$PEPE
PEPE has broken through several key technical levels. The coin successfully broke and closed above its 100-day Exponential Moving Average (EMA) at $0.000009 last Thursday before rallying over 64% until Saturday.
The price action has formed what analysts describe as a rounding bottom pattern with a neckline at the 61.80% Fibonacci level ($0.00001426). A daily close above this level could confirm a breakout pattern.
Technical indicators favor continued upward movement. The daily chart’s Relative Strength Index (RSI) has moved above 70, signaling strong bullish momentum, though this also places the asset in overbought territory.
PEPE has also surpassed the 200-day EMA, which is influencing an uptick in the 50 and 100 daily EMAs, hinting at a positive crossover. The rising MACD and signal lines with a surge of green histograms reflect increased trend momentum.