PEPE Coin Trend Analysis on April 5th, 2024:

Current Price: $0.000006679

Change: Decreased by 5.35% in 1 day

Trading Volume: $526,022,732

Change: Increased by 5.55% in 24h

Trend:

PEPE price is in a short-term downtrend.

However, increased trading volume indicates an increase in demand for PEPE.

Technical Analysis:

MACD indicator: The MACD line is still below the signal line, indicating a bearish trend.

RSI indicator: The RSI indicator is at 30, indicating the market is oversold.

Bollinger Bands indicator: The Bollinger Bands are narrowing, indicating low price volatility.

Prediction:

PEPE price may continue to decrease in the short term, but there could be a potential for recovery due to increased trading volume.

The key support level is $0.000006000 and the key resistance level is $0.000007500.

Disclaimer:

The above analysis is for reference only.

You should do your own research and make your own investment decisions.

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