSI breakout, we can anticipate a retracement of the price to levels around 10,980, 12,058, and 14,294.

However, given the high volatility of this asset, it is crucial to protect entries with a stop loss. A strong indication of further decline would be a breakdown below the 8,000 zone.



PEPE is a deflationary memecoin launched on Ethereum, paying tribute to the Pepe the Frog internet meme. It features a no-tax policy, redistributive rewards, and a burning mechanism.

PEPE gained popularity in late April to May 2023, attracting a strong community and reaching a market cap of $1.6 billion.

It aims to establish itself as a top meme-based cryptocurrency.

PEPE's unique features include honoring Pepe the Frog, rewarding long-term stakers, and maintaining scarcity through burning.

The founders remain anonymous, and PEPE is secured through Ethereum's Proof-of-Stake consensus. Its maximum supply is 420,690,000,000,000 coins, with a focus on incentivizing holders and community growth.


Happy trading!

Сделка закрыта: достигнута тейк-профит цена:

Wow! That trade went wild! 🐸🔥 It's amazing to see that it has surged up by +50% from the suggested entry levels. The market has truly embraced the potential of PEPE. 🚀 Keep riding the wave and enjoy the gains! 💰💰

However, it's essential to exercise caution and avoid rushing into new positions at these elevated price levels.
Many traders might be looking to secure their profits, potentially causing a downward movement. Remember to stay vigilant and adjust your strategies accordingly. Happy trading!