The latest Pepe worth evaluation reveals a rise in market exercise, with PEPE trending upwards over the previous 24 hours. PEPE’s worth motion has been comparatively bullish, having established a brand new day by day excessive of $0.000001523. PEPE is buying and selling at $0.000001493, up by 2.39 p.c from its 24-hour low of $0.000001428.
The assist stage for PEPE is at present at $0.000001430, whereas the resistance stage is at $0.000001523. The assist stage is appearing as a buffer for PEPE’s worth motion, however additionally it is essential to notice that the market sentiment stays bullish. The resistance stage can also be offering a barrier to the upward development, which may sign a possible reversal within the close to future if the promoting strain persists.
The market capitalization for PEPE is at present at $585 million USD, up by 2.42 p.c from its yesterday’s shut. The buying and selling quantity for the previous 24 hours has reached a peak of $132 million USD, with a circulating provide of 391,790,000,000,000 PEPE tokens out there.
Pepe worth evaluation 1-day chart: PEPE trades in an uptrend regardless of a low buying and selling quantity
On the day by day chart, Pepe worth evaluation reveals an uptrend sample in PEPE’s worth motion. The chart additionally reveals that the buying and selling quantity is comparatively low, indicating that the shopping for exercise is proscribed at the moment. Regardless of this, PEPE’s worth has been rising steadily, and it seems as if its momentum will proceed into the close to future.
On the technical indicators, PEPE reveals a bearish outlook for the reason that bulls haven’t but taken management of the market. The relative power index (RSI) is at present at 51.15, which signifies a impartial market sentiment. In the meantime, the shifting common convergence divergence (MACD) is trending downwards however stays under the zero line. Regardless of this, the crimson bars on the histogram are fading, suggesting that the development could possibly be reverting to a bullish outlook within the close to future. The Bollinger bands are additionally in a state of contraction, additional confirming that the development is very unstable.
Pepe worth evaluation 4-hour chart: Bulls take the lead
Pepe worth evaluation on the 4-hour chart reveals bulls taking the lead. The chart reveals that PEPE’s worth has been growing steadily in latest hours regardless of some minor pullbacks. If the consumers proceed to dominate, we may anticipate PEPE’s worth to interrupt by the speedy resistance of $0.000001523 and resume its bullish momentum.
On the technical indicators, PEPE reveals a bullish outlook. The relative power index (RSI) is at present at 50.68, which means that PEPE has room to maneuver greater earlier than it reaches overbought ranges. In the meantime, the shifting common convergence divergence (MACD) is trending upwards and has crossed above the zero line, suggesting that purchasing strain is growing out there. The Bollinger bands are additionally increasing, indicating that volatility is on the rise.
Pepe worth evaluation conclusion
Total, Pepe worth evaluation reveals a bullish market sentiment for PEPE. The token is at present buying and selling at $0.000001493 and is supported by a powerful day by day uptrend of $0.000001428. Buying and selling quantity has been comparatively low at the moment, however this might enhance within the close to future if the shopping for strain persists.