Is a price surge looming on the horizon?
The UniChartz account recently indicated on platform X that the PEPE coin maintains a clear respect for an upward trend line, reflecting strong buying momentum and ongoing positive support.
According to technical analysis, the price of PEPE is committed to moving consistently above this upward line, which is considered a solid base that could drive the price towards a strong upward wave in the coming days.
Analysts believe that continued respect for this trend could lead to new price breakouts, targeting important resistance areas starting at $0.0000018, while they emphasize the importance of not breaking the critical support below the trend line to avoid potential corrections.
This data comes at a time when interest in meme coins is increasing, enhancing the chances of sudden price jumps driven by market movements and positive sentiments among investors.
Eyes are now on the upcoming movements of PEPE, waiting for the technical confirmation of its potential breakout.
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