Will $PEPE Rally Again? Here’s What the Technicals Say
PEPE saw a 35% decline last quarter, but a 13% weekly gain hints at a potential comeback. 💥 Let’s dive into the technicals:
🐸 RSI: Stabilized at 50, signaling neutral sentiment
🐸 Fear and Greed Index: Also at 50 - an encouraging shift from the extreme fear seen just a week ago.
🐸Trading volume up 28.5%, suggesting intensified interest .
🐸MACD: Still negative but slowly improving, showing a possible bullish signal
🐸Awesome Oscillator (AO): Diminishing negative values, reinforcing an upward trend
While technicals hint at potential gains, memecoins are highly speculative, so be careful.
That said, if broader market conditions align – particularly if the
Federal Reserve cuts interest rates in a way that many in the crypto community hope – PEPE, along with the rest of the cryptocurrency market, could experience another surge. 📈
#Pepe #FED #PepeCoinToTheMoon #Memecoin