Pepe ($PEPE) has experienced significant price shifts in the last six months, with a 28.44% increase overall. However, its momentum has slowed lately. In the past month, Pepe dropped 13.96%, and over the last week, it fell by 3.70%, indicating a current downward trend despite earlier growth.
Currently, Pepe’s price fluctuates between $0.0000080876 and $0.0000105546, with it sitting close to both its 10-day simple moving average of $0.0000095621 and its 100-day average of $0.0000092348. The Relative Strength Index (RSI) stands at 55.47, reflecting a neutral market sentiment, while a stochastic value of 51.00 suggests it is neither overbought nor oversold.
Looking forward, if Pepe surpasses the nearest resistance level of $0.0000119543, it could potentially climb to the next resistance at $0.0000144213, representing an approximate 37% increase. On the other hand, if the price dips below the closest support at $0.0000070203, it could drop further to the second support at $0.0000045533, marking a possible decline of around 44%.
Technical analysis indicates that $PEPE has been moving within an ascending triangle on the daily chart. A successful breakout from this pattern could drive the price toward $0.0000145, indicating a potential bullish surge.#CryptoAMA #USJobOpeningsDip #PEPE_EXPERT $PEPE
