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koinmilyoner
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صاعدIs PEPE and Meme Coins Dead? Trump Tariffs Cause Panic Sale
After a “Liberation Day” sell-off, PEPE is currently down over 75% from its all-time high four months ago, making it a tough “best crypto to buy” pick.
Pepe was struck hard by investment market liquidations caused by recession worries fueled by Trump's “tariff war” escalations.
Pepe survived better than most. Despite a 20% decrease this week, the meme currency gained 0.47% for the month, showing perseverance while others lost more.
Trump's Tariff War: Meme Coins at Risk?
Equities plummeted worldwide after the April 2nd “Liberation Day” tariffs. US markets followed Asia and Europe's losses.
Today, the S&P 500 fell 9.8% for the month, wiping off $2.4 trillion in value in its biggest single-day plunge since September 2022.
Crypto fluctuates with conventional markets, but its 15% market value drop this month indicates its vulnerability to risk-off sentiment.
Meme coins bleed more when crypto bleeds. Their speculation has deepened losses—down 16.5% for the month.
After the tariff war started in early February, meme currencies have become more volatile under market FUD.
Pepe's setup is unique despite meme coin threats. This month, it relies on historical support that has defined every significant low since mid-2024.
PEPE/USDT 1-day falling wedge chart. Source: Binance
Pepe may cross this level with the barrier that has stopped rising efforts during its 4-month slump.
PEPE might retest resistance—part of a falling wedge pattern that drove market movements since early December—if this level holds.
Still, momentum is uncertain as the RSI tries to break above the neural line. The rally looks to lack follow-through.
The MACD line has dipped below the signal line in a death cross, although this may be short-lived as with previous support zone tests.
If buying pressure increases, a breakthrough targets $0.00002, a 160% gain from present levels.
#PowellRemarks #PEPE #pepe⚡ #CryptoTariffDrop #WhaleMovements $PEPE $BTC $ETH
After a “Liberation Day” sell-off, PEPE is currently down over 75% from its all-time high four months ago, making it a tough “best crypto to buy” pick.
Pepe was struck hard by investment market liquidations caused by recession worries fueled by Trump's “tariff war” escalations.
Pepe survived better than most. Despite a 20% decrease this week, the meme currency gained 0.47% for the month, showing perseverance while others lost more.
Trump's Tariff War: Meme Coins at Risk?
Equities plummeted worldwide after the April 2nd “Liberation Day” tariffs. US markets followed Asia and Europe's losses.
Today, the S&P 500 fell 9.8% for the month, wiping off $2.4 trillion in value in its biggest single-day plunge since September 2022.
Crypto fluctuates with conventional markets, but its 15% market value drop this month indicates its vulnerability to risk-off sentiment.
Meme coins bleed more when crypto bleeds. Their speculation has deepened losses—down 16.5% for the month.
After the tariff war started in early February, meme currencies have become more volatile under market FUD.
Pepe's setup is unique despite meme coin threats. This month, it relies on historical support that has defined every significant low since mid-2024.
PEPE/USDT 1-day falling wedge chart. Source: Binance
Pepe may cross this level with the barrier that has stopped rising efforts during its 4-month slump.
PEPE might retest resistance—part of a falling wedge pattern that drove market movements since early December—if this level holds.
Still, momentum is uncertain as the RSI tries to break above the neural line. The rally looks to lack follow-through.
The MACD line has dipped below the signal line in a death cross, although this may be short-lived as with previous support zone tests.
If buying pressure increases, a breakthrough targets $0.00002, a 160% gain from present levels.
#PowellRemarks #PEPE #pepe⚡ #CryptoTariffDrop #WhaleMovements $PEPE $BTC $ETH
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