{"id":569085,"date":"2024-01-11T18:00:52","date_gmt":"2024-01-11T18:00:52","guid":{"rendered":"https:\/\/wncen.com\/?p=569085"},"modified":"2024-06-11T14:44:20","modified_gmt":"2024-06-11T14:44:20","slug":"pepe-breaks-descending-analyst-puts-targets","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/pepe-breaks-descending-analyst-puts-targets\/","title":{"rendered":"PEPE Breaks Out Of Descending Channel: Analyst Puts These Targets"},"content":{"rendered":"

An analyst has explained that PEPE could be breaking out of a descending channel pattern currently and may be heading towards these targets.<\/p>\n

PEPE Has Been Breaking Out Of A Descending Parallel Channel Recently<\/h2>\n

In a new post<\/a> on X, analyst Ali pointed out how the 4-hour PEPE price is breaking out of a descending parallel channel currently. In technical analysis, a “parallel channel” refers to the area enclosed by two parallel trendlines where the price of the given asset has been traveling inside recently.<\/p>\n

Related Reading: Sell The News: Bitcoin Short-Term Holders Participate In $2 Billion Selloff<\/a><\/div>\n

Generally, the price is likely to encounter resistance at the upper line of the channel, while the lower level could act as a source of support. Because of this reason, tops and bottoms are naturally probable to occur at the respective trendlines.<\/p>\n

In the context of the current discussion, a parallel channel called a descending channel<\/a> is of interest. As its name suggests, this channel represents a downtrend in the asset.<\/p>\n

The upper line of the descending parallel channel is drawn by connecting together lower highs in the commodity’s price. Similarly, the bottom level joins together with lower lows.<\/p>\n

Usually, breaks out of the channel can be significant as they may imply a continuation of the trend. This means that if the break is out of the upper line, it can be a bullish signal, while a drop under the lower level could be a sign that the bearish trend is strengthening.<\/p>\n

Now, here is the chart shared by the analyst that highlights a descending parallel channel pattern that has been forming in the 4-hour price of PEPE recently:<\/p>\n

\"PEPE<\/p>\n

Looks like PEPE has been showing a break above this pattern recently | Source: @ali_charts on X<\/a><\/pre>\n
As displayed in the above graph, PEPE had been trending inside this descending parallel channel pattern until the last 24 hours, when the meme coin enjoyed a sharp 16% jump and broke out of the upper level of the channel.<\/p>\n
This quick rise in the cryptocurrency’s price has come as the Bitcoin spot ETFs have gained approval<\/a> from the US SEC. While BTC itself has only seen a 4% from this bullish news, altcoins<\/a> around the sector have gone ahead and started showing sizeable surges.<\/p>\n
As PEPE now appears to be breaking out of the descending parallel channel, the meme coin could be set to continue its bullish momentum, as it has often happened historically with such breakouts.<\/p>\n
That would only be, of course, if the breakout truly gets confirmed, as the coin has only just begun to rise above it. In the chart, Ali has marked the levels that PEPE could end up reaching if this bullish pattern comes to fruition.<\/p>\n
Related Reading: First ETF Trading Day Could Blast Bitcoin Price Past $50,000: Here\u2019s Why<\/a><\/div>\n
$0.0000016 and $0.0000019 are the two price levels that the analyst has highlighted for the asset, as they are at distances equal to half-length and full-length of the channel, respectively.<\/p>\n
Should the coin touch the former of these, it would have rallied almost 11% from the current price level, while a rise to the latter one would suggest an increase of over 31%.<\/p>\n
PEPE Price<\/h2>\n
Following the sharp surge from the past day, the asset’s price is now trading around the $0.000001446 mark.<\/p>\n
\"PEPE<\/p>\n
The price of the asset seems to have shot up over the past day | Source: PEPEUSD on TradingView<\/a><\/pre>\n
Featured image from Shutterstock.com, charts from TradingView.com<\/div>\n","protected":false},"excerpt":{"rendered":"
An analyst has explained that PEPE could be breaking out of a descending channel pattern currently and may be heading towards these targets. PEPE Has Been Breaking Out Of A Descending Parallel Channel Recently In a new post on X, analyst Ali pointed out how the 4-hour PEPE price is breaking out of a descending parallel channel currently. In technical analysis, a “parallel channel” refers to the area enclosed by two parallel trendlines where the price of the given asset has been traveling inside recently. Related Reading: Sell The News: Bitcoin Short-Term Holders Participate In $2 Billion Selloff Generally, the price is likely to encounter resistance at the upper line of the channel, while the lower level could act as a source of support. Because of this reason, tops and bottoms are naturally probable to occur at the respective trendlines. In the context of the current discussion, a parallel channel called a descending channel is of interest. As its name suggests, this channel represents a downtrend in the asset. The upper line of the descending parallel channel is drawn by connecting together lower highs in the commodity’s price. Similarly, the bottom level joins together with lower lows. Usually, breaks out of the channel can be significant as they may imply a continuation of the trend. This means that if the break is out of the upper line, it can be a bullish signal, while a drop under the lower level could be a sign that the bearish trend is strengthening. Now, here is the chart shared by the analyst that highlights a descending parallel channel pattern that has been forming in the 4-hour price of PEPE recently: Looks like PEPE has been showing a break above this pattern recently | Source: @ali_charts on X As displayed in the above graph, PEPE had been trending inside this descending parallel channel pattern until the last 24 hours, when the meme coin enjoyed a sharp 16% jump and broke out of the upper level of the channel. This quick rise in the cryptocurrency’s price has come as the Bitcoin spot ETFs have gained approval from the US SEC. While BTC itself has only seen a 4% from this bullish news, altcoins around the sector have gone ahead and started showing sizeable surges. As PEPE now appears to be breaking out of the descending parallel channel, the meme coin could be set to continue its bullish momentum, as it has often happened historically with such breakouts. That would only be, of course, if the breakout truly gets confirmed, as the coin has only just begun to rise above it. In the chart, Ali has marked the levels that PEPE could end up reaching if this bullish pattern comes to fruition. Related Reading: First ETF Trading Day Could Blast Bitcoin Price Past $50,000: Here\u2019s Why $0.0000016 and $0.0000019 are the two price levels that the analyst has highlighted for the asset, as they are at distances equal to half-length and full-length of the channel, respectively. Should the coin touch the former of these, it would have rallied almost 11% from the current price level, while a rise to the latter one would suggest an increase of over 31%. PEPE Price Following the sharp surge from the past day, the asset’s price is now trading around the $0.000001446 mark. The price of the asset seems to have shot up over the past day | Source: PEPEUSD on TradingView Featured image from Shutterstock.com, charts from TradingView.com<\/p>\n","protected":false},"author":542,"featured_media":569108,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[85699,88145,91150,91151,91149,89513,88630,88190],"class_list":["post-569085","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-memecoin","tag-pepe","tag-pepe-bullish","tag-pepe-descending-parallel-channel","tag-pepe-memecoin","tag-pepe-price-prediction","tag-pepe-rally","tag-pepeusd"],"acf":[],"yoast_head":"\nPEPE Breaks Out Of Descending Channel: Analyst Puts These Targets<\/title>\n<meta name=\"description\" content=\"An analyst has explained that PEPE could be breaking out of a descending channel pattern currently and may be heading towards these targets.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/pepe-breaks-descending-analyst-puts-targets\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PEPE Breaks Out Of Descending Channel: Analyst Puts These Targets\" \/>\n<meta property=\"og:description\" content=\"An analyst has explained that PEPE could be breaking out of a descending channel pattern currently and may be heading towards these targets.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/pepe-breaks-descending-analyst-puts-targets\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2024-01-11T18:00:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T14:44:20+00:00\" \/>\n<meta name=\"author\" content=\"Keshav Verma\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/01\/shutterstock_2301408373-1.jpg?fit=5616%2C3744\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/keshavvarma29\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Keshav Verma\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/pepe-breaks-descending-analyst-puts-targets\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/pepe-breaks-descending-analyst-puts-targets\/\"},\"author\":{\"name\":\"Keshav Verma\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/bdb6d57b7ea5cc00981204795656d1a6\"},\"headline\":\"PEPE Breaks Out Of Descending Channel: Analyst Puts These Targets\",\"datePublished\":\"2024-01-11T18:00:52+00:00\",\"dateModified\":\"2024-06-11T14:44:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/pepe-breaks-descending-analyst-puts-targets\/\"},\"wordCount\":549,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/pepe-breaks-descending-analyst-puts-targets\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/01\/shutterstock_2301408373-1.jpg?fit=5616%2C3744\",\"keywords\":[\"memecoin\",\"PEPE\",\"PEPE Bullish\",\"PEPE Descending Parallel Channel\",\"PEPE Memecoin\",\"PEPE price prediction\",\"PEPE Rally\",\"pepeusd\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/pepe-breaks-descending-analyst-puts-targets\/\",\"url\":\"https:\/\/wncen.com\/news\/pepe-breaks-descending-analyst-puts-targets\/\",\"name\":\"PEPE Breaks Out Of Descending Channel: Analyst Puts These Targets\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/pepe-breaks-descending-analyst-puts-targets\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/pepe-breaks-descending-analyst-puts-targets\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/01\/shutterstock_2301408373-1.jpg?fit=5616%2C3744\",\"datePublished\":\"2024-01-11T18:00:52+00:00\",\"dateModified\":\"2024-06-11T14:44:20+00:00\",\"description\":\"An analyst has explained that PEPE could be breaking out of a descending channel pattern currently and may be heading towards these targets.\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/pepe-breaks-descending-analyst-puts-targets\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/pepe-breaks-descending-analyst-puts-targets\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/pepe-breaks-descending-analyst-puts-targets\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/01\/shutterstock_2301408373-1.jpg?fit=5616%2C3744\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/01\/shutterstock_2301408373-1.jpg?fit=5616%2C3744\",\"width\":5616,\"height\":3744,\"caption\":\"PEPE price news\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/pepe-breaks-descending-analyst-puts-targets\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"PEPE Breaks Out Of Descending Channel: Analyst Puts These Targets\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/bdb6d57b7ea5cc00981204795656d1a6\",\"name\":\"Keshav Verma\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/3d9c67b0b4a94fb480d44f29de96266e?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/3d9c67b0b4a94fb480d44f29de96266e?s=96&d=mm&r=g\",\"caption\":\"Keshav Verma\"},\"description\":\"Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor\u2019s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career in Physics, but the onset of COVID led to a shift in plans. The virus meant that the college classes had to be delivered in the online-mode and with it came free time for him to explore other passions. Initially only seeking to make some beer money, Keshav unexpectedly landed clients offering real projects, after which there was no looking back. Writing was something he had always enjoyed and to be able to do it for a living was like a dream come true. Keshav completed his Physics degree in 2022 and has been focusing on his writing career since, but that doesn\u2019t mean his passion for Physics has ended. He eventually plans to re-enter university to obtain a masters degree in the same field, but perhaps only to satiate his own interest rather than for using it as a means to find employment.. Keshav has found blockchain and its concepts fascinating ever since he started going down the rabbit-hole back in 2020. On-chain analysis in particular has been something he likes to research more about, which is why his NewsBTC pieces tend to involve it in some form. Being of the science background, Keshav likes if concepts are clear and consistent, so he generally explains the indicators he talks about in a bit of detail so that the readers can perhaps come out having understood and learnt something new. As for hobbies, Keshav is super into football, anime, and videogames. He enjoys football not only as a watcher, but also as a player. For games, Keshav generally tends towards enjoying singleplayer adventures, with EA FC (formerly FIFA) being the only online game he is active in. Though, perhaps due to being ultra-focused on the game, he is today a semi-pro on the EA FC scene, regularly participating in tournaments and sometimes even taking back prize money. Because of his enthusiasm for anime and games, he also self-learned Japanese along the way to consume some of the untranslated gems out there. The skill didn\u2019t merely remain as just a hobby, either, as he put it to productive use during his exploration for small-time gigs at the start of COVID, fulfilling a couple of Japanese-to-English translation jobs. Keshav is also big into fitness, with agility and acceleration-related workouts making a big part of his program due to the relevance they have in football. On top of that, he also has a more traditional strength based program for the gym, which he does to maintain an overall fitness level of his body.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/keshavverma29\/\",\"https:\/\/x.com\/https:\/\/twitter.com\/keshavvarma29\"],\"url\":\"https:\/\/wncen.com\/author\/hououinkyouma29\/\"}]}<\/script>\n","yoast_head_json":{"title":"PEPE Breaks Out Of Descending Channel: Analyst Puts These Targets","description":"An analyst has explained that PEPE could be breaking out of a descending channel pattern currently and may be heading towards these targets.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/pepe-breaks-descending-analyst-puts-targets\/","og_locale":"en_US","og_type":"article","og_title":"PEPE Breaks Out Of Descending Channel: Analyst Puts These Targets","og_description":"An analyst has explained that PEPE could be breaking out of a descending channel pattern currently and may be heading towards these targets.","og_url":"https:\/\/wncen.com\/news\/pepe-breaks-descending-analyst-puts-targets\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-01-11T18:00:52+00:00","article_modified_time":"2024-06-11T14:44:20+00:00","author":"Keshav Verma","twitter_card":"summary_large_image","twitter_image":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/01\/shutterstock_2301408373-1.jpg?fit=5616%2C3744","twitter_creator":"@https:\/\/twitter.com\/keshavvarma29","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Keshav Verma","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/pepe-breaks-descending-analyst-puts-targets\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/pepe-breaks-descending-analyst-puts-targets\/"},"author":{"name":"Keshav Verma","@id":"https:\/\/wncen.com\/#\/schema\/person\/bdb6d57b7ea5cc00981204795656d1a6"},"headline":"PEPE Breaks Out Of Descending Channel: Analyst Puts These Targets","datePublished":"2024-01-11T18:00:52+00:00","dateModified":"2024-06-11T14:44:20+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/pepe-breaks-descending-analyst-puts-targets\/"},"wordCount":549,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/pepe-breaks-descending-analyst-puts-targets\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/01\/shutterstock_2301408373-1.jpg?fit=5616%2C3744","keywords":["memecoin","PEPE","PEPE Bullish","PEPE Descending Parallel Channel","PEPE Memecoin","PEPE price prediction","PEPE Rally","pepeusd"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/pepe-breaks-descending-analyst-puts-targets\/","url":"https:\/\/wncen.com\/news\/pepe-breaks-descending-analyst-puts-targets\/","name":"PEPE Breaks Out Of Descending Channel: Analyst Puts These Targets","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/pepe-breaks-descending-analyst-puts-targets\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/pepe-breaks-descending-analyst-puts-targets\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/01\/shutterstock_2301408373-1.jpg?fit=5616%2C3744","datePublished":"2024-01-11T18:00:52+00:00","dateModified":"2024-06-11T14:44:20+00:00","description":"An analyst has explained that PEPE could be breaking out of a descending channel pattern currently and may be heading towards these targets.","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/pepe-breaks-descending-analyst-puts-targets\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/pepe-breaks-descending-analyst-puts-targets\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/pepe-breaks-descending-analyst-puts-targets\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/01\/shutterstock_2301408373-1.jpg?fit=5616%2C3744","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/01\/shutterstock_2301408373-1.jpg?fit=5616%2C3744","width":5616,"height":3744,"caption":"PEPE price news"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/pepe-breaks-descending-analyst-puts-targets\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"PEPE Breaks Out Of Descending Channel: Analyst Puts These Targets"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/bdb6d57b7ea5cc00981204795656d1a6","name":"Keshav Verma","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/3d9c67b0b4a94fb480d44f29de96266e?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3d9c67b0b4a94fb480d44f29de96266e?s=96&d=mm&r=g","caption":"Keshav Verma"},"description":"Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor\u2019s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career in Physics, but the onset of COVID led to a shift in plans. The virus meant that the college classes had to be delivered in the online-mode and with it came free time for him to explore other passions. Initially only seeking to make some beer money, Keshav unexpectedly landed clients offering real projects, after which there was no looking back. Writing was something he had always enjoyed and to be able to do it for a living was like a dream come true. Keshav completed his Physics degree in 2022 and has been focusing on his writing career since, but that doesn\u2019t mean his passion for Physics has ended. He eventually plans to re-enter university to obtain a masters degree in the same field, but perhaps only to satiate his own interest rather than for using it as a means to find employment.. Keshav has found blockchain and its concepts fascinating ever since he started going down the rabbit-hole back in 2020. On-chain analysis in particular has been something he likes to research more about, which is why his NewsBTC pieces tend to involve it in some form. Being of the science background, Keshav likes if concepts are clear and consistent, so he generally explains the indicators he talks about in a bit of detail so that the readers can perhaps come out having understood and learnt something new. As for hobbies, Keshav is super into football, anime, and videogames. He enjoys football not only as a watcher, but also as a player. For games, Keshav generally tends towards enjoying singleplayer adventures, with EA FC (formerly FIFA) being the only online game he is active in. Though, perhaps due to being ultra-focused on the game, he is today a semi-pro on the EA FC scene, regularly participating in tournaments and sometimes even taking back prize money. Because of his enthusiasm for anime and games, he also self-learned Japanese along the way to consume some of the untranslated gems out there. The skill didn\u2019t merely remain as just a hobby, either, as he put it to productive use during his exploration for small-time gigs at the start of COVID, fulfilling a couple of Japanese-to-English translation jobs. Keshav is also big into fitness, with agility and acceleration-related workouts making a big part of his program due to the relevance they have in football. On top of that, he also has a more traditional strength based program for the gym, which he does to maintain an overall fitness level of his body.","sameAs":["https:\/\/www.linkedin.com\/in\/keshavverma29\/","https:\/\/x.com\/https:\/\/twitter.com\/keshavvarma29"],"url":"https:\/\/wncen.com\/author\/hououinkyouma29\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"PEPE Breaks Out Of Descending Channel: Analyst Puts These Targets","url":"http:\/\/wncen.com\/news\/pepe-breaks-descending-analyst-puts-targets\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/pepe-breaks-descending-analyst-puts-targets\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/01\/shutterstock_2301408373-1.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/01\/shutterstock_2301408373-1.jpg?fit=5616%2C3744"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Keshav Verma"}],"creator":["Keshav Verma"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["memecoin","pepe","pepe bullish","pepe descending parallel channel","pepe memecoin","pepe price prediction","pepe rally","pepeusd"],"dateCreated":"2024-01-11T18:00:52Z","datePublished":"2024-01-11T18:00:52Z","dateModified":"2024-06-11T14:44:20Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"PEPE Breaks Out Of Descending Channel: Analyst Puts These Targets\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/pepe-breaks-descending-analyst-puts-targets\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/pepe-breaks-descending-analyst-puts-targets\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/01\\\/shutterstock_2301408373-1.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/01\\\/shutterstock_2301408373-1.jpg?fit=5616%2C3744\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Keshav Verma\"}],\"creator\":[\"Keshav Verma\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"memecoin\",\"pepe\",\"pepe bullish\",\"pepe descending parallel channel\",\"pepe memecoin\",\"pepe price prediction\",\"pepe rally\",\"pepeusd\"],\"dateCreated\":\"2024-01-11T18:00:52Z\",\"datePublished\":\"2024-01-11T18:00:52Z\",\"dateModified\":\"2024-06-11T14:44:20Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/01\/shutterstock_2301408373-1.jpg?fit=5616%2C3744","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/569085"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/542"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=569085"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/569085\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/569108"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=569085"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=569085"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=569085"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}