Pepe Price Prediction for Today July 4: PEPE's Recovery Continues as It Crosses Barrier Levels

Pepe Price Prediction for Today July 4: PEPE’s Recovery Continues as It Crosses Barrier Levels

Updated: 04 July 2023

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PEPE Continues Its Rising Advance as It Crosses Barrier Levels – July 4, 2023

PEPE/USD recovers after breaking through at $0.0000017000 as it crosses barrier levels. Prior to the price increase, the altcoin fluctuated between $0.0000015000 and $0.0000017000. Today, the market has reached a high of $0.0000018922. The bullish momentum was unable to break through the resistance at $0.0000019000.

Pepe Price Statistics Data:
•Pepe price now – $0.000001746
•Pepe market cap – $685M
•Pepe circulating supply – 391,790,000,000,000 PEPE
•Pepe total supply – $734,851,080
•Pepe Coinmarketcap ranking – #64

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

Yesterday, the cryptocurrency’s price recovered after breaking through the barrier level of $0.0000017000. PEPE has resumed positive momentum after breaking above the $0.0000017000 barrier level. However, the bullish momentum is being tested again at the $0.0000019000 resistance zone. The coin is currently retracing after hitting the resistance zone.

On the downside, if the altcoin retraces and holds above the $0.0000017000 breakthrough mark, the current rally will resume and revisit the previous highs.Nonetheless, the current high represents an overbought market region. A further upward trend is unlikely. If the altcoin retraces and breaks below the $0.0000017000 support, it will revert to the range-bound zone.

Pepe Price Prediction for Today July 4: PEPE's Recovery Continues as It Crosses Barrier Levels — PEPE/USD – 4 Hour Chart

For period 14, the coin is at Relative Strength Index level 63. It indicates that the altcoin is capable of rising in the bullish trend zone.Meanwhile, the crypto asset has resumed its upward trend as it crosses barrier levels. A retraced candle body tested the 38.2% Fibonacci retracement line on June 30, uptrend.

The retracement suggests that PEPE will ascend to the 2.618 Fibonacci extension or $0.0000022659 level. The coin has not yet achieved the 2.619 Fibonacci extension level, but it has reached a high of $0.0000018922.

Pepe Alternatives

The crypto asset has surpassed the present barrier level despite being overbought. PEPE is about to reach a higher price than its previous high of $0.0000045000. The first area of resistance for the altcoin is around the $0.0000019000 mark. The rising advance will resume if the altcoin holds its position above the breakout level of $0.0000017000.

The Wall Street Memes (WSM) tokens have broken recent highs as they surpass new barrier levels. WSM is keeping its position above the moving average lines as the market continues to rise. If Silicon Valley Bank had recognized that the technology sector was in trouble, that burn rates were rising, and that IT firms couldn’t acquire capital quickly enough to make up for declining deposits.

They have been handling this for more than a year. Should SVB have mitigated their interest rate risk and “known better”? Sure, after the fact. However, they shouldn’t have been forced to realize $1.8 billion in losses and issue equity to make up for this capital loss. The WSM project has a strong financial foundation and its interest rate is hedged. So far, the presale has brought in around $13 million.

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