Technical analysis by CryptoNikkoid about Symbol PEPE: Buy recommendation (7/25/2024)

PEPE, like all altcoins, is suffering from the BTC selloff caused by MT.Gox, governments, Grayscale, etc. Its price is now in consolidation before the next move. I forecast an altseason around September/October. Now is the time to seize any opportunity to accumulate at a low price.In this chart, I identify the supports and resistances. PEPE in the green box is a good opportunity to buy long with a +30% increase at recovery and potentially more for the end-of-year alt season.DYOR. This is my personal analysis, not financial advice.We have currently a pull back which might bring PEPE in the buy zone, keep an eye on it.PEPE has reached our green buy zone. Of course the lowest the best. I think that we can expect 0.00001080 because MT.GOX sent $3.5 B worth of BTC to Bitstamp and we can expect a -5% from BTC in consequence. Anyway, I have updated the buy box and the chart to the latest market condition, check it here:We are back in the buy zone. Time to consider refilling our bags.Another idea that worked.