$PEPE

Pepe Price Forecast: After an unknown whale collects $1.5 million worth of PEPE coins, are we waiting for new news?

The price of Pepe (Pepe-PEPE) decreased by 5% within 24 hours to reach $0.000007554 in light of the decline in the crypto market by 4% today. Despite this, the price of Pepe remains high by 55% over the past week, but it has declined by 10% over the course of the month. It also rose by 3,000% in the past year.

Today's correction came to give investors an opportunity to buy and take advantage of the price drop, as one of the whales yesterday bought $1.5 million worth of Pepe coins, and this indicates that the market expects further rise after the price reached the bottom in the past 24 hours.

Pepe indicators indicate a gradual return of momentum after its price declined in recent days, and this suggests the approaching upward movement of the currency, as the value of the Relative Strength Index (RSI) - in purple - rose from approximately 40 yesterday to approximately 55 today, indicating an increase in buying pressure.

This indicates that the currency is in a growth phase, as someone warned that its trading volume had reached $1.5 billion yesterday. This event is related to what we talked about previously when a trader purchased approximately 211 billion PEPE coins - distributed over several transactions - yesterday.