Pepe (PEPE) Faces Potential 10% Retracement Before New ATH
#PEPE💚 #pepecoin🐸 #PEPE/USDT #PEPE❤️ #PEPERunToTheMoon
So far in 2024, Pepe (PEPE) has been the star of the meme coin space, rallying by more than 10x, setting several all-time highs in the process. Following its 112% price increase over the last 30 days, Pepe coin has set a new ATH of $0.00001750. However, the meme coin could face a potential price decline.
Crypto Patel shared on CoinMarketCap that Pepe has broken below a descending triangle pattern. This fall could lead to the meme coin losing 10% of its value over the next few weeks. However, the technical indicators are still strong, and the Pepe Coin price could continue its increase after the retracement.
