Possible rise for PEPE coin?
The daily chart of $PEPE shows an interesting technical signal: the lowest EMA (EMA 7) has already crossed above the higher EMAs (EMA 25 and EMA 99), and now the middle EMA (EMA 25) is approaching crossing the highest EMA (EMA 99). This is usually interpreted as a possible bullish continuation if the volume supports it.
Currently, the price of $PEPE is at 0.00000850, with a recent high at 0.00000981. If the crossover is confirmed and buying strength enters, the next levels to watch could be:
Resistance: 0.00000893 (high in 24h)
Target zone: 0.00000981 and then 0.00001091
Major resistance: 0.00001271
Possible rise or not? Technically, there are signals in favor, but it will depend on the volume and the behavior of the general market. The price could pull back to the support area at 0.00000801 if there is no confirmation.
What do you expect from PEPE coin?
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