Summary
TLDR: PEPE’s supply on exchanges decreased, signaling potential price increases as holders anticipate gains. Mean Coin Age suggests accumulation and a consolidation phase, setting the stage for a possible price surge. Despite struggles to maintain above $0.0000080, PEPE may reach $0.000011 if it breaks the $0.0000085 level. Conduct your own research before making any financial decisions.
Key Points
1. PEPE supply on exchanges saw a significant drop in just one day, signaling potential rise in value as Mean Coin Age increases, indicating accumulation phase.
2. PEPE price struggles to surpass and maintain above the $0.0000080 threshold despite a 442.77% increase this year, with EMA lines suggesting potential consolidation for a price surge.
3. PEPE Mean Coin Age has been consistently increasing since March, suggesting accumulation and a decrease in selling pressure, hinting at a potential price surge.