PEPEUSDT Analysis:
#PEPE_EXPERT Will It Go Lower?
Short Answer: It’s likely that PEPEUSDT might go lower next week. 📉
Here’s Why:
Current Trends: The price is dropping on the weekly chart, which means it’s been going down for a while.
Indicators:
* RSI (Relative Strength Index): This is a number that tells us if a coin is overbought or oversold.
PEPE’s RSI is low, which means it’s oversold.
Normally, this might suggest a bounce back, but the overall trend is still down.
* Stoch RSI: This also shows low numbers, indicating that PEPE is oversold, but it’s not enough to confirm a price increase yet.
What to Watch For:
-Support Levels: If the price stays above certain levels, it might not drop much further. But if it breaks these levels, it could go lower.
-Market News: Bad news can push the price lower, while good news might help it bounce back.
Conclusion:
***Short Term (This Week): PEPE might go up a little because it’s oversold.
***Next Week: If the downtrend continues, PEPE could go lower.
Always remember to do your own research and don’t invest more than you can afford to lose! 📚
