Join Our Telegram channel to stay up to date on breaking news coverage
PEPE Restarts Its Upward Trend as It Undergoes Bearish Exhaustion over $0.0000010000 – June 6, 2023
PEPE/USD has since surged after holding above the existing support as it undergoes bearish exhaustion over $0.0000010000. On May 12, the crypto asset grew similarly, although it spiked to $0.0000020000. The cryptocurrency asset has now retested the opposing price level after completing its cycle of range-bound movement. If the current support continues, PEPE will restart its upward trends. To begin the upward momentum, the bulls will break through the barrier at $0.0000020000.
Pepe Price Statistics Data:
•Pepe price now – $0.000001195
•Pepe market cap – $468M
•Pepe circulating supply – 391,790,000,000,000 PEPE
•Pepe total supply – $502,715,832
•Pepe Coinmarketcap ranking – #
Resistance Levels: $0.0000015000, $0.0000016000, $0.0000017000
Support Levels: $0.0000011000, $0.0000010000, $0.0000009000
When PEPE/USD reached its prior low of $0.0000009497 on June 5, selling pressure continued. The bulls, however, bought the dips as the altcoin advanced over the current support. The bullish trend is still present as it approaches the previous high of $0.0000012058. At the altcoin’s most recent high of $0.0000013000, there is resistance. If the present bullish momentum is maintained above the moving average lines, PEPE will resume its upward momentum and climb above the $0.0000020000 high. PEPE is currently having trouble getting above a low barrier of $0.0000013000.
In the meantime, PEPE has climbed beyond the current support as it undergoes bearish exhaustion over $0.0000010000 . The altcoin underwent bearish exhaustion over $0.0000010000. The coin’s price approached the oversold region as buyers started to appear from the bottom of the chart. The increase in buyers has boosted the coin’s value. As a result of initial resistance, the upward trend was only transient.
Pepe Alternatives
The negative trend in the PEPE/USD pair has hit bearish exhaustion as long as the coin remains above the $0.0000010000 support. Buyers are driving the coin upward to break above the moving average lines or the barrier at $0.0000020000. The cryptocurrency’s present slide will cease soon. The Wall Street Memes (WSM) tokens have recovered following their first dip and are now going upward. Avoid making the same error. Avoid falling for con artists and purchase WSM through the link. Just picture your incredible PEPEAI creations being recorded on the Bitcoin blockchain. The MEMECOINS future is now. During the presale, almost $5 million has already been raised. New OKX Listing - Wall Street Memes
Read more:
Join Our Telegram channel to stay up to date on breaking news coverage
