Pepe Price Prediction for Today June 15: PEPE Rebounds as It Rises above $0.0000008354

PEPE Oscillates within a Certain Range as It Rises above $0.0000008354 – June 15, 2023

PEPE/USD made a comeback on June 6 when the cryptocurrency rallied above the moving average lines as it rises above $0.0000008354. The coin was rejected at the 50-day SMA on June 9, continuing the bullish momentum. This is the cause of the current decline. The bearish momentum has broken through the $0.0000010000 support.

Pepe Price Statistics Data:
•Pepe price now – $0.000009011
•Pepe market cap – $353M
•Pepe circulating supply – 391,790,000,000,000 PEPE
•Pepe total supply – $378,914,890
•Pepe Coinmarketcap ranking – #88

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

PEPE/USD has been oscillating between price levels of $0.0000010000 and $0.0000012000 since the most recent breakdown on June 5. On June 10, as the altcoin fell to a low of $0.0000008354, sellers ended the range-bound movement. PEPE, however, has only been able to fluctuate between $0.0000008354 and $0.0000010000 since the price drop on June 10. Doji candlesticks have dominated and characterized the price movement within the range. The price movement is sluggish as a result of the candlesticks. The altcoin is tumbling today as it tries to break through the existing support by retesting it. The altcoin is currently moving toward the oversold area of the market. For period 14, it is at level 35 of the Relative Strength Index. The daily Stochastic has also indicated that the altcoin has entered the oversold area of the market, in a similar vein. The pressure to sell will lessen or end.

Nevertheless, the cryptocurrency has been trading in a range as it rises above $0.0000008354. Currently, the bears are attempting to push through the lower price range. The downtrend will resume if the bears breach the lower price range. The range-bound move will continue between $0.0000008354 and $0.0000010000 if the current support holds.

Pepe Alternatives

PEPE/USD is recovering as long as it trades above the lower price range. Now that the altcoin has reached this stage, the market is oversold. The selling pressure will likely ease. Secondly, it is anticipated that buyers will arrive in the oversold area to raise prices. PEPE will resume a bullish trend on the upside if buyers are successful in keeping the price above the moving average lines or the resistance at $0.0000015000. The Wall Street Memes (WSM) tokens are not excluded as they also experience upward movement. The bear market in cryptocurrencies has run its course. The Fed is pausing rate increases but has promised two more for this year. Short sellers following tomorrow’s Fed pause. The S&P was at 3600 about a year ago, when everything appeared to have been liquidated. However, WSM is going stronger. During the presale, close to $7 million has already been raised.

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