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The Word is ECONOMY

According to some analysts, a fully implemented trade war could cost the global economy up to $1.4 trillion in lost output.

After falling more than 75% from its peak value of $0.000028, the price of Pepe remains in a prolonged bear market. However, there are several factors that could lead to a recovery of the meme coin and even a potential test of its historical maximum.

One such factor is the market value to realized value (MVRV) ratio, which has dropped into opportunity territory on the Pepe chart. This indicator, which assesses whether a coin is overvalued or undervalued, has fallen to -0.726, the lowest level since October 2023. This may indicate that PEPE has become a good buy, which in turn suggests a possible recovery.

Additionally, there are technical bullish signals on the Pepe side that could contribute to strong growth. For example, the price of the meme coin has formed a 'falling wedge' pattern, which is a popular bullish indicator consisting of two converging downward trend lines.
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