Pepe (PEPE) Price Analysis: Could the price return to the $0.0000015 level?
On January 11, the price of the Pepe meme coin (PEPE) rose to $0.00000149, but by January 12, it quickly fell back to $0.0000011. Obviously, sellers entered the market again and did not allow memcoin to retest $0.0000015.
According to CoinGecko, the price of PEPE has increased by 6.4% over the past seven days. It is important to note that previously the $0.0000015 mark was resistance for the cryptocurrency.
Thus, if PEPE wants to rise, many bullish orders must appear to break this zone. If liquidity entering the market coincides with the buying side, an additional 5% increase is possible in the coming days.
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