menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Technology News

>

Pepe Price...
source image

Bravenewcoin

2d

read

315

img
dot

Image Credit: Bravenewcoin

Pepe Price Prediction: Pepe Eyes New All-Time High as Bulls Take Charge and Sellers Capitulate

  • Pepe price has surged, currently trading around $0.00001425, sparking interest in a potential all-time high.
  • Technical indicators, investor demand, and trading activity are driving the recent rally of Pepe.
  • Bullish momentum is evident with RSI above 70, MACD showing a strong crossover, and ADX at 71.88.
  • Pepe broke above key resistance levels, including its 100-day EMA and $0.000013, indicating strength.
  • Next resistance levels at $0.000016 and $0.000021, with potential high at $0.00002649 or even $0.00003864.
  • Possible short-term pullbacks or consolidation indicated by the RSI's overbought reading.
  • Open Interest in PEPE futures at a record $595.36 million, signaling growing trader confidence.
  • Derivatives data showing a long-to-short ratio increase and closures of short positions supporting bullish sentiment.
  • Despite net inflows into exchanges, PEPE's value holds firm, indicating strong buyer demand.
  • PEPE's recent rally is attributed to a mix of social momentum, technical strength, and online buzz.

Read Full Article

like

18 Likes

For uninterrupted reading, download the app