Pepe (PEPE): brief price analysis by CoinPedia
The PEPE price has been maintaining a steep ascending trend since the beginning and seems to be following a pattern.
The price broke from the descending consolidation within an ascending parallel channel and rose high to mark a new high.
The token has formed a similar pattern and surged above the descending trend line, which may trigger a fresh bull run towards a new ATH at $0.000025.
However, the sluggish RSI suggests the token could consolidate for another couple of days, which may further initiate a fresh ascending trend.
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