Analysis of PEPE Coin – April 2025

On April 19, 2025, PEPE Coin is trading at approximately $0.00000726, with a market value of $3.06 billion.​

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🔍 Quick Technical Overview:

Weekly Candlestick Pattern: Formation of a "Bullish Engulfing" pattern, indicating strong buying momentum.

RSI Indicator (4 hours): At 56, indicating upward momentum without reaching the overbought territory.

MACD Indicator: Bullish crossover, reinforcing the likelihood of an ongoing upward trend.​

📈 Support and Resistance Levels:

Strong Support: Between $0.0000063 and $0.0000065, where prices have seen a noticeable rebound from this area.

Current Resistance: At $0.0000071, which represents an important barrier that needs to be broken for the upward movement to continue.