Popular memecoin $PEPE is blinking at the rise with its technical structure.

With Bitcoin's rise, the memecoins that have taken the offensive are drawing attention to Pepe's (#PEPE ) movements. PEPE, which immediately recovered after falling from a critical support price tag, seems to have entered an uptrend. The popular altcoin, which has been pricing in a downtrend since August 24, made its investors happy by breaking on September 8. So what are the levels to pay attention to?

A nearly 30 percent increase can be followed for PEPE. PEPE, which broke the downtrend by breaking above $ 0.00000684, came in a short time with 0.00000721. The altcoin, which finds strength in the continuation of the memecoin frenzy, the closure of BTC and the calming of BTC dominance, can target 0.00000932 - 0.00001107 and 0.00001242 dollars, respectively, if it is placed above $ 0.00000821. The red area is collected in this process. The volume break of the red box will increase the bullish signals in the parity.

The weakening of the memcoin frenzy will create selling pressure in a unique parity, such as BTC continuing daily below $ 56,500 or increasing BTC dominance. In such a scenario, the correct declines of 0.00000684 - 0.00000639 and 0.00000585, respectively, are falling. 0.00000585, which was tested on August 5, will serve as the main one. Every process below this level will pull the parity down even further.

PEPE, which has a market value of $3.03 billion at the time of writing, achieved a trading volume of $927 million in the last 24 hours. It ranks 26th in terms of market value.

#memecoins #PEPEUSDT