$PEPE PEPE is currently trading around 0.00001207 USD, down 6% in the last 24 hours but up 22% over the past 7 days. The number of PEPE holders has exceeded 463,000, indicating a strong increase in users and excitement from retail investors.
Some notable factors at the moment:
- *Breakout technical pattern*: PEPE is forming a cup and handle pattern on the daily chart, suggesting the potential for a continuation of the upward trend. If the price breaks out of the resistance level of 0.0000158 USD, it could advance to 0.00003 USD.
- *Market sentiment*: The derivatives market is showing increasingly strong bullish sentiment with trading volume surging over 60% and open interest increasing by 8.2%.
- *User activity and whales*: The number of new wallets and active addresses for PEPE has surged, along with interest from whales as large transactions increased by 6.63%, indicating price appreciation potential.