#PEPE What Did Whales Do? It has been observed that the price of Pepe is heavily influenced by whale addresses as they tend to hold the majority of the circulating supply. This is both a blessing and a bane as they dictate price action for the rest of the investors. Currently, their dominance is a blessing because over the last few days these whales have been adding more and more tokens to their wallets. Major wallet holders purchased more than 4 trillion PEPE worth over $20 million in the last ten days alone. PEPE price has a chance to recover as medium-term holders tend to avoid selling for at least 12 months. PEPE Price Prediction: Frog May Jump 60%. This bullish pattern, also known as a falling wedge, is characterized by a narrowing price range and decreasing highs and lows, indicating a potential upside breakout. Based on this formation and bullish cues from traders, the target is set at 60% above the breakout point at $0.00000633 after a potential breakout. This would result in memecoin not only surpassing the $0.00001000 mark but also establishing new all-time highs. However, if PEPE price drops and loses the $0.00000474 support before it can break out, it will invalidate the bullish thesis. As a result, the frog meme token will fall below $0.00000400.
$SHIB $WIF In 1929 the stock market crashed 90% In 1973 the stock market crashed 50% In 1987 the stock market crashed 35% In 2008 the stock market crashed 55% In 2020 the stock market crashed 35% And recovered to all-time highs each and every time. Since 1926, the stock market has returned an average 10.5% per year. Never let short-term fear control long-term decisions. - Stay updated with Professor Mende #WIF#etf#BinanceLaunchpool#bitcoinhakving#SHIB
$FLOKI 's fundamentals have never looked better, especially with ongoing institutional recognition such as #VanEck recently listing it on its #memecoin index.
With weekly new marketing activations and a major news reveal scheduled for May 27th, it remains my top memecoin for this bull run!
#Bitcoin Daily RSI broke the down trend. Blue Path is a likely possibility for $BTC
Next week we have CPI, Core CPI, PPI and FED chair speech.
🇺🇸 Jerome Powell likely pump our bags. The US economy isn't as strong as the Data suggest. True Unemployment Rate published by the Ludwig Institute reports at 24.2% compared to 3.8% reported from US.Dep.Labor!
#Bitcoin Primary Count. Haven't posted a full count in a while, so here it is. I don't often draw squiggles for future PA, because it rarely follows it, but it's a useful visual on high time frame charts. Valid above 49k.