➡️ CryptoNews Analytics: $PEPE Price Prediction
PEPE has mooned 53.7% in the last 24 hours to hit $0.053315 according to data by CoinGecko.
The token has added almost 200% to its price since last weekend. It rallied 50% in 24 hours just yesterday, too.
The meme coin’s stats are huge right across the board today. Its 24-hour trading volume currently stands at over $1.8 billion, which is around double yesterday’s volume.
It’s also about $500 million more than it’s current market cap of just under $1.4 billion.
A glance at the trading chart shows that PEPE is a little overbought right now. Its Relative Strength Index (RSI) is a few points over 70. The market considers assets “overbought” above this threshold.
Meme coin is currently trading at prices about 30% higher than its 30-day moving average.
Taken together, these metrics indicate that a cooling off period is due soon.
