$PEPE suffered a big dive, falling 9.5% in 24 hours! The market trend suddenly changed, and retail investors have to open their eyes!
Recently, PEPE wanted to rush at the position of 0.00002365 US dollars, but unfortunately it failed and was stopped. This means that if the buyer does not come back to help, PEPE coin may continue to fall, and may even fall below 0.00002100 US dollars. However, the market trading is still quite active, with a 24-hour trading volume of 2.3 billion US dollars, but now the sellers have the upper hand.
From the 4-hour chart, the price of PEPE coin is like going downhill, and the highs are lowered one after another. This is a signal that the sellers are strong. If the "safety line" of 0.00002141 US dollars cannot be maintained, then PEPE coin may fall even more miserably, and you have to be careful of the bottom line of 0.00002100 US dollars. However, if PEPE can rebound back above $0.00002292, buyers will have a chance to fight back and try to hit $0.00002365 or even higher. Traders should keep an eye on these key points. The market is so volatile that they need to be extra careful.
Speaking of the future, everyone has different views on the price of PEPE by the end of 2024. Changelly's artificial intelligence algorithm thinks the average price can reach $0.0000669, CoinPedia predicts the average price to be $0.0000546198, CoinCodex thinks the highest price can reach $0.00007616, and AMBCrypto thinks the average price is $0.000024.
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