Pepe

Resistance

Daily

Time

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>Pepe’s price is trading below the key moving averages, showcasing bearishness on daily chart.</a> </li> 
 <li> <span>2</span> <a>PEPE crypto is under the bears’ dominance, price action and technicals confirm.</a> </li> 
 <li> <span>3</span> <a>PEPE price was down by 20.07% last month.</a> </li> 
</ul> 
<p>Pepe (PEPE) price is down by 20% over the past 30 days, whereas according to the price action, the Pepe price continues to move under the sellers’ influence. Bears are trying to pull PEPE crypto prices toward the lower price range. PEPE must attract buyers in order to surge toward the upper trendline. Investors in PEPE crypto need to wait for any directional change over the daily time frame chart.</p> 
<p>PEPE price prediction shows the drop of Pepe crypto price from the higher level over the daily time frame chart. Pepe crypto needs to lure buyers in order to reach the recovery level. However, trading volume has been low and needs to increase for the PEPE crypto price to maintain at a higher level.</p> 
<p>Meanwhile, Pepe crypto is trying to break above 20, 50, 100, and 200-day Daily Moving Average. PEPE price has lost 20.07% in a month and 7.96% in the last three months. Furthermore, the Pepe price has fallen around 20.74% in the last six months and has lost 17.44% year to date. This confirms the facts regarding Pepe crypto’s bearishness in upcoming sessions.</p> 
<h2 class="wp-block-heading" id="strong-technical-analysis-of-pepe-crypto-price-in-1-d-time-frame-strong"><strong>Technical Analysis of PEPE Crypto Price in 1-D Time Frame</strong></h2> 
<div class="wp-block-image"> 
 <figure class="aligncenter">
  <img loading="lazy" decoding="async" width="1600" height="699" src="https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-506.png" alt="PEPE Price Prediction: Buy, Sell, or Hold The Pepe Crypto?" class="wp-image-190115" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-506.png 1600w, https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-506-300x131.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-506-1024x447.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-506-768x336.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-506-1536x671.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-506-750x328.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-506-1140x498.png 1140w" sizes="(max-width: 1600px) 100vw, 1600px">
  <figcaption class="wp-element-caption">
   Source: PEPE.1D.USD by TradingView
  </figcaption>
 </figure>
</div> 
<p>If the price can keep this level, the PEPE crypto could continue to go up and reach the first and second targets of $0.00000145879 and $0.00000168608. However, if the Pepe price cannot maintain this level and falls, then it might hit the closest support levels of $0.00000100502 and $0.00000061542.</p> 
<p>At the time of publishing, PEPE crypto (USD: Pepe) is trading below the 50 and 200-Day DMAs (Daily moving averages), which do not support the price trend.&nbsp;</p> 
<p>However, if more selling volume adds up then the price might conquer supporting SMA’s by making lower highs and lows. Hence, the Pepe price is expected to move downwards, giving bearish views over the daily time frame chart.</p> 
<p>Technical indicators suggest the downtrend momentum of the Pepe crypto. The relative strength index showcases the downtrend momentum of PEPE. RSI was at 40 and is heading towards the neutral to be oversold.</p> 
<p>MACD exhibits the downside trend of Pepe crypto price. The MACD line is under the signal line behind a negative crossover. Investors in Pepe crypto need to wait for any directional change over the daily time frame chart.</p> 
<h3 class="wp-block-heading" id="strong-summary-strong"><strong>Summary</strong></h3> 
<p>The daily time frame chart of the <a href="https://www.thecoinrepublic.com/2024/01/25/hut-nasdaq-hut-displays-breakdown-will-it-extend-fall-to-6/" target="_blank" rel="noreferrer noopener">PEPE cryptocurrency</a> shows a dropping trend according to the Pepe price projection from the upper level. For Pepe cryptocurrency to rebound and reach the upper levels, it must draw more buyers. Moreover, the price of PEPE has decreased by almost 20% over the past months. Technical indications point to the price of Pepe cryptocurrency being in a downturn. Investors in injective cryptocurrency must watch the daily time frame chart for any directional changes.</p> 
<h3 class="wp-block-heading" id="strong-technical-levels-strong"><strong>Technical Levels</strong></h3> 
<p>Support Levels: $0.00000100502 and $0.00000061542.</p> 
<p>Resistance Levels: $0.00000145879 and $0.00000168608.&nbsp;</p> 
<h3 class="wp-block-heading" id="strong-disclaimer-strong"><strong>Disclaimer</strong></h3> 
<p>This article is for informational purposes only and does not provide any financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your own research before making any financial decisions</p>

PEPE Price Prediction: Buy, Sell, or Hold The Pepe Crypto?

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2024년 1월 26일에 게재된 다른 기사

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