Cryptocurrency

Pepe

Coin

<ul>
 <li>#<a href="https://www.coingabbar.com/en/crypto-currency/pepe-pepe-prices-usd" title="Pepe coin" class="f-link" rel="noopener noreferrer nofollow">Pepe coin</a> saw a notable downturn beginning in mid-March, plunging sharply from its high point of $0.0000108.</li>
 <li>This downward movement broke through multiple support levels and dropped below the 50-day exponential moving average (EMA), resulting in a 65% decrease to $0.000003820.</li>
 <li>Despite the decline, a bullish recovery occurred within the channel, leading to a 31% increase over 5 days, suggesting a potential breakout in the near future.</li>
 <li>The observed trend aligns with broader market sentiment, evident from the falling channel pattern.</li>
 <li>The current Pepe price shows signs of preparing to breach the channel trendline.</li>
 <li>A bullish breakout above the overhead resistance trendline could signal a reversal in trend polarity, potentially driving the price above $0.0000108 by the end of the month.</li>
 <li>As per <a href="https://www.coingabbar.com/en/price-prediction" title="Coingabbar Price prediction" class="f-link" rel="noopener noreferrer nofollow">Coingabbar Price prediction</a>, Conversely, failure to breach the overhead trendline may lead to a retest of the lower trendline near $0.000003820.</li>
</ul>
KEY LEVELS :
RESISTANCE LEVEL : $0.000008000-$0.000010000
SUPPORT LEVEL : $0.000004500-$0.000002500
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.

Pepe Price Prediction: Has the Meme Coin Correction Ended?

Coingabbar

Другие статьи, опубликованные 22 апр. 2024 г.

Bitcoin Price Rebounds and Projections for the Coming Months

Predicting $80K+ Bitcoin Value: Traders Optimistic Following Funding Rate Adjustment

Gogu Coin: The Cryptocurrency That’s More Meme Than Money

SEC: Case against Tron Founder falls under U.S. jurisdiction

BTC trades at ‘deep discount’ after halving — 5 things to know in Bitcoin this week

Justin Sun’s Ethereum Acquisition Fuels Market Speculation

Join our free newsletter for daily crypto updates!