Pepe coin another Fallen Hero when are we going to see the Revival areem coins dead is another question that is just popping into people's minds more and more more so than ever really um because let's face it we can see so many coins are down massive amounts Pepe 60% dog with hat 70% Bonk 64% flaky 60% and there's many other Blue Chip meme coins are just down even more so we are we have Sid from the euphoric tops massive Corrections for many many mem coins and you know Pepe is of course one of them has seen quite a large correction from that 7 billion down to $32 billion Mark now this does create opportunity but it also does create kind of fear and panic as well at the same time opportunity if you're someone that's not got in yet but you're waiting for a lower point or maybe if you did buy the all-time high and uh you know you want to reduce your average entry cost but some people actually put everything they have into these coins at the top and they're kind of stuck in a position where they cannot do anything except maybe even sell in a loss or wait for 2 or 3 years which just isn't realistic for most people now looking at Bitcoin we're sitting at $59,000 not really much excitement going on here for Bitcoin either 1.17 trillion on the market capital and I think at the moment we're actually in a fantastic place you zoom out we're at $177,000 2022 so Bitcoin is still flying high and I'm just hoping this is just going to be one gigantic bull flag for Bitcoin in a way we're still floating in a great place we've spent more time at this price level than we ever have um you know in all the duration of the last bull market to combine so it really does feel like it's more of a fair valuation now talking about pepcoin we will definitely get on some price action stuff soon it is in a bit of a descending Channel as we can see we are printing a green Candle on the weekly and we' bounced right off that support of 0.007 but it's not enough not yet now old season index we're not with not going one we're in a Bitcoin season we're waiting for something to happen it's going to be October or November when this potentially happens and when we do see an old SE season index that's when that money can flow into micro caps small caps medium caps and medum coins too as they are very much their own sort of category these days and a very big narrative crypto bubbles again not a lot is moving just a few altcoins so really it's it's kind of a boring month again I think for cryptocurrency just to reiterate I know I talk about this a lot but look August and September are basically always red months you can't get around it nobody can change it I just honestly think it sounds crazy but all the market makers all the VCS all the investors all the millionaires billionaires millionaires it's not enough these days is it to move markets but look boom it's when they go on holiday it's when they sleep and you can see these two columns are pretty much historically the most red ones so let's see what happens next month when people get back to work off the Yachts out their mansions out their Villas and hopefully you know pushing some buttons to get the markets moving again so yes Pepe um down a fair amount from the top now we're down 55% from the top which isn't a terrible thing if it was to correct even more and come down to 75% territory back to The Four's region then I would feel pretty scared if we go to the Daily time frame we can see um August early this month it did hit oversold on the RSI and it was fruitful temporarily there was some fruit fness if you bought it at dip you made a 43% return but then it did come back down so yeah the RSI buying the oversold daily and weekly RSI can be a good thing to do um but you got to get out sometimes in in a downtrend you don't want to hold for too long either way we are still just traversing in this descending Channel and there's there's a bunch of support BuyBacks here here the next time I think it could be happening would be at the 63 region if it did happen but you can see how you're getting the pumps out of each one out of each hole you're getting a bit of a pump and that's about it really there's nothing else there's no major uh long-term continuation there's no real price continuity it's just ups and downs so we're now back we can sort of go back to March 2024 we're back at that price region now it's like you're buying here again except will it actually ever go back up again that's the big fearful question now I think Pepe's got a big pending alltime high and it could absolutely happen and if we look at our 1.6 and 2 Fibonacci we're looking at around a 0.0 00283 on the alltime high right there for Pepe itself so very exciting things ahead if that happens it's going to be great for everybody in the markets for Pepe coin would I be buying Pepe right now I think if it's my first allocation um I would probably honestly not really be too interested if I fom moded in at the top here and you know I bought most of my bags there I would probably buy a bit to lower my average lower my average entry price but if I was going to be like hey I'm going to put $50,000 into Pepe today I could see myself in the future probably regretting it a little bit I think I'd wait for the true bare market and then do it all over again once Pepe actually goes back into a major lull and back into a much much lower Market Capital we're talking about you know back into the maybe even the hundreds of millions maybe sub 1 billion and I think it could happen that we will see a sub1 billion Pepe again at some point in the future which would offer huge upside because if you buy it 1 billion and it goes to 3 billion that's a 3X already what if it goes to 10 billion well if you bought at 3 billion it goes to 10 billion you've done a 3.3x but if you bought at 1 billion you'd done a 10x so sometimes timing your entry is actually very very important if you guys are also new here you would know that I've got the crypto Legend and crypto Champion packages so you can enjoy on the patreon side of things the patreon link is down below this is where you can make money from your phone your laptop wherever you are in the the world check out our patreon with overhaul it and this will give you all the VIP benefits within the Discord so my Discord is Jacob's crypto Clan the link is also there make sure you join that too so you don't miss out on Alpha course trading signals education insights and more before we go just want to check out topg 1500 I know so many of you are keep on asking me what's going on with this coin well we can see look at this it's consolidating quite nicely really hovering across this sort of diagonal support little bit of selling pressure around the 0.0 2 region sitting at $1.42 million MC $146,000 on the liquidity with only $2800 holders so I'm very keen to see what's going to happen here because this is starting to look a little bit like an ascending triangle which is a bullish pattern and if we do get these calls that I you know the team has told me that they're trying to do their best to get out there they told me that maybe crypto banter will be talking about this coin very very soon so we could definitely see more price action here and as the developer gets closer to Romania the developer is this guy here um we're going to get we're going to see the odds so there's not many meme coins of a fully doc developer that's him on the screen his name is Jake from the UK he's basically walking to Romania to me Andrew and Tristan Tate so that's why I'm very bullish on this true story narrative there's not really a lot like it at the moment in the markets it's very fresh new kind of uh own category of meme coin so link down below for that one as well link down below for the patreon and guys if you are new here please subscribe like comment that would be very helpful share it with your friends that would help as well more people that see Pepe the more odds of it going up that's how it works community and culture is exactly what makes a mem coin anyway have a good day try not to look at the charts too much you know September is still going to be a boring one and uh I'll see you guys soon bye for now