The price of $PEPE reached an all-time high on March 14, rising to $0.0000106. Since then, it has struggled to maintain its value above $0.0000080, indicating its struggle in the market. Currently, three of the four PEPE exponential moving averages (EMAs) are crossing, coinciding with the current price trend. This crossover, especially with the short-term EMAs above the long-term ones, sends a bullish signal to investors. This situation suggests that the PEPE price may stabilize and enter a consolidation phase as market participants evaluate next steps.
The growing supply of#PEPEon exchanges and the increasing average coin issuance age for PEPE indicate that holders are interested in preserving their assets and waiting for profits. This prepares PEPE for possible price increases. If the price of $PEPE breaks above $0.0000085, it could reach $0.000011 for the first time. However, if the price falls below the $0.0000070 support level, it could fall to $0.0000049.
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