$PEPE
Pepe's Rally Shows No Signs of Slowing Down.
Pepe Coin has shown a prominent bullish trend, characterized by six consecutive weekly candlesticks closing in a bullish pattern.
The last week saw an impressive gain of 83% over the previous seven days, reflecting strong bullish momentum.
Since April 13, Pepe has consistently formed higher highs, indicating a continued upward trend.
This trend is reinforced by the coin's ability to break resistance levels while following an upward trendline.
Pepe experienced an incredible 300% surge from its low of $0.00000391 to reach a new all-time high.
The round bottom reversal pattern seen on the daily chart further confirms the bullish sentiment.
Currently, Pepe reached a new all-time high of $0.00001725 and challenged the 1.618 Fibonacci level, indicating the potential for another breakout rally.
On the 4-hour chart, Pepe is observed in an ascending channel pattern, with the price currently bouncing off the bottom of the channel, indicating continuation of the uptrend.
According to Coinabbar's predictions, a break above $0.00001678 could extend the current bull run, with a potential price target of $0.000020 or $0.000026 this week.
If the bulls fail to cross the 1.1618 Fibonacci barrier, a pullback will occur, and the price may drop to $0.00001300, followed by $0.00001000.
KEY LEVELS:
RESISTANCE LEVEL : $0.00002000-$0.00002600
SUPPORT LEVEL : $0.00001300-$0.00001000
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