Pepe (PEPE)

Despite recording a drop of ~16% over the past 30 days, the Pepe coin price has a YTD of +388.41%. Moreover, the memecoin is trading at a discount of 59.28% from its ATH. This highlights a potential reversal for the meme coin in the coming time.

The Moving Average Convergence Divergence (MACD) has recorded a constant decline in the red histogram. This indicates increased buying pressure for the memecoin in the market. Further, the averages may record a bullish convergence, indicating a positive outlook in the coming time.

Suppose, the bulls continue to gain momentum, this could result in the PEPE price breaking its resistance trend line and heading toward its upper level of $0.00001150. Conversely, a bearish action could pull the price of PEPE toward its low of $0.00000625. $PEPE