Technical Analysis Signals a Rise for #PEPE
Following SOL, Bluntz turned his attention to PEPE, highlighting an optimistic outlook similar to other leading memecoins. According to the analyst, PEPE’s chart, which made a noticeable jump from a significant Fibonacci level of $0.000004454, indicates a bullish trend.
Highlighting the strong performance of PEPE from the lowest levels of its (a) wave and its adherence to the 0.618 Fibonacci level, Bluntz pointed out the altcoin’s potential to surpass the $0.000013 threshold.
With the latest data, PEPE has risen 17.56% in the last 24 hours, trading at $0.00000802. According to the data, the altcoin has increased by 57.52% over the last 7 days and by 8.71% over the last 30 days.
