$PEPE showed resilience in the face of market decline. Over the past four days the price has moved sideways with no decisive direction, however, a 5.41 percent price rise overnight and a 1.04 percent intraday rise today indicate a potential reversal. 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 with the market-wide recovery following the FOMC meeting, the price of $PEPE could rise and possibly reach all-time highs.

On an optimistic note, #PEPE could break the $0.000018 level and target the psychological level at $0.000020.