Why It Is Still a Good Time to Buy $PEPE 🐸
Here's an analysis of the bullish signs visible in the daily (1D) chart of the PEPE/USDT trading pair:
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- The price is above the 7, 25, and 99-day moving averages, indicating a long-term uptrend.
- Significant volume spikes suggest strong trading activity.
- The MACD line is above the signal line, a bullish signal, with a positive histogram reinforcing this sentiment.
- The RSI is at 64, below the overbought threshold of 70, indicating room for further upward movement before reaching overbought conditions.
- General market sentiment is positive.
Given these factors, it appears to be a good time to buy $PEPE.
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