Convergence

Pepe

Divergence

Coin

<ul class="news-points"> 
 <li>PEPE’s price rebounds from a 7-day low, indicating rising buying interest.</li> 
 <li>The rising MACD suggests a potential shift to bullish momentum.</li> 
 <li>Market consolidation points to a probable breakout for PEPE.</li> 
</ul> 
<a href="https://coinedition.com/tag/Pepe-PEPE/" rel="noopener noreferrer nofollow">Pepe’s (PEPE)</a> price fell to a 7-day low of $0.000001148 in the last 24 hours as bulls failed to break through the intra-day high of $0.000001265. Despite the initial drop, Pepe’s price recovered slightly and settled around $0.000001196, a 4.62% drop from the intraday high at press time. 
This minor rebound suggests that there is still some purchasing pressure in the market, suggesting the possibility of additional price movement. 
Despite the price drop, PEPE’s market capitalization fell by 5.11% to $468.54 million, while its 24-hour trading volume increased by 8.89% to $130.15 million. This surge in trading volume indicates that there is still tremendous interest and activity in the Pepe market, implying that additional fluctuations in prices are possible. 
<div class="wp-block-image"> 
 <figure class="aligncenter size-full"> 
 <img decoding="async" width="700" height="546" src="https://coinedition.com/wp-content/uploads/2023/08/Pepe-1-4.png" alt="" class="wp-image-329613" srcset="https://coinedition.com/wp-content/uploads/2023/08/Pepe-1-4.png 700w, https://coinedition.com/wp-content/uploads/2023/08/Pepe-1-4-300x234.png 300w, https://coinedition.com/wp-content/uploads/2023/08/Pepe-1-4-224x175.png 224w, https://coinedition.com/wp-content/uploads/2023/08/Pepe-1-4-380x296.png 380w, https://coinedition.com/wp-content/uploads/2023/08/Pepe-1-4-503x392.png 503w, https://coinedition.com/wp-content/uploads/2023/08/Pepe-1-4-90x70.png 90w, https://coinedition.com/wp-content/uploads/2023/08/Pepe-1-4-114x89.png 114w, https://coinedition.com/wp-content/uploads/2023/08/Pepe-1-4-183x143.png 183w, https://coinedition.com/wp-content/uploads/2023/08/Pepe-1-4-571x445.png 571w, https://coinedition.com/wp-content/uploads/2023/08/Pepe-1-4-317x247.png 317w, https://coinedition.com/wp-content/uploads/2023/08/Pepe-1-4-308x240.png 308w, https://coinedition.com/wp-content/uploads/2023/08/Pepe-1-4-212x165.png 212w, https://coinedition.com/wp-content/uploads/2023/08/Pepe-1-4-271x211.png 271w, https://coinedition.com/wp-content/uploads/2023/08/Pepe-1-4-237x185.png 237w, https://coinedition.com/wp-content/uploads/2023/08/Pepe-1-4-104x81.png 104w, https://coinedition.com/wp-content/uploads/2023/08/Pepe-1-4-96x75.png 96w" sizes="(max-width: 700px) 100vw, 700px"> 
 <figcaption class="wp-element-caption"> PEPE/USD 24-hour price chart (source: <a href="https://coinmarketcap.com/currencies/pepe/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap</a>) 
 </figcaption> 
 </figure> 
</div> 
The Moving Average Convergence Divergence (MACD) on the PEPE/USD 1-hour price chart is heading upward despite being in the negative sector with a read… 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/pepe-bounces-from-7-day-low-potential-breakout-looms/">PEPE Bounces from 7-Day Low, Potential Breakout Looms</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

PEPE Bounces from 7-Day Low, Potential Breakout Looms

Coin Edition

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