Points
- PEPE meme coin shows potential for significant price movement.
- Analyst suggests a spike to $0.0000451 if resistance is broken.
- Failure to break resistance could lead to a decline to $0.000004.
- BONK is gaining positive sentiment and is primed for a bullish move.
- Community sentiment and technical indicators support BONK’s potential rise.
The PEPE meme coin is currently at a critical juncture, with analysts suggesting that it could either experience a massive pump or a significant crash. According to analysis by ‘thescalpingpro’ on X （Twitter）, PEPE is trading below strong resistance at around $0.00001. If PEPE manages to break this resistance and reclaim the level, it could spike to $0.0000451. However, failure to break this resistance might result in a retracement to $0.000004.
Supporting this potential bullish scenario, Market Spooter, another analyst with over 40,000 followers on
X, posted a 4-hour chart analysis of PEPE’s price, indicating that the meme coin is trading below a descending trend line. If PEPE breaks above this resistance, it could initiate a long bullish run.
In parallel, BONK is showing strong bullish sentiment, having bounced off a major support level and increased by more than 20% recently. The price has continued its upward movement, rising another 12%. BONK is currently trading above a resistance level at $0.0000261, and closing above this price could help maintain the bullish trend.
According to AlphaScan AI, BONK could be primed for the next leg up. They reported that 34.8% of all BONK’s weekly mentions occurred in the last 24 hours, and 35% of all monthly mentions happened in the last seven days. These numbers indicate strong sentiment momentum for BONK, suggesting a potential for further price increases.
解説
- PEPE’s Critical Resistance: The key resistance level at $0.00001 is crucial for PEPE’s future price action. A successful break could lead to significant gains, while failure might result in a substantial decline.
- Technical Analysis of BONK: The positive momentum and bullish sentiment for BONK, as indicated by both price action and social media metrics, suggest it is well-positioned for further gains.
- Market Sentiment: The strong community engagement and positive sentiment for BONK highlight the importance of market sentiment in driving meme coin prices.
- Investment Strategy: Investors should monitor key resistance and support levels for both PEPE and BONK to make informed decisions. Understanding market sentiment and technical indicators can help identify potential entry and exit points.