Pepe Coin has recently broken out of an inverse head and shoulders pattern, signaling potential upward momentum.
A bullish reversal has been noted around the $0.0000050 mark, forming a rounding bottom with a neckline situated at $0.000010.
The emergence of a support trendline on the daily chart indicates an ongoing recovery.
During March, PEPE reached its peak at $0.000010850 but encountered rejection.
The current surge has propelled it up by 12%, hitting a fresh all-time peak at $0.000011533.
Confirmation of a sustained rally necessitates a daily candle closure above the breached levels.
According to Coingabbar Price prediction, there's a possibility of reaching $0.000013 to $0.000050 in the long run, provided there's a daily close above $0.00001.Traders should exercise caution as corrections might occur following new all-time highs, signaling potential further increases.
KEY LEVELS :
RESISTANCE LEVEL : $0.000013000-$0.000018000
SUPPORT LEVEL : $0.000009000-$0.000007300
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.
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