๐ How did Pepe do today? Daily analysis
Today, Pepe Coin (PEPE) experienced a significant drop of 18% in its value, standing at \$0.00001153 USD. ๐
This decline is due to a combination of technical and fundamental factors that have impacted the crypto market.
๐ง Technical Analysis
Key Support:\$0.00000980 ๐ก๏ธ โ This area has acted as a floor in recent weeks, maintaining investor confidence.
Strong Resistance:\$0.00001350 ๐ง โ Overcoming this barrier with volume could pave the way for new local highs.
The trading volume has been high, showing that the community is very active, although volatility remains high. ๐
๐ Fundamental Factors
Geopolitical tensions: The war between Iran, Israel, and the United States has generated uncertainty in global markets, also affecting cryptocurrencies. โ ๏ธ
Sales by large holders (whales): Massive selling movements have been recorded by significant holders, which has pressured Pepe's price downward. ๐
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