The current price of #PEPE has fallen back by 8%, which is normal and should not be surprising. The Fibonacci retracement indicator indicates a retest of $0.00001416, which is the 23.6% Fibonacci level! After breaking through the limits of the ascending parallel channel, Pepe has shown a bullish trend so far. After a series of higher highs in the single-day time frame of the PEPE/USD trading pair, the altcoin may need to correct before the next leg of the rise. First, the price of Pepe has tested the upper band of the Bollinger Bands indicator and is facing resistance. This usually indicates that the asset is overbought, and the relative strength index (RSI) above the threshold of 70 further confirms this assumption. The nodes of the volume curve have also narrowed, indicating that the bullish sentiment in the PEPE market has eased. After breaking the $0.00001416 level,

Pepe prices may fall to the 38.2% Fibonacci retracement level of $0.00001224.

In extreme cases, production cuts may cause Pepe prices to fall to the 50% Fibonacci placeholder of $0.00001069. A break and close below this level will invalidate the current bullish outlook.

Finally, if you can't bear a 99% drop in the cryptocurrency circle, how can you talk about a hundredfold return!

It's still the same sentence, this period of time is a good time node, you can consider layout

Observe wif, bome, floki, ena...

Don't worry, there is more....

If you take the initiative to tease me, I will take you ashore, you just lie down

David will not let David's fans miss out in this bull market! ! !

#bome  #ETH  #wif  #BTC走势分析