Is the DECLINE over?

Popular altcoins#PEPEand#BONKare giving potential bullish signals despite the market decline.

While PEPE rose 5.41 percent overnight, it could reach $0.000020 with technical indicators.

BONK, on ​​the other hand, can rise to $0.00003756 with the morning star formation and a 3 percent intraday jump.

The cryptocurrency market is currently facing significant volatility, which is further exacerbated ahead of US inflation data and the Federal Open Market Committee (FOMC) interest rate decision due today. Despite the downward trend, some altcoins such as Pepe (PEPE) and Bonk (BONK) stand out as potential catalysts for the market recovery. These altcoins have shown signs that the downtrend may give way to an uptrend, sparking optimism among investors.

Technical indicators also point to a bullish outlook for PEPE. The Moving Average Convergence Divergence (MACD) and signal lines are approaching a bullish crossover in positive territory. This technical outlook shows that the price of PEPE may rise and possibly reach all-time highs with the market-wide recovery following the FOMC meeting.

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