PEPE, like all altcoins, is suffering from the BTC selloff caused by MT.Gox, governments, Grayscale, etc. Its price is now in consolidation before the next move. I forecast an altseason around September/October. Now is the time to seize any opportunity to accumulate at a low price.
In this chart, I identify the supports and resistances. PEPE in the green box is a good opportunity to buy long with a +30% increase at recovery and potentially more for the end-of-year alt season.
DYOR. This is my personal analysis, not financial advice.
Catatan
We have currently a pull back which might bring PEPE in the buy zone, keep an eye on it.
Catatan
PEPE has reached our green buy zone. Of course the lowest the best. I think that we can expect 0.00001080 because MT.GOX sent $3.5 B worth of BTC to Bitstamp and we can expect a -5% from BTC in consequence. Anyway, I have updated the buy box and the chart to the latest market condition, check it here:
Trading ditutup: target tercapai
We are back in the buy zone. Time to consider refilling our bags. Another idea that worked.
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