Pepe (PEPE) Price Surges Over 8% as Major Metrics Turn Bullish

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The Pepe (PEPE) price has defied all the odds amid the recent crypto market slump. The highly popular meme coin has witnessed a significant price jump today. As of press time, the PEPE coin is trading at $0.0000126. Its price has surged 8.02% in the last 24 hours, per data from CoinMarketCap.

Supporting this price surge is the rising trading volume. Pepe’s 24-hour trading volume has jumped 23.52% to a whopping $1.1 billion. It is a clear indication of the resurgence of investor interest in the meme coin. Moreover, it is likely that PEPE will sustain this price surge thanks to increasing trading activity.

The recent price rise is just the tip of the iceberg. Pepe’s major metrics have turned bullish today. According to TradingView data, the meme coin’s RSI is currently at 53.

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