Oy vey! Pepe price, it’s about to go meshuga! π€ͺ We’re talking a bullish breakout so strong, it’ll make your bubbeleh kvell! All thanks to those big-shot whales who can’t get enough Pepe!
Pepe Coin (PEPE), bless its little heart, jumped to $0.00001450! A whopping 175% jump from the dreck it was in back in April! π€£ Coincidence? I think NOT! It’s all part of this crazy crypto bull run, pushing the whole market to almost $3.5 trillion! That’s more than my Uncle Morty made in his whole life!
Pepe’s soaring higher than a matzah ball at Passover! On-chain metrics are saying the whales are hoarding Pepe like it’s going out of style. Holders with 10 to 100 million coins? They’re sitting on over 4.02 trillion PEPE! Up from 3.9 trillion in February! What a bunch of goniffs! π€
And it’s not just the big kahunas! Even the smaller whales, with a measly 1 to 10 million coins, are piling up the Pepe! Their collective stash is at a record high of 517 billion coins! Whale accumulation? That’s Yiddish for “investor confidence”! They think Pepe’s got more upside than a rocket ship! π
But wait, there’s more! The number of Pepe holders is growing faster than my waistline at a buffet! We’re talking 437,000 addresses, up from 370,000 on January 1! Even when the coin went into a bear phase (oy, such tsuris!), people kept buying! They must be meshugge!
And get this: the Mean Dollar Invested Age is climbing higher than my mother-in-law’s expectations! The 365-day MDIA is up to 143, from 57 in January! That means the long-term holders are holding on tighter than a miser to a shekel! Another bullish sign? You bet your tuchus! π
Pepe Coin is also riding the self-custody wave! Exchange netflow is more negative than a rainy day at Coney Island. More investors are pulling their tokens off exchanges than preparing to sell! They’re keeping their Pepe close to their vests! Smart move, folks! π€
Pepe price is about to form a golden cross
The daily chart shows that Pepe Coin hit rock bottom at $0.0000052 in March and then soared to $0.00001455. The token is now hovering around the 50% Fibonacci retracement level. It needs to break above to confirm further upside. C’mon Pepe! You can do it!
And A bullish technical pattern that occurs when the 50-day and 200-day weighted moving averages cross. The spread between the two moving averages has narrowed considerably, increasing the probability that the crossover will occur soon. It’s gonna be HUGE! π€©
If the golden cross completes and the price breaks above the key resistance at $0.00001535, it would confirm a bullish breakout. In that scenario, PEPE could rally toward a new all-time high of $0.00002835, approximately 94% above the current price! That’s enough to make even my dentist smile! π So, what are you waiting for? Buy! Buy! Buy! (But don’t blame me if you lose your shirt! π)
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2025-05-22 16:42