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Pepe under pressure as whale distribution and weak signals cap recovery
Summary by The New York Ledger
Read with caution - this story is only being covered by one news source that has a ‘low factuality’ rating, which means the outlet has a history of poor reporting practices. Learn more about factuality ratings here.4 Articles
4 Articles
Pepe under pressure as whale distribution and weak signals cap recovery
Pepe (PEPE) remains under pressure, trading around $0.00000348 at the time of writing on Thursday after being rejected at a key resistance zone. Santiment data shows whale distribution, potentially fueling near-term selling pressure and capping PEPE. Meanwhile, mixed derivatives alongside weakening momentum indicators risk a deeper correction for the meme coin. Whales offloading meme coin […]
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Coinjournal
CoinjournalPEPE risks a deeper correction as whales sell 80 billion tokens
Key takeaways PEPE trades near $0.00000348 after rejection at its 200-day EMA. Whales holding 10 million to 100 million PEPE have sold 80 billion tokens since August 25. A break below $0.00000313 could trigger a correction toward $0.00000230. Pepe (PEPE) remained under pressure on Thursday, trading...
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Total News Sources4
Leaning Left0Leaning Right0Center1Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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