$PEPE

The recent rise in the price of the PEPE coin confirms the growth of its upward momentum following its modest performance at the beginning of the week. The Relative Strength Index (RSI, in purple) rose above 60 after dropping to 40 yesterday morning, indicating increased buying interest. A chart showing the performance of the PEPE coin – Source: TradingView. Similarly, the 30-day moving average (in orange) began to rise above its 200-day counterpart (shown in blue), suggesting that the price of PEPE is maintaining its good performance. Additionally, the trading volume of PEPE doubled yesterday, along with positive signals coming from the imminent touch of the resistance levels (in red) and support levels (in green), which favors a price breakout in the upward direction later in the week after a potential modest correction. Overall, PEPE accumulation has resumed over the past few weeks following a relative calm during August, suggesting that whales expect its price to rise soon.