• PEPE is currently ranging as market participants are waiting for something to happen.
• Key Support levels: $0.0000013, $0.0000011; Key Resistance levels: $0.0000020
• Short-term prediction for PEPE Price – unless excitement returns to the overall market, it is unlikely we will see much action at this time
Price Analysis of PEPE
PEPE continues to range as market participants are waiting for something to happen. The key support levels are at $0.0000013 and $0.0000011, while the key resistance level is at $0.0000020.
Trading Volume and Indicators
The volume almost disappeared from the chart which has led to low volatility. The daily RSI is somewhat flat but may turn bearish if bulls can’t sustain the price at the current support. The daily MACD is bearish however, considering the lack of conviction from sellers, the price has not reacted to this.
Market Bias
The bias for PEPE is neutral.
Short-Term Prediction
The spotlight on PEPE appears to have turned off with interest in this meme coin having disappeared and unless excitement returns to the overall market, it is unlikely we will see much action at this time.
PEPE Price Analysis: What Needs to Happen to Target Resistance?