PEPE Consolidation Near Breakout Point Fuels Growing Bullish Sentiment
The post PEPE Consolidation Near Breakout Point Fuels Growing Bullish Sentiment appeared on BitcoinEthereumNews.com. PEPE consolidates near key resistance as whale accumulation grows, raising trader expectations for a potential breakout soon. Pepe (PEPE) is holding close to a key resistance area after recent price swings, drawing attention from traders and analysts. The frog-themed memecoin has been consolidating in a narrow range, suggesting that a breakout move could be approaching. Market watchers are closely monitoring whale accumulation and price patterns for signs of the next direction. Galaxy, a crypto analyst, noted that PEPE has a tendency to stay near its trendline for weeks after breaking out. In a past cycle, the token moved sideways for about 40 days before making a strong advance, and the current phase is near the 30-day mark. This observation has added to the speculation that the token could soon attempt a move higher. $PEPE likes to stay around the trendline for a while after breaking out. Last time it took 40 days before some serious moves, we are now around day 30. pic.twitter.com/WdtCUTS1qG — Galaxy (@galaxyBTC) August 14, 2025 Whale Activity Suggests Accumulation Continues Large PEPE holders have increased their positions despite recent weakness in the memecoin market. Data from Nansen shows that the top 100 PEPE wallets on Ethereum boosted their holdings by 1.5 percent in the past 30 days. Over the same period, PEPE balances on exchanges dropped by 0.5 percent, indicating that coins are being moved to private wallets. Steph, another prominent voice in the crypto space, predicted that PEPE could create new millionaires in the coming months. Such optimism comes even as the token has fallen by about 4 percent in the last 24 hours, underperforming both the broader crypto market and other memecoins. $PEPE will create many new millionaires in the next 2-3 months! pic.twitter.com/GNbi2trDV4 — STEPH IS CRYPTO (@Steph_iscrypto) August 14, 2025 Technical…
The post PEPE Consolidation Near Breakout Point Fuels Growing Bullish Sentiment appeared on BitcoinEthereumNews.com.
PEPE consolidates near key resistance as whale accumulation grows, raising trader expectations for a potential breakout soon. Pepe (PEPE) is holding close to a key resistance area after recent price swings, drawing attention from traders and analysts. The frog-themed memecoin has been consolidating in a narrow range, suggesting that a breakout move could be approaching. Market watchers are closely monitoring whale accumulation and price patterns for signs of the next direction. Galaxy, a crypto analyst, noted that PEPE has a tendency to stay near its trendline for weeks after breaking out. In a past cycle, the token moved sideways for about 40 days before making a strong advance, and the current phase is near the 30-day mark. This observation has added to the speculation that the token could soon attempt a move higher. $PEPE likes to stay around the trendline for a while after breaking out. Last time it took 40 days before some serious moves, we are now around day 30. pic.twitter.com/WdtCUTS1qG — Galaxy (@galaxyBTC) August 14, 2025 Whale Activity Suggests Accumulation Continues Large PEPE holders have increased their positions despite recent weakness in the memecoin market. Data from Nansen shows that the top 100 PEPE wallets on Ethereum boosted their holdings by 1.5 percent in the past 30 days. Over the same period, PEPE balances on exchanges dropped by 0.5 percent, indicating that coins are being moved to private wallets. Steph, another prominent voice in the crypto space, predicted that PEPE could create new millionaires in the coming months. Such optimism comes even as the token has fallen by about 4 percent in the last 24 hours, underperforming both the broader crypto market and other memecoins. $PEPE will create many new millionaires in the next 2-3 months! pic.twitter.com/GNbi2trDV4 — STEPH IS CRYPTO (@Steph_iscrypto) August 14, 2025 Technical…
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