In the last 24 hours, PEPE has shown a positive price change, with increases ranging from approximately 3% to 6% across different sources.
Trading volume over the last 24 hours is significant, in the range of $680 million to $800 million.
Some technical analysis suggests a short-term bullish outlook, with potential for upward movement if certain resistance levels are broken.
A bullish Gartley harmonic pattern is reportedly forming, suggesting a potential rally.
PEPE is currently consolidating between $0.00000800and $0.00000850
There's mention of a bullish falling wedge pattern that could lead to upward momentum.
Whale accumulation is noted as a potentially positive sign.
However, some analysts point to indecisive daily candle formations and selling pressure at resistance levels.
A recent death cross on short-term moving averages and a negative funding rate suggest some lingering bearish pressure.
Support is noted around the 200-day EMA at approximately $0.00000700.
Next Target:
Predicting the exact next target is inherently uncertain in the volatile cryptocurrency market. However, based on the provided analysis:
A short-term target of around $0.00000900 is mentioned by one analyst, suggesting a potential 20% gain. 🔥🔥🔥
Another potential short-term target is around $0.00000958, based on a bullish Gartley pattern.
Breaking above the $0.00000800 resistance level with strong volume could lead to targets at $0.00000890 and then $0.00000958.
Some analysis suggests a potential upside target of $0.00001000.🚀🚀
More ambitious long-term targets, even reaching $0.00016000, are speculated in some analyses, but these are over a longer timeframe.
Conversely, failure to hold support levels (e.g., around $0.00000714 and $0.00000680) could lead to testing lower levels.#PEPE✈