The whale buys 228 BBBB as another MG currency is 22 % gathering star-news.press/wp

Main meals

• Baby increased by 30 % in 48 hours as it buys whales, exchanging external flows, and bullish technology. Traders prefer long positions, indicating the possibility of a 22 % mobilization of about $ 0.000016.

In the past two days, the feelings through the scene of the cryptocurrency have turned significantly towards the upper side.

Amid this, Pepe (PEPE) recorded impressive gains, and attention has increased significantly.

The encryption whale buys 228 billion bibi

Despite the upscale momentum by 30 % over the past 48 hours, whales, investors and retail dealers have shown great attention and confidence in Memecoin.

Recently, Lokonchain has participated in tracing Blockchain transactions on X (previously Twitter) showing that the whale wallet address, 0x06b3, spent $ 2.68 million to buy 227.8 billion Pepe.

source: Q (previously Twitter)

This great purchase was recorded before Bitcoin reaches its highest level ever.

Not only that, the exchanges also recorded a prominent flow. According to Coinglass data, Pepe has left more than $ 9.80 million over the past 48 hours.

Source: Coinglass

Such an external flow of assets amid ascending momentum and potential accumulation can lead to an increase in purchase pressure and increased fuel in the assembly.

Current price momentum

At the time of the press, PEPE was trading near $ 0.000001273, after it recorded the price of 15 % in the past 24 hours.

During this period, the investor and merchants’ participation increased, which led to an increase of 70 % in the trading volume compared to the previous day.

This increase in both the price and trading size indicates a strong upward momentum and a purchase pressure, which may help the MIMEN to maintain its recent gains.

Pepe Technical Analysis, 22 % Rally Ward?

Ambcrypto’s technical analysis reveals that PEPE is now in an upward direction and is currently on his way to maximum gains.

According to The Daily Chart, Memecoin recently dismantled the lengthy countdown line, as well as the Tawhid area, along with the 200 -day SIA moving average (EMA).

Source: TradingView

After its outbreak, Pepe printed three consecutive green candles, indicating a strong upward momentum.

If this trend continues, the original can reach another 22 %, and may reach a level of $ 0.000016.

However, declining prices may lead to correction, with a re -test of the penetration area or EMA for 200 days.

The interest of strong traders in long situations

Looking at the current market morale, traders seem to be betrayed by long positions instead of short situations.

At the time of writing this report, merchants were more than $ 0.00001246, as they built long jobs worth $ 2.61 million.

Meanwhile, another $ 0.00001296 was of excessive level, with a value of $ 1.65 million from the short positions designed by traders.

Source: Coinglass

This data indicates that the bulls are currently dominating the MIMON, and there is a strong possibility that the original continues to maintain its upward momentum.