Pepe Price Prediction for Today June 18: PEPE Resumes Bullish Impetus as It Retakes the $0.0000010000 High

PEPE Breaks Range-Bound Area as It Retakes the $0.0000010000 High – June 18, 2023

PEPE/USD is moving in the right direction as it retakes the $0.0000010000 high. As the altcoin moves into the overbought area of the market, the uptrend is initially met with resistance. Attempts by buyers to keep the bullish momentum above the $0.0000010000 support have been unsuccessful.

Pepe Price Statistics Data:
•Pepe price now – $0.000009786
•Pepe market cap – $383M
•Pepe circulating supply – 391,790,000,000,000 PEPE
•Pepe total supply – $412,190,117
•Pepe Coinmarketcap ranking – #

Resistance Levels: $0.0000015000, $0.0000016000, $0.0000017000
Support Levels: $0.0000011000, $0.0000010000, $0.0000009000

PEPE/USD has begun the resumption of an uptrend as it breaks above the resistance at $0.0000010000. In the previous price action, the crypto asset was range bound between $0.0000010000 and $0.0000012000 price levels. Buyers are attempting to keep the price above the $0.0000010000 support. On the upside, if buyers are successful, PEPE will regain upside momentum. Pepe will trade the previous range-bound zone. The altcoin will rise to the previous high of $0.0000016000. Nevertheless, if the current bullish impetus is repelled the altcoin will decline and revisit the previous low above level $0.000000800.

The altcoin is fluctuating below the resistance level as it retakes the $0.0000010000 high. Due to the presence of Doji candlesticks in the shorter time frame, the price movement has been slow. If Pepe retraces above the moving average lines, it will try to rise. Once buyers retake the $0.0000010000 high, the bullish trend will resume.

Alternatives to Pepe

PEPE/USD has since recovered after breaking through the previous range-bound area. The meme cryptocurrency asset is currently trading in the overbought region however, consolidating below the resistance at $0.0000010000. $PEPE will recover if the consolidation maintains below the resistance level.

The Wall Street Memes (WSM) project is also performing well during its presale, also in the meme coin niche. 30% of the supply is reserved for rewarding its community, and 50% is available in the presale. Over $8 million has already been raised so far.

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