💵 According to AMBCrypto: $PEPE Hits Another ATH

AMBCrypto’s analysis of Pepe [PEPE] on the daily time frame price trend revealed its most robust performance in history.

The chart illustrated a remarkable pattern, where each new all-time high (ATH) was swiftly followed by the formation of another ATH in almost the subsequent trading session.

Using the price range tool, it was evident that PEPE had surged by over 33% between the 21st of May and press time.

At the time of writing, it was trading with an increase of over 1% at approximately $0.000015, marking yet another ATH.

Additionally, the Relative Strength Index (RSI) indicated a strong bull trend, with a reading of over 75, signaling both bullish momentum and overbought conditions. There was also a recent surge in demand for it.

Between the 15th of May to press time, the number of Pepe holders has surged by over 12,000.

AMBCrypto’s look at the total number of holders revealed that on the 15th of May, there were approximately 218,000 holders.

However, at the time of writing, this figure had risen to over 230,000, indicating a significant increase in demand for the memecoin as more traders entered the market.

Moreover, its trading volume indicated heightened activity in recent days. The volume has consistently surpassed $2 billion, with a peak of over $4 billion observed on the 22nd of May.

As of press time, the volume stood at over $1.5 billion. With such a high trading volume, Pepe may soon reach another all-time high (ATH).