Cryptocurrency market continues its downward movement since the beginning of the week, except for a small number of projects. The meme token market has also kept pace with this trend. Master analyst Michael van de Poppe analyzed Pepe, the popular project of the last period.

Today, the decline in meme token projects other than Dogecoin (DOGE) continues. PEPE, which broke a record at $ 0.00000431 on May 5 with Binance listing, fell to $ 0.00000154 in a short time.

Veteran analyst Michael van de Poppe announced the levels he followed in his PEPE analysis today. Accordingly, waiting for an upward movement at the $0.0000085 level, Poppe claimed that a new trend could start if the $0.00000162 level is held;

Yes, $PEPE is moving down. I think we will continue this trend and wait for $0.0000085 to make an entry. I'm on the short side for now unless 0.00000162 is taken back.

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