EPE's 30-day moving average (yellow) has slowed its steep decline of the past few days, and looks ready to begin climbing towards its 200-day average (blue), at which point a breakout could begin.At the same time, the coin's relative strength index (purple) has moved from a low of 20 yesterday to just over 50 today, another sign that PEPE may continue rising for the next few days.
PEPE's support level (green) suggests that the recent selloff may have bottomed out, and that the only way now is up. There's no fundamental reason why PEPE would see a rally now. But if a positive narrative can develop around the meme token, perhaps regarding the possibility of a listing on Coinbase or another major exchange, then it could easily begin rising again.
