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In light of global economic changes, the cryptocurrency market remains susceptible to multiple influences, some political and some economic. Among the most prominent figures with direct and indirect influence on the US economy is President Donald Trump, known for his businessman mentality and investment approach in managing the country's affairs.

$PEPE Price Uncertain
After falling almost 20% since Saturday, Pepe's price falls again on Tuesday.
The technical forecast predicts additional drop as momentum indications weaken.
PEPE's long-to-short ratio is below one and daily active addresses are declining, indicating negative on-chain statistics.
After falling 22% since Saturday, Pepe (PEPE) trades below $0.000015 on Tuesday. As momentum indicators weaken, technical indications anticipate additional decline. PEPE's long-to-short ratio is below one and daily active addresses are declining, which is negative.
Pepe's double-digit adjustment is visible.
On Saturday, Pepe price rejected a declining trendline (made by connecting various highs since early December) and fell 22.86% till Monday, closing below its 200-day Exponential Moving Average at $0.000017. Tuesday, PEPE falls below its 61.8% Fibonacci retracement level at $0.000015 (measured from an early November low of $0.0000077 to an early December high of
$0.000028).
If PEPE keeps falling and closes below $0.000015 daily, it might drop 14% and retest its daily support level at $0.000013.
The daily chart's Relative Strength Index (RSI) is 38, below its neutral level of 50 and showing significant bearish momentum. The MACD indicator also indicates a bearish crossing on Sunday, indicating a sell signal and decline.
Coinglass' Pepe long-to-short ratio, 0.80, is the lowest in almost a month, another negative indication. This ratio below one indicates pessimistic market sentiment as more traders bet on the Pepe price falling.
Santiment's Daily Active Addresses index, which analyzes network activity, is pessimistic for the frog-themed meme currency. Blockchain use increases as the measure rises, whereas dropping addresses indicate lesser demand.
PEPE's Daily Active Addresses dropped from 28,131 mid-November to 2,606 last week. The decrease in blockchain demand for Pepe bodes ill for his price.
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