**Will PEPE Go Lower?**
Short Answer: PEPEUSDT might drop further next week. đ
Hereâs Why:
- **Current Trends:** The price has been falling on the weekly chart for a while.
- **Indicators:**
* **RSI (Relative Strength Index):** PEPEâs RSI is low, showing itâs oversold. While this usually hints at a possible bounce back, the overall trend is still down.
* **Stoch RSI:** This also shows low numbers, meaning PEPE is oversold, but it doesnât yet confirm a price increase.
What to Watch For:
- **Support Levels:** If the price stays above certain levels, it might not fall much further. If it drops below these levels, it could go lower.
- **Market News:** Negative news could drive the price down, while positive news might help it recover.
Conclusion:
- **Short Term (This Week):** PEPE might see a small rise due to being oversold.
- **Next Week:** If the downward trend continues, PEPE could drop further.
Always do your own research and only invest what you can afford to lose! đ
