BOSS Wallet data source, Pepe today's price trend, PEPE latest price has broken through to £0.000008898, an increase of 3.53%, trading volume £792 million
After analyzing the candlestick chart, it is currently in a volatile trend compared to 21:00 with a significant drop, breaking through the low of 16:00, and a decline from 14:00. Price is down but trading volume is up, which usually indicates increased selling pressure, with sellers actively offloading.
This may be due to the market's pessimistic outlook on future prices, or negative news triggering panic selling. In this case, future prices may continue to fall as selling pressure is high and market sentiment is negative. Investors should be cautious about whether prices will break through key support levels; if the support level is breached, it could lead to a larger decline.
Market enthusiasm is high, but prices are falling. The Williams indicator indicates that it is currently neither overbought nor oversold. Recently, trading volume has increased, with trading volume rising compared to the previous few hours, prices are down, and trading volume is up: selling pressure is increasing.
Market trends are not in line with expectations; it is recommended to continue observing and wait for the trend to clarify before making decisions.
The above content is for reference only and does not constitute investment advice.