Pepe under pressure as whale distribution and weak signals cap recovery
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Pepe under pressure as whale distribution and weak signals cap recovery
Pepe (PEPE) remains under pressure, trading around $0.00000348 at the time of writing on Thursday after being rejected at a key resistance zone. Santiment data shows whale distribution, potentially fueling near-term selling pressure and capping PEPE. Meanwhile, mixed derivatives alongside weakening momentum indicators risk a deeper correction for the meme coin. Whales offloading meme coin […]
PEPE risks a deeper correction as whales sell 80 billion tokens - Invest In Crypto News
Key takeaways PEPE trades near $0.00000348 after rejection at its 200-day EMA. Whales holding 10 million to 100 million PEPE have sold 80 billion tokens since August 25. A break below $0.00000313 could trigger a correction toward $0.00000230. Pepe (PEPE) remained under pressure on Thursday, trading near $0.00000348 after failing to overcome a crucial resistance […]
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CoinjournalPEPE risks a deeper correction as whales sell 80 billion tokens
Key takeaways PEPE trades near $0.00000348 after rejection at its 200-day EMA. Whales holding 10 million to 100 million PEPE have sold 80 billion tokens since August 25. A break below $0.00000313 could trigger a correction toward $0.00000230. Pepe (PEPE) remained under pressure on Thursday, trading...
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