gtag('config', 'G-0PFHD683JR');
Price Prediction

Pepe whale leads to panic, fills 150B codes with low price

The cause of confidence

The strict editorial policy that focuses on accuracy, importance and impartiality

It was created by industry experts and carefully review

The highest standards in reports and publishing

The strict editorial policy that focuses on accuracy, importance and impartiality

Morbi Pretium Leo Et Nisl Aliguam Mollis. Quisque Arcu Lorem, Quis Quis Pellentesque NEC, ULLAMCORPER EU ODIO.

Este artículo también está disponible en estñol.

A great player in the world of Pepe Coin dispensed a large part of their holdings, causing the price of the M -currency to be swayed. This investor, who entered early in Bibi, was sold 150 billion symbols On the exchange of encryption, binance. The sale amounted to about $ 1.14 million. It is an important step that caught the attention of people who are going up and landing in these digital currencies.

Related reading

Early investment pays great fruits

The story becomes more interesting when we look at how much this investor puts in Baby. Reports say they spent only about $ 2,184 to buy a huge 1.5 trillion baby Icons, return, return.

Now, after selling some of their hideouts, this person has already made a profit of $ 6.66 million. This is like a return to approximately 4,718 times their initial investments. Even after this big sale, they still have a large amount of PEPE – about 493 billion, which are currently about $ 3.64 million.

The price takes a decline

The news of this big sale seems to have affected the Baby price. During the last day, the currency value decreased by about 4.59 %, according to the treatment. Even other sources are reporting a slightly larger decrease, more than 5 %.

Currently, one PEPE currency is trading about $ 0.00006976. It is a reminder that when someone carries a lot of cryptocurrency, his actions can have a real impact on the market price.

The Bibi market is currently at $ 2.9 billion. table: Tradingvief

The market shows signs of weakness

It is not only this big sale that presses Baby price. The total cryptocurrency market has been a little slow recently, and this contributes to the negative direction of PEPE.

Although the price is lower, much trading is still ongoing with PEPE. The trading volume in one day increased by about 3.90 % to 421.28 million dollars. This indicates that even with low prices, individuals continue to purchase and sell the M -currency.

Related reading

Technical indicators indicate below

Take a look at some technical charts followed by traders, things do not look very good for Pepe at this moment. One of them, known as as MACDIt indicates a declining signal, which means that the price may continue to decrease. Another one, RSI, is in the so -called “OverBoom” lands, at 24.55. This generally indicates a great pressure for sale.

The data also shows that the money has been flowing from Pepe since mid -January, and it is not a good sign of its price. Some analysts expect that if Pepe remains less than a specific price point, about $ 0.0000075, it may decrease by 20 % to about $ 0.00000585.

Distinctive image from Gemini Imagen, the tradingvief chart

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button