The price of $PEPE has dropped by 5% in the last day and is now at $0.000007554. But in the past week, it's gone up by 55%, and in the past year, it's surged by 3,000%. Someone with a lot of money recently bought $1.5 million worth of Pepe, suggesting they think its price will go up. The signs are showing that Pepe might start going up again soon.
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ElonMusk
· 2024-04-26 15:14
XRP Price Prediction: Staying above this level is key
The XRP price is at $0.51, which is exactly at the 23.6% Fibonacci retracement level of $0.73 and $0.42. This Fibonacci level is also known as Bear Market support floor. The reason behind this is that although this support has not been broken, long, there is still a chance for encryption assets to see a recovery.
However, given the fall sentiment noted by investors, it seems likely that XRP price will fall fall through this support. This will result in altcoin lower fall to test $0.47 as support, which would mark an 18% lower fall as Ripple Token reach a support of $0.42.
Sure, here's a simplified version:
The price of $PEPE has dropped by 5% in the last day and is now at $0.000007554. But in the past week, it's gone up by 55%, and in the past year, it's surged by 3,000%. Someone with a lot of money recently bought $1.5 million worth of Pepe, suggesting they think its price will go up. The signs are showing that Pepe might start going up again soon.