#PEPE now test the neckline of the pattern at $0.0000049, a level that needs to flip to support to confirm the bullish setup.
The momentum indicators support a greater rise. The MACD is widening its gap above the signal line while the RSI approaches the neutral line of 50 for the first time in two months, both signals that buyers are controlling the movement.
Fully realized, the pattern points to a measured move of 50% to reclaim the November highs at $0.0000075. But if this level can be flipped to support, it could mark the beginning of an extended rally.
And with supportive market conditions, such as a U.S. interest rate easing in December to stimulate demand for riskier plays like PEPE, it could push 240% to May highs at $0.0000165.
$PEPE had an increase of ~12.84% in one day, which indicates renewed interest and good trading volume. It is reported that large 'whales' are accumulating PEPE tokens.
•$BTC $ETH Total capitalization: exceeds US$ 4 trillion. • Bitcoin: around US$ 114-115 thousand. • Ethereum: close to US$ 4,400-4,500. • Almost all of the top 100 is in green. 📈 Key factors for the rise: 1. Expectations that the Fed will lower rates → more appetite for risk. 2. Institutional flows and influx of liquidity (BTC ETFs and funds). 3. Start of altseason: altcoins with greater increases than BTC. 4. Positive technicals: strong supports and rising volume. 5. Corporate events (such as IPOs of crypto companies) that generate confidence.
$LINEA just listed at the price of $0.03525, up a massive 605% from its base! Expect an initial pullback to $0.028–$0.030, then a recovery phase that could push it back to $0.040+.
💡 Volume is strong with 1B+ tokens traded, showing high market interest. Will it keep climbing or face a deeper dip? Watch closely! 🔍 #linea #BinanceAlphaAlert #AITokensRally #AltcoinMarketRecovery #USNonFarmPayrollReport