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Mar 4, 2024 12:58 PM

PEPEUSD This rally is far from over.Β Long

PepeCRYPTO

Description

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Pepe (PEPEUSD) has completed a +760% rise so far from the February 05 2024 Low and based on this chart, it is far from over! In fact as both the 1D MA50 (blue trend-line) and the 4H MA50 (red trend-line) are supporting, this run resembles the rally of April 21 - May 05 2023 when Pepe rose by +2531%. During that rally, the 4H MA50 held and broke only when the multi-month pull-back started.

As a result, we expect the coin to rise to at least 0.000023 (+2531% from the bottom), which would interestingly enough be a Higher High if that indeed evolves into a Channel Up.


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Comments
dolmah
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Shib was last cycles meme, my money is on Pepe flipping Shib by early 2025. That requires a 6x based on current MCaps.

Shib MCap/FDV = 0.59 vs Pepe MCap/FDV = 1, multiple CEX listings, more recognized meme, etc...
MyCryptoParadise
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Optimistic outlook for PEPEUSD's future price trajectory.
Artaxxxxxx
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@MyCryptoParadise is it? Or is it undershooting it.. given where we are in the bull cycle.
TheGabz
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If I may... How do you get to view it that way?
With my settings, the current pump is already twice the size of the Apr-May '23 pump.
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