PEPE coin performance on a daily basis
PEPE price forecasts explain that there is a possibility, as we said, of forming a new top. But first, we have to monitor the daily level in order to understand a little of what is happening in the short term. Note that in volatile conditions, such as now, it is not wise to look at levels below the daily level since it is not clear that the price movement in the short term will be in any direction.
But below we can see that the daily chart suggests that the price correction is about to end. As you can see, there are many support points at the $0.000010 area, which means that a lot of buy orders are formed at this point and may prevent the price from falling below. Or perhaps the price drops a little and then rises again based on the logic of smart money.
This means that it is very possible to go back up and the price will face some resistance at the $0.00001400 point that must be overcome first before forming a new top.