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Pepe price forms golden cross

$PEPE has strong technicals, which could draw smart money and whales. The daily chart shows that it is about to form a golden cross pattern as the 200-day and 50-day Exponential Moving Averages near their crossover. This crossover often leads to more gains in the long term.

$PEPE has also formed a rounded bottom pattern, which often leads to a continuation. Therefore, these technicals point to more gains in the coming weeks. A move above this week’s high of $0.00001625 will confirm more gains, potentially to a record high of $0.00002840.