PEPE surged remarkably in the past week posting gains of approximately 20%. The $0.0000011079 support level on the daily chart acted as a price pivot for the gains in the last few days, indicating an attempt to enter the buy zone. PEPE’s previous attempts to break above the $0.0000015440 resistance zone between July 19-24 were unsuccessful. However, the bulls are in control, driving PEPE to attempt another break above the $0.0000015440 resistance. Related Reading: US Prosecutors Accuse FTX’s Sam Bankman-Fried Of Using $100M To Curry Political Favors The rally in the past 7-days indicates a momentum shift for PEPE to a more positive outlook as the bulls attempt to seize control again. PEPE Bulls Forcing Another Rally, But Bears Still Active Price volatility is evident when comparing price data for PEPE on the daily, weekly, and monthly timeframes. It trades at $0.000001348 on August 15 with a 6.03% price drop in 24 hours, while it has dropped 17% on the monthly time frame. However, PEPE shows a more positive outlook on the weekly timeframe, although traders must tread cautiously as a price drop remain ..
Support the originator by clicking the read the rest link below.
