$PEPE currency traders rely on many technical indicators and analyzes to know future price expectations. While tracking all indicators is necessary to evaluate an accurate price prediction that matches the market trend, this does not prevent the existence of basic and more valuable indicators. Knowing the Pepe support and resistance levels gives traders a clear view of the supply and demand situation and even helps them identify reversals in trends.
In addition, chart patterns are widely used by traders to form trend lines that help in predicting the next candlestick movement.
Various indicators such as RSI, moving averages, and MACD can be used to determine the direction of the long-term trend and try to predict future price movement.
4 hour candle
One day candle
One week candle
Price action is on the moderate side, the price fell below the $0.00001062 horizontal after previously moving higher. These deviations are considered moderate signs. Despite this decline, the price of PEPE is still positive 1,131.38% since the beginning of the year.
What affects the price of Pepe coin?
There are a number of variables in the cryptocurrency market that can influence the price of Pepe coin up or down. The main force behind the value of Pepe's assets in the market is supply and demand. Whether the demand for more PEPE increases or decreases depends largely on increasing adoption.
Furthermore, important events such as protocol updates or hard forks may play a big role in the price of Pepe.
Another important factor to consider is whale activity. Holders of large amounts of Pepe can greatly influence the price of the coin as a large sell order can cause the price to drop significantly. Additionally, never underestimate the power of large corporations and political organizations to rely on Pepe's value.
Pepe's current price
The price of $PEPE against the US dollar is updated in real time. Pepe is now trading at $0.00001145 (PEPE/USD) with a live market cap of 4.8B. Trading volume in 24 hours reached 831.7M US dollars, and the currency moved 9.64966% positive. The circulating supply is 420.7T, Pepe and the currency movement is positive.
