PEPE Poised for a Massive Rally as Altcoin Season Approaches
Pepe (PEPE) is trading in a range of $0.0000080 to $0.0000105, closely aligning with its 10-day simple moving average of $0.0000094. The stochastic indicator at 12.98 suggests oversold conditions, pointing to a possible upward reversal. A break above the closest resistance at $0.0000119 could pave the way for PEPE to reach the second resistance level at $0.0000144, representing a potential gain of over 50% from current prices. Despite recent declines of 7% in the last week and 17% in the last month, the nearly 24% increase in the last 6 months highlights its resilience. As altcoin season approaches, PEPE could be positioned for significant growth.
