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Pepe Coin: The New Meme Coin Sensation of 2024Pepe coin, a meme coin that’s quickly becoming a legend in its own right, has astonishingly reached the 3B market cap mark, positioning itself as the 3rd meme coin ever to achieve such a feat. This remarkable achievement comes after a staggering 400% gain in just the last week. 🔥 Currently, it stands proudly at the 40th rank by market cap and an impressive 9th rank by volume in the last 24 hours . Let’s take a closer look at Pepe coin and see why everyone’s talking about it. 👇 ✅ Pepe’s Market Performance: A Quick Overview The buzz around Pepe coin is palpable, and it’s already being hailed as one of the top meme coins of this cycle. And guess what? The real euphoria hasn’t even kicked in yet. 🔥 Pepe is coming out of the long-term accumulation range, and with the crypto market starting a new bull cycle, the momentum is going to accelerate soon. The current candles’ range and the volumes are a testament to the underlying strength. ✅ Comparative Analysis: Pepe vs. Doge ⚡️ Structural Similarities between PEPE and DOGE If we place Pepe and Doge alongside, it’s like looking at two sides of the same coin . The market structures and fractals of Doge from 2020 to 2021 bear a striking resemblance to Pepe’s current trajectory. And what do the market gods say about history? It is often similar and repeats itself! 👀 At the moment, it looks like Pepe is right at the same stage as Doge was in 2021 , when it started it’s monster rally. The momentum building up around Pepe suggests we’re just at the beginning of what could be an exhilarating euphoric phase. ⚡️ Relative Performance of PEPE and DOGE Since there’s no symbol for PEPEDOGE, we can make a ratio chart by dividing PEPE by DOGE to make a custom symbol. Looking at the chart, Pepe has significantly outperformed Doge by over 300%. I’ve used the latest swing as a reference because it’s the most relevant point in the current scenario, as meme coins have been rallying from that point onwards. ✅ Broader Market Context ⚡️ Relative Performance of DOGE and BITCOIN We’re examining this chart to grasp how the market context is evolving. Doge has consistently been lagging behind BTC for a couple of years . Both its price and momentum are at historic lows. However, there are early indicators suggesting a reversal and a change in trend. This implies that once the alt season kicks in, Doge will gain momentum and surpass Bitcoin. This context is crucial because it sets the stage for Pepe’s performance, suggesting that its lead over Doge could extend throughout this market cycle. ⚡️ Relative Performance of PEPE and BITCOIN Despite Bitcoin’s dominance, Pepe has been making waves, outperforming the crypto giant and hinting at the immense potential it holds for the upcoming alt season. This strengthens the fact that once the market-wide alt rally begins, Pepe can outperform others by a huge margin. Conclusion Pepe coin’s journey is a fascinating tale of unexpected triumphs and the unpredictable nature of meme coins. Its rapid ascent to a SEED_TVCODER77_ETHBTCDATA:3B market cap and its standout performance in the market are clear indicators of its potential to climb even higher, possibly reaching the $50B mark or beyond. While the crypto market is known for its volatility and surprises, Pepe coin’s current trajectory suggests that it’s on its way to becoming one of the top 10 coins in this cycle. The excitement around Pepe is undeniable, and for those of us watching, participating, or just cheering from the sidelines, it’s a reminder of the thrilling unpredictability that draws us to cryptocurrencies. Thanks for reading. Hope you found it useful. Let me know your thoughts in the comments. Cheers! Disclaimer: This post should NOT be construed as investment advice and is meant for learning purposes only. Please consult your financial advisor before making any investments.
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Long
by johntradingwick
5
#NIFTY Support & Resistance / 1 Mar 202415-minute support and resistance levels for NIFTY, which I use as context for my larger, single stock breakout and reversal intraday trading setup. I try to share next-day stock and index levels, as well as results, to benefit the community. If you or someone you know may find this information useful, please feel free to share, comment, follow or get in touch for more information. Disclaimer: Trading and investing carry risks, and you should consult with a qualified financial professional before making any investment decisions. Any charts or patterns mentioned are for educational purposes only and do not guarantee future results. Past performance is not indicative of future performance. Always conduct your own research and consider your risk tolerance before engaging in any trading activities.
NSE:NIFTY
by QUANTECHNICAL
BANKNIFTY heading towards important SUPPORT now! As we can see despite the strength in the first half, BANKNIFTY failed to sustain at higher levels and fell unidirectionally or we can say that it remained more like sideways to negative as analysed in our previous analysis. NOW that BANKNIFTY has shown substantial downside in last few days, we can see it is heading towards important SUPPORT 44100 levels and any good rejection around this level could a great entry for positional call side so plan your trades accordingly.
NSE:BANKNIFTY
by Wealthcam
INDUSTOWER Momentum Setup 💹Greetings traders! 👋 Today, I'm excited to share my analysis on INDUSTOWER, highlighting a promising positional setup with a breakout supported by volume. Here's what you need to know: 📈 Setup: Positional Breakout With Volume 🔍 Analysis: I've conducted comprehensive analysis across multiple timeframes, confirming the breakout setup. 📊 Indicator Support: Momentum indicators are indicating strong support for the bullish momentum. Stay tuned for potential upside momentum on INDUSTOWER! Remember to conduct your own analysis and implement proper risk management strategies. #INDUSTOWER #PositionalSetup #BreakoutAnalysis #VolumeAnalysis #TechnicalAnalysis #TradingView #StockMarket 🚀
NSE:INDUSTOWERLong
by Uday_Mandal
Will previous SUPPORT will act as a RESISTANCE now?As we can BANKNIFTY despite its weak opening showed strong upmove breaking the cognitive dissonance that was created by making doji candle in last few trading sessions which was very well analysed in our previous analysis wherein we expected this strong upmove. Now it can be seen closing at important level as following the previous structure it can be seen it has closed around RESISTANCE which previously acted as a SUPPORT hence if BANKNIFTY opens very strong then we may see another weakness in BANKNIFTY and if opens flat then we may see it again getting rejected making it sideways to negative market so plan your trades accordingly.
NSE:BANKNIFTY
by Wealthcam