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Despite a slightly low price, the Pepe whales continue to buy more of this currency, is it wise to follow them?

The rate of new investments has increased for the PEPE (PEPE) room strongly in recent days, in a new connotation that it has a spacious future perspective.

The character of the currency pee in an official costume seated in front of a computer screen displays a project price

The price of money Mimbe (PEPE) decreased by 8% in the last 24 hours to 0.000008475, following the market of 3.5% today, following the correction of the enthusiasm that followed the Donald Trump declaration, in preparation for a commercial agreement with China, in the absence of tangible consequences for the initiative of the American president.

However, the price of Pepe still maintains gains of 16% in a week and 26% compared to its value two weeks ago, after having spent a new wave of purchase following the whale initiative (main investors) to buy more in large quantities. Due to the double exchange volumes of about 4 times in the past few days, they can continue to earn more in the coming days.

Pepe’s price decreases a little, but whales continue to buy in large quantities. Is it wise to follow?

The latest Pepe gains are mainly allocated to the owners of 5 separate crypto governors buying more than 600 billion PEPE currencies on April 15, when the price was about $ 0.00,00070, so that the currency is then launched on an upward path despite its lack of strong purchase pressures thereafter by whales during the week or speech.

But by examining the graphic plan for the daily PEPE / USD price, we can notice the survival of prices at the start of a medium -term management.

For example, an average 30-day index started with an orange of 30 days in an orange summit to its 200-day counterpart (DMA-200 in blue), and it is likely that there is no room for the launch before collision with the upper term barrier (DMA-200) and a strong correction.

We will also notice the high reading of the relative resistance index (in purple) to nearly 70, after spending almost two months under 50, indicating that it goes on an excessive wave of sales.

Source: tradingView

Consequently, the PEPE price continues to recover in the coming days, provided that the wider market continues to increase after also adopting a prolonged sales wave, while other positive indicators include the fact that the Pepe’s investment agriculture rate was very positive in the past few days, in another indication of the renewal of purchase pressures. Given the enjoyment of a history of waves of height and strong fluctuations, some analysts see the possibility of double its value up to 10 times during the expected wave of heights.

Consequently, we can attend the start of the PEPE price at the top in contact with $ 0.000010 in next month, in order to recover the level of $ 0,000020 by the last three months of this year.

New mm currencies can surpass other companies

For those who see that Pepe will not be able to restore its lost shine, there are new alternatives that could exceed its counterpart to some of the firmer MIM currencies in the coming months, the most important are the new currencies that still pass through the stage of their subscription and can provide solid gains as soon as they are included in negotiation platforms if the conditions are favorable, in particular prosperous. Fantasy Pepe (FEPE) is witnessing to work according to the ERC-20 standard, one of the most recent and exciting chipto subscriptions, and its subscription was launched a few days ago to quickly exceed the toll of $ 200,000, in the midst of its exciting currency the attention of investors quickly.

It should be noted that the Fantasy PEPE developers plan to launch a platform that allows users to participate in betrayal markets, in particular the expectations of exciting football matches, generating artificial intelligence technologies (AI), which will include personalities linked to famous MIM currencies, to obtain those who succeed in expecting an effortless result.

Not only will that, but the platform will offer other advantages, such as participation in the chances of imaginary football teams inspired by M and win the virtual league, while providing an audio comment on matches in a radio style.

In all, the platform will provide an exciting and overwhelming game, and interested traders can participate in the Fepe subscription by visiting the official Pepe Fantasy website. Currently, the new FEPE piece is sold during its subscription for only $ 0.00307, ​​and it should continue to increase with its successive steps until its end, those interested should therefore speed up the purchase.

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The position despite a slightly low price, the Pepe whales continue to buy more of this currency. Is it wise to follow them? APPLERDIRST on Arab Cryptonews.

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