$PEPE

🐸#PEPE Becoming a bearish 🔻

📉Price Movement and Trend

Current Price: $0.00001249

24h Change : +0.81%

24h High : $0.00001337

24h Low : $0.00001210

The price has shown a slight increase over the last 24 hours, indicating positive momentum in the short term. However, to assess the overall momentum, we need to look at longer time frames and additional indicators.

2. Moving Averages (MA)

MA(7) : $0.00001257

MA(25) : $0.00001266

MA(99) : $0.00001254

The short-term MA(7) is below the longer-term MA(25), which could indicate a bearish trend in the medium term. However, the MA(99) is close to the current price, suggesting that the long-term trend might be stabilizing or slightly bullish.

Relative Strength Index (RSI)

1 Year RSI : 54.65%

An RSI value of 54.65% over a year suggests that the asset is neither overbought nor oversold, indicating a neutral momentum in the long term.

4. MACD (Moving Average Convergence Divergence)

180 Days MACD : -28.19%

A negative MACD value over 180 days indicates bearish momentum in the medium to long term.

5. Volume

24h Vol(PEPE) : 29.44T

24h Vol(USDT) : 371.68M

The high volume in PEPE suggests active trading, which can be a sign of strong momentum. However, the direction (buying or selling) isn't clear from volume alone.

6. Order Book

Buy : 53.57%

Sell : 46.43%

The order book shows a slight bias towards buying, which could indicate positive momentum in the very short term.

Conclusion

Based on the analysis:

Short-term momentum is slightly positive with a recent price increase and a bias towards buying in the order book.

Medium to long-term momentum appears neutral to slightly bearish, indicated by the position of moving averages and a negative MACD over 180 days.

The RSI suggests a neutral position in the long term.