#HotTrens đ„đ„Pepe Coin Price gearing up for a major surge before Bitcoin's big event
#pepe Coin Price: Bitcoin's halving effect heavily impacting PEPE and other top coins. đž Pepe Coin stuck in sideways movement past four days, candles short, showing no clear direction. But close to critical support amidst Bitcoin halving, hinting at potential rebound.
$Pepe Coin Price
For over a month, Pepe coin price consistently dropping, forming new lows on daily chart. Trends + fluctuations creating channel pattern, typical setup before breakout.
From $0.00001084 in mid-March, $PEPE down 55% to $0.00000492. Despite drop, still top 50 crypto with $2.07B market cap.
If selling persists, PEPE might drop 25% to $0.0000035. But with Bitcoin halving near, and Coinbase Advanced's 1000PEPE-PERP Sundays launching, dynamics could change.
Buyers gain control if channel model breaks upward, rally may reach $0.00001084.
Technical Indicator
EMA: PEPE trades below 20- and 50-day EMA, indicating bearish trend. EMA descent may accelerate selling.
MACD: Negative cross between MACD (blue) and Signal (orange) suggests continued PEPE downtrend.
#Memecoins #bitcoinhalving #binance