Here is a comprehensive analysis of PEPE coin based on the latest technical and price data:
📈 General Trend
PEPE coin shows a strong upward trend in the short term, having increased by 50% over the past thirty days, with a current trading price of $0.00001402.
🔹 Support and Resistance Levels
Major Support: $0.00001300 – tested multiple times this week and has proven strong as a rebound area.
Next Resistance: $0.00001650 – if breached, it may open the way to reach higher levels.
📊 Candlestick Analysis
Recent candlestick patterns indicate strong upward momentum, with daily candles closing above previous resistance levels, reinforcing the likelihood of the upward trend continuing.
📉 Technical Indicators
RSI (14): 47.2 – indicates a neutral state, allowing room for further upward movement.
MACD: Neutral – there are no clear buy or sell signals.
Stochastic RSI: 17.3 – in the oversold territory, which may indicate a potential rebound.
Moving Averages:
MA50:
$0.00001459 – the current price is above this average, supporting the upward trend.
MA200:
$0.00001346 – the current price is above this average as well, reinforcing positive momentum.
🌊 Volume Analysis
The coin has seen significant financial inflows recently, with $1.5 billion pumped in, indicating increased interest from investors.