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Buying The Dip: PEPE Price Recovers 10% As Whales Load Their Bags

NewsBTC LogoNewsBTC13h ago

Buying The Dip: PEPE Price Recovers 10% As Whales Load Their Bags - NewsBTC

Quick Summary:

Related Reading: USTC Preps For Explosive 360% Run, Crypto Analyst Reveals When Whale Goes On Buying Spree A week ago, the crypto market saw a significant slump, with most cryptocurrency prices nosediving by over 20%.

The trader considers the token is "gaining strength again” after the latest "little correction.” This suggests to him that the "next step is a breakout of the descending broadening wedge.” Per the post, a breakout could lead to a run that would retest key resistance levels and propel the price to a new all-time high (ATH).

In the last week, the address spent 3.13 million USDT to buy the 420 billion tokens at an average price of $0.000007455.

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Article Details

Author / Journalist: Rubmar Garcia

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-13 @ 08:00:15 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 589 words

Reading Time: 4 minutes read

Sentences: 78 lines

Sentence Length: 8 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 22061637

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 7 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 15 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #102

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