The post <a rel="noopener noreferrer nofollow" href="https://coinpedia.org/price-analysis/pepe-price-analysis-volatility-high-for-pepe-as-stand-at-0-0000010-crossroads/">PEPE Price Analysis: Volatility High For PEPE As Stand At $0.0000010 Crossroads?</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinpedia.org">Coinpedia Fintech News</a> 
Despite 68.53% of holders in the red, PEPE is slowly becoming a new strong meme coin in the industry. In the recent correction, the PEPE coin price falls drastically by 26% to the crucial support of $0.0000010574, aligning with the 78.60% Fibonacci level.&nbsp; 
Cooling down the selling spree, buyers hold off the selling spree at $0.0000010574, leading to a sideways trend. However, the growing bearish influence threatens the bullish dominance at this psychological level. 
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 <img decoding="async" src="https://lh6.googleusercontent.com/4jXKZc13pinl9TTZwPqPr3IXmHU9MNOSOWJm3EhupuZUIkN4tEWQdH4hKCCMJw22o-3Ve1YLv0OGyuTkgIFfFeZiKZSSEaoOOKP5coYhAOLue7w2G0LIN-jXiUX1hLk4vNTisMFLJu1-7apxE2-0Jb4" alt=""> 
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PEPE coin price action displays a short-term resistance trendline influencing a bearish pressure over the recovery attempts. Even the price action forms a head and shoulder pattern with the bottom support at $0.0000010574.&nbsp; 
Currently, PEPE is trading at $0.0000010766 with an intraday loss of 1.41% but displays lower price rejection from the crucial support zone.&nbsp; 
Moreover, the RSI indicator shows a notable bullish divergence in the 4-hour chart as the RSI line grows as the PEPE tests $0.0000010574. This increases the likelihood of a bullish reversal to challenge the overhead resistance trendline.&nbsp; 
<h2 id="will-pepe-boost-to-0-0000013" data-name="will-pepe-boost-to-0-0000013" class="wp-block-heading">Will PEPE Boost To $0.0000013?</h2> 
The RSI divergence and a potential recovery coming in the market align perfectly for a bull run in not just PEPE but for most altcoins. Therefore, the trendline breakout will signal a buying opportunity for short-term traders. Potentially, the breakout rally will push PEPE higher to $0.0000013.&nbsp; 
On the flip side, a further decline below the 78.60% Fibonacci level will give a bearish breakout of the head and shoulder pattern. The breakdown rally will significantly drop the meme coin prices below the psychological mark of $0.0000010.&nbsp;

PEPE Price Analysis: Volatility High For PEPE As Stand At $0.0000010 Crossroads?

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