$PEPE A report published on INVESTING.COM: The price of Pepe coin (Pepe-PEPE) fell today by 8% to reach $0.00000858, after a whale sold 10 billion PEPE coins and this led to a wave of selling this coin in the market. The price of the meme currency built on the Ethereum blockchain is currently considered low by 16% in a week and 30% in a month, despite its rise by a significant rate of 511% in a year. Although the losses the currency has witnessed over the past few weeks may be frustrating for holders, it puts the currency in a good position for recovery. It is noteworthy that the same whale - mentioned previously - still owns 1.99 trillion Pepe coins, which means that there are expectations that it will witness more gains in the near future. A whale sells 10 billion PEPE coins. Here are its price expectations after it fell by 8%. PEPE coin suffered a strong blow today, but the positive side was that it entered the oversold zone, which usually indicates an upcoming recovery. This is particularly evident through the Relative Strength Index (RSI) (shown in purple), whose reading dropped below 25 today as currency owners rushed to sell it. In addition, the 30-day moving average (orange) - which is trending below its 200-day counterpart (blue) - has dropped significantly, meaning it desperately needs to move higher. The article will be continued in a second post entitled Sequel
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