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The Frog’s Leap: Pepe Coin Eyes 60% Rally as Whales Get Greedy!

BBG News

Pepe Coin (PEPE), that adorable amphibian of the crypto pond, has hopped up by nearly 9%, surviving the Fed’s latest meeting without so much as a croak of concern. Trading at a very respectable $0.00000837, it’s teasing us with the possibility of breaking through the mythical $0.000010 barrier, all thanks to a tidal wave of whale-sized purchases. In 2025, these big fish are packing a punch with 24 trillion PEPE coins. Could this renewed vigor lead to a thrilling 60% rally up to $0.00001465? Only time will tell… but hey, it looks promising. 🐸💰

Pepe Price Surge Targets Cup and Handle Pattern Breakout (Hold onto Your Tadpoles!)

On May 7, Pepe coin surged a modest 5.28%, completing a bullish engulfing candle and pulling off what we in the industry call a “morning star pattern” — sounds fancy, doesn’t it? This is basically the crypto equivalent of a cat stretching after a nap. This marks the end of a seven-day losing streak (poor Pepe, had to deal with those bear market blues) and signals a possible trend reversal. Watch out, folks, we’re in for a ride! 🚀

PEPE has now officially crossed the 23.60% Fibonacci level at $0.00000823 (don’t ask, it’s a thing) and is now eyeing that pesky $0.0000090 resistance like a frog looking at a juicy fly. What’s more, the meme coin has unveiled a cup-and-handle pattern — yep, that’s right, it’s literally doing yoga. The “cup” formed when PEPE bounced from $0.00000576 in early April, and now it’s just waiting to jump through the “handle.” The neckline? A cozy little spot at $0.0000090.

If PEPE can close above that neckline, we’re off to the races. A breakout could send PEPE all the way up to $0.00001465 (61.80% Fib level — no biggie), and we’ll all be celebrating like we’ve just found the frog’s pot of gold. 🏆

As PEPE frolics above $0.0000075, the Supertrend Indicator is giving us a thumbs-up, signaling that bullish momentum is here to stay. Add in the MACD and Signal lines flirting with a crossover, and we’ve got all the signs of a crypto renaissance. But remember, it’s not all sunshine and lily pads. 🐸💡

But, oh dear, should PEPE fail to break through that neckline, it might take another dip, and we’ll be back to testing that $0.0000075 mark. Maybe the frog needs a bit more coffee…

Whale Holdings Add 24T PEPE in 2025 (Big Fish Are Swimming in the Pond!)

According to IntotheBlock’s Balance by Holding Indicator (yes, that’s a real thing), the PEPE whales (those big, wealthy creatures of the sea) have increased their holdings by a whopping 20%. From January 1 to May 7, the number of PEPE coins in the possession of these giants has leaped from 119.83 trillion to a staggering 144.56 trillion. Clearly, these whales are feeling pretty confident, and that’s usually a sign that they’re expecting a bull run. Who can blame them? 🐋💵

Rising Long Positions Defend Short Liquidation Risk (It’s Getting Tense!)

According to Coinglass, PEPE’s Open Interest now stands at $396 million, and long positions have hit a hefty 52.78%. The long-to-short ratio is rising faster than a frog on a trampoline, now at 1.1177 — which screams “optimism!” On the PEPE Liquidation Map, you can see the positional build-up defending a $1.64 million liquidation risk at $0.00000832. The more this uptrend holds, the more we could see a surge in short liquidations, which would just fuel the rally. 🐸🔥

So, if this uptrend continues, short liquidations will increase and push Pepe to its grand finale: the $0.000010 breakout and beyond. That means we’re setting ourselves up for a glorious bullish run toward $0.00001465. Hold your breath, folks, it’s going to be a bumpy, but very green, ride! 🐸💸

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2025-05-08 07:14

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