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Simon Chandler
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Simon Chandler
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The Pepe price has jumped by 2% in the past 24 hours, with the meme token showing signs of recovery just as its TD Sequential indicator flashed a buy signal over the weekend.
Named after veteran analyst Tom DeMark, the TD Sequential indicates the reversal of an ongoing trend, with PEPE’s TD Sequential showing signs of a turnaround after several consecutive periods of declines.
At $0.00001824, PEPE’s recent struggles have seen it lose 23% in a week and 29% in a fortnight, although its long-term price predictions look much more encouraging.
And with its trading volume remaining high at over $2 billion, it looks ready to rebound after a difficult period of profit-taking.
PEPE Price Set to Explode? $2.6 Billion Volume and ‘TD Sequential’ Signal Massive Rebound
Posting on X, cryptocurrency trader and analyst Ali Martinez noted that PEPE’s daily chart has flashed a buy signal, in the form of its TD Sequential turning positive.
Basically, the TD Sequential states that the completion of nine progressively lower (or higher) price candles indicates an incoming bullish (or bearish) reversal.
And in the case of PEPE, its completion of a TD Sequential suggests that it has re-entered a growth phase, as is also signalled by other indicators.
For instance, its chart today shows that its 30-period average (orange) is climbing steadily towards its 200-period average (blue), hinting that the coin is getting close to a breakout.
Something similar is happening with its relative strength index (purple), which after spending a few days oscillating below 50 looks to have cleared this level.
In other words, PEPE has begun to enter a more bullish period, as suggested by its TD Sequential.
Its trading volume also remains encouraging, which at $2.4 billion suggests that traders are still very much bullish for the token.
While we haven’t witnessed any big PEPE buys in the past few days, this month has seen whales step up their accumulation of the coin, as indicated by transfer data.
And given that it continues to attract attention, many analysts expect it to be one of 2025’s big performers.
It should continue to rise along with the wider market, particularly as the new Trump administration and Republican-controlled Congress pass pro-crypto legislation.
In this more favorable context, the PEPE price could reach $0.000025 by the end of January, and $0.000035 by Q2 2025.
New PEPE Tokens with Promising Fundamentals
The market is flooded with meme tokens, including Pepe-themed tokens that look at ape the runaway success of PEPE.
Many such coins are likely to be risky as investments, but there are ways of identifying the more promising examples among them, before they rally.
Probably the best way of doing this is to look for the biggest and most popular presales, since successful raises usually translate into strong listings and successful coins in general.
And of all the new presales this year, the biggest belongs to Wall Street Pepe (WEPE), an ERC-20 token that has raised a huge $35.5 million in its sale.
Given that it launched its sale at the end of last month, this is extremely impressive, suggesting that the market is very bullish about the new project.
And that’s because WEPE isn’t simply another utility-free meme coin, but also a platform that will provide traders with analysis and market insights.
WEPE holders will gain exclusive access to Wall Street Pepe’s real-time buying signals and insider trading strategies, helping them to stay ahead of the fickle cryptocurrency market.
Wall Street Pepe will also have its own community forums and spaces, where users can share tips and analysis, while also competing in trading competitions.
The platform will reward winners of these contests with WEPE, incentivizing greater engagement among its community.
And even now, Wall Street Pepe has a strong and growing following, with its X account reaching over 27,000 followers.
Investors can get involved in its sale by going to its official website, where WEPE is available at $0.0003654.
This will rise later today, while it will continue to rise incrementally as the sale progresses.
Traders should therefore act quickly, especially if WEPE is going to rocket when it lists next year.
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
