Summary
TLDR: Despite recent price drop, Pepe investors are holding steady with optimism for recovery. Transition of tokens to mid-term holders indicates growing belief in the meme coin’s prospects. Investor support, including from crypto whales, forms a strong defense against further declines. Pepe’s price prediction suggests potential rebound past all-time highs, but breaking current support could trigger a corrective phase. Always conduct your own research and consult with a professional before making any financial decisions.
Key Points
1. Pepe’s price is at a critical support level, reflecting the broader market’s corrective phase.
2. Investor confidence remains high, with a shift towards mid-term holders indicating belief in Pepe’s potential for future gains.
3. Positive signals from the Ichimoku cloud and investor bullishness suggest Pepe could reach a new all-time high, but breaking below current support could trigger a corrective phase.