#HotTrens 🔥💥Pepe Coin Price gearing up for a major surge before Bitcoin's big event
#pepe Coin Price: Bitcoin's halving effect heavily impacting PEPE and other top coins. 🐸 Pepe Coin stuck in sideways movement past four days, candles short, showing no clear direction. But close to critical support amidst Bitcoin halving, hinting at potential rebound.
$Pepe Coin Price
For over a month, Pepe coin price consistently dropping, forming new lows on daily chart. Trends + fluctuations creating channel pattern, typical setup before breakout.
From $0.00001084 in mid-March, $PEPE down 55% to $0.00000492. Despite drop, still top 50 crypto with $2.07B market cap.
If selling persists, PEPE might drop 25% to $0.0000035. But with Bitcoin halving near, and Coinbase Advanced's 1000PEPE-PERP Sundays launching, dynamics could change.
Buyers gain control if channel model breaks upward, rally may reach $0.00001084.
Technical Indicator
EMA: PEPE trades below 20- and 50-day EMA, indicating bearish trend. EMA descent may accelerate selling.
MACD: Negative cross between MACD (blue) and Signal (orange) suggests continued PEPE downtrend.
#Memecoins #bitcoinhalving #binance
