Pepe Price Prediction for Today June 26: PEPE Pauses in Anticipation of Additional Gains

Updated: 26 June 2023

Disclosure

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

Join Our Telegram channel to stay up to date on breaking news coverage

PEPE Enters a Sideways Trend in Anticipation of Additional Gains- June 26, 2023

Pepe’s rising trend has slowed as the altcoin trades below the $0.0000018000 high in anticipation of additional gains. The consolidation above the moving average lines indicates that the cryptocurrency will continue to rise. If the positive momentum continues, the altcoin is anticipated to reach a high of $0.0000020000.

Pepe Price Statistics Data:
•Pepe price now – $0.000001524
•Pepe market cap – $597M
•Pepe circulating supply – 391,790,000,000,000 PEPE
•Pepe total supply – $644,908,409
•Pepe Coinmarketcap ranking –

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

Following the recent advance above the moving average lines, PEPE/USD is hovering above them in anticipation of additional gains. The existence of little body indecisive candlesticks known as Doji slows the upward movement. The price fluctuation has been negligible.

The candlesticks imply that buyers and sellers are split on the market’s direction. For example, if buyers break the resistance at $0.0000018000, PEPE will climb to a high of $0.0000020000, and the bullish momentum will continue to the previous high of $0.0000045000. The downtrend will restart if the bears break below the moving average lines.

Selling pressure will begin, and the altcoin will fall back into its former range-bound zone of $0.0000010000 to $0.0000012000.

Nonetheless, PEPE/USD consolidates below the resistance at $0.0000018000 in anticipation of additional gains. Since June 23, the altcoin has traded in a tight range between $0.0000015000 and $0.0000018000. Once the range-bound levels are broken, the market will turn.

Alternatives to Pepe

The crypto asset has been forced to trade sideways as buyers failed to break through the resistance level of $0.0000018000. Price bars continue above the moving average lines, giving buyers an advantage over sellers. When prices are above the moving average lines, they tend to rise.

After being blocked by the resistance, the altcoin will increase. Wall Street Memes (WSM) tokens have been steadily growing. This endeavor has been driven by market forces of supply and demand. A large number of wealthy people are shorting the market. “Naked shorts” was created since they are performing this while wearing only their underwear.

They target publicly traded companies that retail traders regularly invest in, such as GameStop and AMC. They merely print shares that do not exist and are being shorted. Retail traders can also make significant investments in WSM tokens. The presale is ongoing. About $10 million has already been raised during the presale.

New OKX Listing - Wall Street Memes

Rating