#pepe #btc70k #ETHETFsApproved #EarnFreeCrypto2024 #MicroStrategy $PEPE

HIGHLIGHTS

The Pepe price may enter a fresh correction trend in the rising support trendline in daily chart breaks.

A notable upswing in daily EMAs (20, 50, 100, and 200) indicates the broader trend reminding bullish.

The 24-hour trading volume in the Pepe coin is $2.6 Billion, indicating a 2% loss.

Pepe Coin Price Analysis: The fourth week of May has been notably bullish for Pepe coin, which saw its price surge from $0.00009 to $0.000016, marking a 79% increase. This rally was primarily driven by the recent approval of spot Ethereum and Bitcoin nearing the $70,000 mark. However, this week, PEPE’s recovery momentum has slowed, accompanied by decreasing trading volumes, indicating the potential onset of a new correction trend.