PEPE Bounces above the $0.0000010000 Low and Poises for an Upward Surge

PEPE Keeps Its Position as It Poises for an Upward Surge – June 8, 2023

The crypto asset is compelled to trade in a range as it poises for an upward surge. If the current support holds, PEPE/USD will be forced to commence a range-bound move. Since June 5, the downturn has subsided as the altcoin consolidates in preparation for another upward surge.

Pepe Price Statistics Data:
•Pepe price now – $0.000001094
•Pepe market cap – $427M
•Pepe circulating supply – 391,790,000,000,000 PEPE
•Pepe total supply – $457,714,549
•Pepe Coinmarketcap ranking – #

Resistance Levels: $0.0000015000, $0.0000016000, $0.0000017000
Support Levels: $0.0000011000, $0.0000010000, $0.0000009000

PEPE’s advance on June 5 broke the moving average lines, but it was unable to get beyond the 50-day SMA or the $0.0000013000 resistance level. The price of the cryptocurrency is depreciating toward the current support at $0.0000010000. The altcoin will continue to trade sideways if the retracement keeps its position above the current support. This means that the cryptocurrency asset will have to move in a sideways direction between the price levels of $0.0000010000 and $0.0000013000. On the other hand, if the existing support is broken, the slide would resume. PEPE will keep declining till it hits a low of $0.0000002017. Since then, the value of the cryptocurrency has fallen to a record low of $0.0000010433. The Relative Strength Index for the cryptocurrency asset for period 14 is at level 40. The coin has more room to drop.

The crypto asset has started to move in a range throughout the last 48 hours as it poises for an upward surge. The bears were able to break through the current support on May 5 and reach the low of $0.0000009497 but the bulls bought the dips. The corresponding bullish momentum increased until it reached a peak of $0.0000012590, at which point it ceased. At the most recent high, a market sector was overbought. As a result, the cryptocurrency asset’s price may vary between $0.0000010000 and $0.0000013000.

Alternatives to Pepe

PEPE/USD has been bouncing above the current support for the last four days. The price of the coin cannot rise over the $0.0000013000 high. In the same vein, buyers are preserving the current support despite the altcoin’s ongoing fluctuations. PEPE will be in the range for a few days. The value of Wall Street Memes (WSM) tokens is currently rising despite a bleak cryptocurrency environment. As the value of cryptocurrencies decreases, more buyers are probably attracted at a lower price level. Don’t commit the same mistake. To avoid falling victim to scammers, click the link to buy WSM. Imagine your amazing PEPEAI works being stored on the blockchain of Bitcoin. The time has come for MEMECOINS. Almost $6 million has already been raised during the presale.

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