🔥🐸A Breakout Has Come for Pepe (PEPE): It Could Explode Soon!🚀🚀
Popular memecoin $PEPE is trending up thanks to its technical structure.
With Bitcoin rising, memecoins are taking notice of the moves of Pepe (#PEPE). PEPE, which has recovered shortly after falling from a key support level, appears to have entered an uptrend. The popular altcoin$
A nearly 30 percent gain can be traced for PEPE. PEPE, which broke the downtrend by breaking above $0.00000684, briefly reached $0.00000721. Altcoins, which find strength in the continuation of the memecoin craze, the closing of BTC, and the calm of BTC dominance, can target $0.00000932 - $0.00001107 and $0.00001242 respectively, if placed above $0.00000821. The red area is collected in the process. The volume break of the red box will increase the bullish signals in the parity.
The weakening of the memcoin craze will create selling pressure in a single parity, such as BTC continuing daily below $56,500 or BTC dominance increasing. In such a scenario, the exact decline levels are 0.00000684 - 0.00000639 and 0.00000585 respectively. 0.00000585, tested on August 5, will act as the key level. Any progress below this level will drag the parity lower.
PEPE, with a market cap of $3.03 billion at the time of writing, has seen a trading volume of $927 million in the past 24 hours.It ranks 26th in market cap.#memecoins#PEPEUSDT