The PEPE currency has witnessed significant fluctuations over the past two days, amid increasing selling pressures and technical indicators suggesting the continuation of the downward trend. On March 21, 2025, the currency opened at $0.000000001928 and reached a high of $0.000000001986, closing at $0.000000001986. The following day, March 22, it opened at $0.000000001986, peaked at $0.000000002036, and closed at $0.000000002025.

From a technical perspective, indicators such as the Relative Strength Index (RSI) at 47.45 and the Moving Average Convergence Divergence (MACD) show a state of indecision, indicating weak upward momentum. Additionally, open interest has decreased by 5.8% over 24 hours, reflecting a decline in trader confidence.

Despite these challenges, PEPE still maintains strong support at $0.000000006730, which may provide a base for a rebound if sentiment improves. However, failure to surpass resistance at $0.00000000874 may lead to further declines towards lower support levels.

Overall, these fluctuations reflect a cautious state in the market, as investors closely monitor technical indicators and market news to make their investment decisions.