Technical analysis of PEPE digital currency

Time: Thursday, April 4, 2024, 7:22 PM +2GMT

Price: 0.00000700 USDT

Change in 24 hours: +0.43%

Volume in 24 hours: 29.85T PEPE / 206.09M USDT

Highest price in 24 hours: 0.00000719 USDT

Lowest price in 24 hours: 0.00000659 USDT

Technical analysis indicators:

Moving Average (MA):

MA(5): 308,047,264,870

MA(7): 0.00000703

MA(10): 251,433,721,633

MA(25): 0.00000704

MA(99): 0.00000691

Relative Strength Index (RSI): 71.58 (indicates overbought area)

MACD: 1.141 (indicating an uptrend)

KDJ indicator:

K: 870.83% (indicates overbought area)

D: 454.76% (indicates overbought area)

J: 4.38% (indicates overbought area)

Analysis:

Trend: Bullish in the short term

Support points: 0.00000694, 0.00000688

Resistance points: 0.00000719, 0.00000721

comments:

Technical analysis indicators indicate a short-term uptrend.

The RSI and KDJ indicators have reached the overbought zone, which may indicate a possible correction.

The main support points are located at 0.00000694 and 0.00000688.

The main resistance points are located at 0.00000719 and 0.00000721.

Recommendations:

For short-term investors:

Short-term investors can consider buying PEPE coin when the 0.00000719 resistance level is broken.

Investors should place a stop loss order at the support level 0.00000694.

For long-term investors:

Long-term investors are advised to wait until the market calms down before making any investment decisions.

Investors should carefully monitor technical analysis indicators and market trends before making any investment decisions.

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