Bitcoin

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Memetic / PepeCoin

<p><strong>Pepe coin (PEPE) recently couldn’t sustain its momentum above $0.0000172 and has since experienced a decline. Currently, the price is nearing an important support level at $0.000010.</strong></p><h2 id="header-0"><a href="https://dunkimunki.xyz/" rel="noopener noreferrer nofollow">Claim Instant $200 USD Worth of, 200,000 DUNKI MUNKI Memecoins Free At WWW.DUNKIMUNKI.XYZ</a></h2><p>Pepe coin (PEPE) began a downward correction after falling below the $0.0000130 mark. On the daily chart, a crucial bullish trend line at $0.0000120 was breached, indicating a shift in momentum. Currently, the price is expected to consolidate around $0.0000105 before <a href="https://cryptosheadlines.com/cardano-ada-investors-anticipate-upward-movement-ripple-xrp-sees-temporary-surge-furrever-token-captivates-with-15x-potential/" rel="noopener noreferrer nofollow">potentially resuming its upward movement</a>.</p><h3 id="strong-pepe-coin-price-analysis-recent-trends-and-outlook-strong"><strong>Pepe Coin Price Analysis: Recent Trends and Outlook</strong></h3><p>Over the past month, <a href="https://cryptosheadlines.com/pepe-coin-pepe-skyrockets-by-260-in-just-one-week-will-the-momentum-continue/" rel="noopener noreferrer nofollow">Pepe coin</a> (PEPE) has shown impressive performance, surpassing Bitcoin and Ethereum in price gains. The coin experienced a steady rise above the $0.000010 mark, notably breaching the $0.0000150 resistance level and maintaining a position well above the 50-day simple moving average (blue line).</p><p>Pepe coin reached a new multi-month high at $0.0000172 before initiating a recent correction. This correction saw the price dipping below key support levels at $0.0000150 and $0.0000140. Additionally, it fell below the 23.6% Fibonacci retracement level of the upward movement from the $0.00000417 swing low to the $0.0000172 high.</p><p>Of significance, the coin also broke below a significant bullish trend line with support at $0.0000120 on the daily chart. Currently, <a href="https://cryptosheadlines.com/geminis-support-for-pepe-coin-what-does-it-mean-for-traders/" rel="noopener noreferrer nofollow">Pepe coin is approaching a critical support</a> zone near the 50-day simple moving average (blue line), close to the 50% Fibonacci retracement level of the aforementioned upward wave.</p><h2 id="header-1"><a href="https://dunkimunki.xyz/" rel="noopener noreferrer nofollow">Claim Instant $200 USD Worth of, 200,000 DUNKI MUNKI Memecoins Free At WWW.DUNKIMUNKI.XYZ</a></h2><p>Looking ahead, if <a href="https://cryptosheadlines.com/wazirx-joins-binance-in-listing-pepe-coin-coindcx-denied/" rel="noopener noreferrer nofollow">Pepe coin</a> holds above the $0.000010 support level, it could potentially initiate another upward move. Immediate resistance levels to watch include around $0.0000125, with the first major resistance at $0.0000132.</p><p><a href="https://cryptosheadlines.com/baby-doge-launching-on-solana-and-connecting-to-eth-and-bnb/" rel="noopener noreferrer nofollow">Also Read:   Baby Doge Launching on Solana and Connecting to ETH and BNB</a></p><p><img src="https://academy-public.coinmarketcap.com/optimized-uploads/2a20d9211f0d45d8acade9d990a29821.png" /></p><p>Pepe coin price daily chart | Source: PEPE/USD on <a href="https://www.tradingview.com/symbols/PEPEUSD/" rel="noopener noreferrer nofollow">TradingView.com</a></p><p>A breakout above $0.0000132 could pave the way for a retest of the $0.0000150 resistance. The primary resistance now stands at $0.0000172. A daily close above this level might signal further gains towards the $0.000020 mark.</p><p>Investors and traders will closely monitor these levels for indications of Pepe coin’s future price movements amid its recent volatility and potential for recovery.</p><h3 id="strong-pepe-coin-price-forecast-potential-support-and-resistance-levels-strong"><strong>Pepe Coin Price Forecast: Potential Support and Resistance Levels</strong></h3><p>Pepe coin (PEPE) faces potential downside risks amid recent market movements. The <a href="https://cryptosheadlines.com/shib-coin-nears-golden-cross/" rel="noopener noreferrer nofollow">coin’s first significant support level stands near</a> $0.000010, aligned with the 50-day Simple Moving Average (SMA). A breach below this support could lead to further declines towards the next support at $0.0000080.</p><h2 id="header-2"><a href="https://dunkimunki.xyz/" rel="noopener noreferrer nofollow">Claim Instant $200 USD Worth of, 200,000 DUNKI MUNKI Memecoins Free At WWW.DUNKIMUNKI.XYZ</a></h2><p>On the daily chart, there is a crucial bullish trend line also supporting the price at $0.0000080. A break below this trend line might trigger a more substantial downturn, potentially <a href="https://cryptosheadlines.com/matic-usd-price-struggles-to-rebound-testing-support-levels-ahead/" rel="noopener noreferrer nofollow">testing the next key support level</a> at $0.0000062. Further losses could extend towards $0.00000470.</p><p>Despite the downside risks, <a href="https://cryptosheadlines.com/binance-drops-cardano-matic-pepe-coin-btc-35-other-pools-impact-explained/" rel="noopener noreferrer nofollow">Pepe coin</a> currently maintains its position above the 50-day SMA, indicating ongoing support and potential for stability. The price may consolidate around current levels before attempting another move towards the recent high at $0.0000172.</p><p>Traders and investors will closely monitor these support and resistance levels to gauge Pepe coin’s next potential movements amidst market volatility and price fluctuations.</p><h2 id="header-3"><a href="https://dunkimunki.xyz/" rel="noopener noreferrer nofollow">Claim Instant $200 USD Worth of, 200,000 DUNKI MUNKI Memecoins Free At WWW.DUNKIMUNKI.XYZ</a></h2><p><strong>Important:</strong> Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.</p>

Pepe Coin Price Support: Setting the Stage for a Rebound?

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