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Crypto News

Experts and flash buy Labib’s signal because he excels over BTC and ETH

In this continuous uncertainty in the market, Pepe (PEPE), the famous Crypto Meme, excels, on large encrypted currencies, including Bitcoin (BTC) and ETAREUM (ETH). Amid this, a prominent encryption expert published a post on X (formerly Twitter) and participated in a Mimi currency.

Buy a signal for Labib

In a post on X, the expert indicated that the technical indicator named TD Sequetial, a sign of a purchase of Meme Pepe, also hinted that the price can refresh when applied to the chart for 3 days.

However, this post gained on X widespread attention from the encryption community, and holders and investors were found in the long run that accumulates the distinctive symbol, as stated by the Analysis Company on the series Coinglass.

At a value of $ 9 million of external flow: a sign of accumulation?

Data from the immediate flow/external flow revealed that exchanges have witnessed a large flow of $ 9 million of Pepe Meme. This large flow indicates the potential accumulation by long -term holders, which can create remarkable pressure and fuel for another gathering in the upward trend currently faced by Meme.

PEPE is currently trading near $ 0.00001387 and has seen price increases to more than 8.15 % in the past 24 hours. During the same period, the trading volume jumped by 90 %, indicating a tremendous participation of traders and investors compared to previous days.

Main filter areas

Looking at the data, it seems that the bulls are currently dominating the Mimi currency, as it appears to be betting heavily on the long side.

Source: Coinglass

According to the data on the series, the main liquidation zone approaches $ 0.00001359, where optics are excessive and currently occupying long jobs worth $ 2.50 million. On the contrary, 0.00001405 dollars is another major level where sellers can be filtered on the open, where sellers can be filtered on the open, with $ 1 million in excessive positions in the record, if the price reaches this level.

When combining these scales on the chain, the bulls seem to dominate the original, and 0.00001405 dollars is a simple resistance level that can be breached soon, which opens the path for more bullish momentum.

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