Analysis of$PEPE
PEPE/USDT Chart Analysis (4-hour timeframe)
Current Price & Trend:
* The current price of PEPE is 0.00000949 USDT, showing a 2.82% increase.
* The price is currently in an uptrend after a recent dip.
Moving Averages (EMA):
* EMA(7): 0.00000936
* EMA(25): 0.00000941
* EMA(99): 0.00001012
* The 7-period EMA (short-term) is above the 25-period EMA (medium-term), which is a bullish signal, indicating recent upward momentum.
* However, both the 7-period and 25-period EMAs are still below the 99-period EMA (long-term). This suggests that while there's short-term bullishness, the long-term trend might still be bearish or consolidating below a significant resistance level (represented by the EMA(99)). The price is currently approaching the EMA(99), which could act as resistance.
Price Action:
* The chart shows a recent bounce from a low of approximately 0.00000867.
* Prior to this bounce, there was a significant price drop from a high of around 0.00001030.
* The recent green candles indicate buying pressure.
Volume:
* The current 4-hour candle shows a volume of 170,335,398,857.
* The Moving Average (MA) for volume is MA(5): 769,982,295,455 and MA(10): 1,359,420,130,034.
* The current volume is significantly lower than both the 5-period and 10-period moving average volumes, suggesting that the current price increase is not backed by exceptionally high trading volume, which could indicate weaker conviction in the uptrend.
MACD (Moving Average Convergence Divergence):
* DIF: -0.00000007
* DEA: -0.00000010
* MACD (Histogram): 0.00000003
* The MACD line (DIF) has crossed above the Signal line (DEA), and the MACD histogram is positive. This is a bullish crossover, suggesting a shift in momentum to the upside.
Support and Resistance:
* Immediate Support: The recent low around 0.00000867 appears to be a support level. The 7-period and 25-period EMAs are also acting as dynamic support.
* Immediate Resistance: The EMA(99) at 0.00001012 and the previous high around 0.00001030 are significant resistance levels.