🔴 $PEPE WILL SOON MAKE BIG MOVEMENT🔴
After reaching a market cap of around $7 billion in May, PEPE experienced a 50% correction. Recently, it pumped 10%, pushing its market cap back above $4 billion, and is currently trading around $0.0000096.
Technical Analysis:
Long-term Trend: Uptrend, trading above the 200-day moving average.Support Levels: $0.0000078 and $0.000006.Resistance Levels: $0.0000091 and $0.0000113.Momentum: Bullish, with MACD Histogram rising and RSI-14 indicating neither overbought nor oversold conditions.
With $ETH ETH ETFs expected to start trading soon, this could positively impact the Ethereum ecosystem, including PEPE, which is the second-largest meme coin on the network. PEPE’s market cap is significantly lower than Shiba Inu ($10.7 billion) and Dogecoin $DOGE ($17 billion), suggesting potential for stronger growth.
Keep an eye on the support and resistance levels for potential entry or exit points.
#pepe⚡ #PEPE_EXPERT #Xrp🔥🔥 #Ethereum_ETFs_Expected_Date #CPI_BTC_Watch