PEPE Coin Trend Analysis on April 5th, 2024:
Current Price: $0.000006679
Change: Decreased by 5.35% in 1 day
Trading Volume: $526,022,732
Change: Increased by 5.55% in 24h
Trend:
PEPE price is in a short-term downtrend.
However, increased trading volume indicates an increase in demand for PEPE.
Technical Analysis:
MACD indicator: The MACD line is still below the signal line, indicating a bearish trend.
RSI indicator: The RSI indicator is at 30, indicating the market is oversold.
Bollinger Bands indicator: The Bollinger Bands are narrowing, indicating low price volatility.
Prediction:
PEPE price may continue to decrease in the short term, but there could be a potential for recovery due to increased trading volume.
The key support level is $0.000006000 and the key resistance level is $0.000007500.
Disclaimer:
The above analysis is for reference only.
You should do your own research and make your own investment decisions.
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