Alert ! Pepe Bulliesh !

Pepe Reaches ATH, Major Moves Ahead

The Ethereum-based Pepe token has been one of the best performers in this market cycle. Last week, on November 14, $PEPE reached its all-time high of $0.00002524 after major exchange listings. This marks a significant rise over the past 30 days.

Now the token is trading around $0.00002012 increased 2.18% in last 24H.

What was driving this momentum was Pepe’s listing on both Coinbase and Robinhood on November 14. This has opened up Pepe to a whole new section of traders, naturally driving demand. For that reason, whales are also buying up the token. For instance, one whale bought 309.6 billion Pepe tokens, at a price of $6.45 million.

Even as Pepe reached its ATH, technicals are showing resilience. After briefly reaching overbought territory, with a relative strength index (RSI) at 70, technicals have improved. Despite Pepe’s record market cap, most indicators show buy signals. Moving averages, in particular, indicate a strong buy.