PEPE Price Drops 8% as Momentum Indicators Signal Further Weakness

PEPE’s price has dropped nearly 8% in the past 24 hours, days after reaching its all-time high on December 9. Momentum indicators, including the RSI at 33.3, show that PEPE is nearing oversold territory but has not yet hit the critical threshold of 30, leaving room for further correction. Additionally, the 7D MVRV Ratio at -9.3% points to significant short-term holder losses, with historical...

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