Pepe (PEPE)

The PEPE memecoin has continued to display a weak price action by dropping 2.78% in the past day and 3.14% over the past week. Despite the recent market turmoil, it has maintained its price above the $0.000010 mark, suggesting a potential bullish recovery.

The RSI indicator continues hovering above the mid-point in the PEPE price chart. Moreover, its average trendline shows a high possibility of a bullish convergence, highlighting a potential positive reversal during the upcoming time.

Suppose, the bulls regain momentum, in that case, the Pepe memecoin will retest its resistance trendline of the triangle pattern. However, if the bears outrun the bulls, the PEPE coin price could plunge toward its low of $0.00000880. $PEPE