🐸🚀 Is $PEPE ready for a new launch? Technical analysis and predictions for the coming hours!
The $PEPE coin has seen a 74% increase over the past month, reflecting strong momentum in the market.
🔍 Technical Analysis:
Relative Strength Index (RSI): Indicates an overbought area, which may signal a potential correction.
MACD Indicator: Shows a bullish crossover, indicating positive momentum.
Moving Averages: Indicate strong buy signals, supporting the upward trend.
📈 Predictions:
If the current momentum continues, we may see an attempt to break the resistance at $0.00001550. However, support levels at $0.00001300 should be monitored to avoid any negative reversal.
🎯 Do you think $PEPE will continue to rise or will it experience a correction? Share your opinion in the comments!