Comrades! We're serializing Chandler's analysis of PEPE. Chandler believes in Pepe a lot and says there's a lot of growth waiting for him. Pepe has dropped more than 74% in the last 90 days! But there seems to be another story going on here!
Chandler says small investors are worried about falling prices, but whales are starting to buy. According to the data, the big three wallets bought 689.79 billion Pepes in the last 11 hours alone, worth about 4.3 million!
What does Chandler's technical analysis say? The RSI indicator in the daily timeframe has dropped below 30. Chart analysis also shows PEPE is in the cumulative phase, which is usually followed by a strong upward momentum.
With heavy whale purchases and technical signals, there could be a strong bullish turnaround on the way. Of course, market conditions are still uncertain, but memcoins have already shown that they have explosive growth after the accumulation phase!
Guys, be careful with your risks and investments and don't get involved in Fumo! Also, this is not my analysis, and the risk of profit or loss is your own. Be sure to follow the Capital Management, which is more important than the bread of the night!
