# Technical Analysis of Pepe Coin
*Current Price*
Pepe Coin is currently trading at a price of $0.00001229, with a live market cap reaching $5.15 billion. The 24-hour trading volume has reached $422.61 million, with a positive movement of 9.38824% ¹.
*Technical Indicators*
- *Relative Strength Index (RSI):* Indicates an upward trend with an actual reading of 50.79 in the weekly candle time frame.
- *Moving Averages:* Indicate a neutral trend in the weekly candle time frame, as the conditions for upward or downward movement are not met based on the 50-x and 200-x MA relationship with the price.
- *MACD:* Indicates an upward trend in the weekly candle time frame, as the MACD signal line moves above the zero line ¹.
*Price Predictions*
According to technical analyses, the price of Pepe Coin may reach resistance levels of $0.00002858 and $0.00025809 if the upward pattern continues. However, if the trend reverses, the price may decrease to support levels of $0.00000797 and $0.00000311 ².
# Conclusion
If the upward pattern continues, Pepe Coin may achieve new record levels. However, it's always important to do your own research before investing in any cryptocurrency, as the price trajectories of cryptocurrencies can change significantly based on market events ¹.