Pepe (PEPE) Price Trend: Amidst the heightened price volatility in the cryptocurrency market, Pepe price has surged by +11.83% in the past day with a trading volume of $2.288 billion and a gain of +71.86%. However, it has plunged by more than 33% in the past seven days and 11.82% in the past 30 days.
The price chart of the technical indicator MACD shows a continuous decline, indicating that the selling pressure in the market is greater than the buying pressure. Moreover, the averages show a negative trend, indicating a bearish outlook for the PEPE memecoin this week.
If the bulls regain momentum, the PEPE price will start trading under a bullish influence and be ready to test its overhead resistance at $0.00001150. On the negative side, a bearish reversal could pull the Pepe coin towards its low of $0.00000625.
