The whale sell-off is shifting sentiment towards a bearish zone, as the Pepe coin price has continued to struggle since June. The whale activity is causing a bearish momentum as Pepe coin price has seen a 17% drawdown since last month. However, smart investors are now queuing behind another new Ethereum token that analysts say is the best crypto to buy now.
A combination of the utility and rising positive sentiment around this new Ethereum-based token is making it the best crypto to buy now. Hence, as whales continue selling PEPE, this coin is poised for a 30x breakout as buying momentum intensifies. Let’s go into the details.
What The Market Is Saying About The Pepe Coin Price This Month
While the PEPE sentiment dominated most of last year, the hype has drastically reduced since January, removing it as the best crypto to buy now. This is after the Pepe coin price high of 0.0.00002825 in December last year.
However, the massive sell-off that follows has continued clouding the PEPE coin price with a bearish undertone, recording repeated month-on-month losses. In addition to this price drop, the Pepe coin price has recorded an additional 5.9% drop in price since last week.
Although the market outlook indicates a pseudo-reversal from the bear in April, the price has remained below the 7 EMA. The RSI reading on the monthly chart further shows a weak momentum with the price barely above the 50 RSI.
However, eyes are now on the $0.00001543 resistance if the Pepe coin price could break the level before the end of the month as a sign of a bull takeover.
Remittix Gains Edge Over Pepe Price Trends In The Current Bull Market
Remittix presale has finally hit the $20 million softcap and is ready for exchange listing, with analysts saying it could be the best crypto buy now. Now, more than ever, it is the best time to buy as much Remittix as possible, as experts predict a 30x Surge before December.
In a follow-up to the Remittix team announcement this month, BitMart has become the first exchange where Remittix will be launched.
The Remittix buying momentum has skyrocketed in the last few days, with over a million dollars in inflow in less than a week. This is an unprecedented show of support for the new Ethereum-based token as its utility draws in whales and retail traders. Analysts’ prediction highlights the following factors to help Remittix pump high this year:
- The coming wallet launch
- Business adoption with its crypto-to-fiat payment API
- This has the potential to impact the payment industry by helping users complete easy crypto-to-fiat payments to bank accounts.
Remittix is becoming the best crypto to buy now, as it prepares for a massive surge this year. Don’t miss out on an opportunity to buy today.
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Website: https://remittix.io/
Socials: https://linktr.ee/remittix
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This article contains information about a cryptocurrency presale. Crypto Economy is not associated with the project. As with any initiative within the crypto ecosystem, we encourage users to do their own research before participating, carefully considering both the potential and the risks involved. This content is for informational purposes only and does not constitute investment advice.
