Current PEPE Price: $0.000006846 (according to Coinmarketcap)
Technical Analysis:
Price Chart: PEPE has been in a sideways trend for the past few weeks, with support at $0.000006500 and resistance at $0.000007200.
RSI Indicator: RSI is at 50, indicating that the market is in equilibrium between bulls and bears.
MACD: MACD is slightly decreasing, indicating that selling pressure may be increasing.
Prediction:
Bullish Case: If PEPE can break above the resistance level of $0.000007200, the price could rise to $0.000008000 or higher.
Bearish Case: If PEPE falls below the support level of $0.000006500, the price could drop to $0.000006000 or lower.
Overall: The probability of a PEPE breakout on March 8th is relatively low. The price is likely to continue its sideways trend until some important news or event affects the market.
Please note:
This prediction is for reference only and does not constitute investment advice.
The cryptocurrency market is highly volatile, so you should do your own research and make your own investment decisions.
