Predictions for the Price of PEPE: Concentrate on the Key Resistance at $0.0000227

PEPE has lately reached the 341.4% Fibonacci extension level, which is located close to $0.0000188. A strong bullish momentum has been demonstrated by PEPE.

This increase is supported by a sequence of bullish engulfing candles as well as a pattern known as a "Three White Soldiers," which indicates the possibility of further improvements.

Predictions for the Price of PEPE: Keep an Eye on the Key Resistance at $0.0000194
On the other hand, the Relative Strength Index (RSI) is currently at 84, which indicates that PEPE has entered overbought territory, which indicates that a downturn may be imminent.

A significant role will be played by the immediate resistance level located at $0.0000194; a price break that occurs above this level has the potential to accelerate the price toward the subsequent resistance objectives located at $0.0000215 and $0.0000227. On the other hand, a negative correction can occur if the support level around $0.0000194 is not maintained.

It is possible that PEPE's uptrend will continue if it maintains its position above $0.000019450; but, it is important to exercise care due to the high RSI, which may produce a correction in the event that momentum is lost.

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