August 1st, 2025 – A tough day for altcoins, hit once again by tariff concerns.
But let’s talk about
PEPE, one of my favorite altcoins to track. Why? No VC backing, the entire supply is community-held, and volume is consistently strong—making it a reliable market sentiment indicator.
Weekly Outlook:
PEPE remains in a macro uptrend, riding above the 100 EMA.
- My Momentum indicator has triggered two buy signals: at 0.00000634 and 0.00001040
- RSI is rising but still mid-range—there’s plenty of room to move higher.
- MACD is gradually ramping up.
- Stochastic RSI is cooling off, but given the strength of the other signals, further downside looks limited.
Technically, we’re seeing a bullish flag pattern. Price is currently testing support at the lower range—likely setting the stage for a decisive move in the coming weeks.
Conclusion:
Based on the current indicators and structure, the odds favor a bullish breakout and continuation of the uptrend—though, as always, DYOR.
But let’s talk about
PEPE, one of my favorite altcoins to track. Why? No VC backing, the entire supply is community-held, and volume is consistently strong—making it a reliable market sentiment indicator.Weekly Outlook:
PEPE remains in a macro uptrend, riding above the 100 EMA.- My Momentum indicator has triggered two buy signals: at 0.00000634 and 0.00001040
- RSI is rising but still mid-range—there’s plenty of room to move higher.
- MACD is gradually ramping up.
- Stochastic RSI is cooling off, but given the strength of the other signals, further downside looks limited.
Technically, we’re seeing a bullish flag pattern. Price is currently testing support at the lower range—likely setting the stage for a decisive move in the coming weeks.
Conclusion:
Based on the current indicators and structure, the odds favor a bullish breakout and continuation of the uptrend—though, as always, DYOR.
Telegram: t.me/metaisland_gg
Twitter X: x.com/cryptonikkoid
Web: nikkoid.com
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Twitter X: x.com/cryptonikkoid
Web: nikkoid.com
I do not answer to private messages. Use the comment section of the idea or script, or use Telegram.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Telegram: t.me/metaisland_gg
Twitter X: x.com/cryptonikkoid
Web: nikkoid.com
I do not answer to private messages. Use the comment section of the idea or script, or use Telegram.
Twitter X: x.com/cryptonikkoid
Web: nikkoid.com
I do not answer to private messages. Use the comment section of the idea or script, or use Telegram.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.