Bulls take control as demand for PEPEs grows, driving prices higher. Will it break through resistance at $0.000001423? Read more.
- The price of the popular memecoin PEPE surged over 50% amid high demand.
- Its neutral RSI score indicates possible bullish momentum.
- A strong purchasing signal for PEPE/USDT suggests further price gains.
Despite PEPE being listed on BitMEX on May 3, bears controlled the early trading hours, driving prices down until support reached around $0.0000008471. After regaining market dominance, bulls drove the PEPE price to a 24-hour high of $0.000001423 before encountering resistance.
Despite the inability to break through resistance, bulls remained in control as of press time, prompting a 51.05% increase to $0.000001412.