๐ธ๐ธ๐ธPepe's price has surged unexpectedly despite a market decline, hinting at a potential recovery. Despite a weekly loss, its yearly return outshines major cryptocurrencies like Bitcoin and Ethereum. Transaction volumes have dipped slightly, possibly indicating reduced selling pressure and a chance for recovery. The recent bullish trendline and rising RSI suggest a turnaround may be imminent. Short-term momentum is stronger than the overall downtrend, and crossing the 200-day moving average could confirm a reversal. While Pepe lacks intrinsic value, it often mirrors broader market trends, with today's US CPI estimate potentially influencing future sentiment.#BTCFOMCWatch #CPIAlert #TopCoinsJune2024 #ETHETFsApproved
