Analyst's prediction: Pepe's price will fall to lower levels

An anonymous analyst who predicted the rise of the digital currency market in 2023 believes that Pepe Coin (PEPE) will fall to lower levels. The analyst tells his followers on social platform X that Pepe appears to have hit a new high with a false breakout before sellers pushed the price below the $0.000009959 level. In technical analysis, a false breakout is often seen as a bearish sign that sellers have overcome demand.

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