- Pepe's price went up 13.61% to 0.000009274 while the trading volume was mentioned by a 46.45% sustick.
- RSI and MACD indicate a bullish trend, but conditions of excessive thinking can lead to a pullback.
Pepe (Pepe) recorded a parabolic uptick that started a week ago. Market data suggests that Pepe prices have moved by 13.61% over the past 24 hours, with a significant increase in trading volume. In addition, RSI and MACD indicators show the bullish momentum, indicating that the price may continue to rise.
PEPE TECHNICAL ANALYSIS: RSI and MACD indicator
Through Pepe's review using TradingView, the RSI token reached 64.48, and near the level of over -thinking. The value of 60 to 70 is usually a sign of a bullish momentum, which expects the price to continue to rise unless a correction is carried out.
The RSI is currently above the 14-day average of 58.11, showing that the purchase of pressure is dominant in the market. On the other hand, if the RSI crosses the level of 70, it may signal excessive conditions and a short-term correction may occur.
The MACD indicator also records an upward motion, which is a good sign. The MACD line reads at 0.00000027, which is above the signal line of 0.00000023, observing a bullish signal for the price that will remain on the rise.
Moreover, the histogram shows an increasing number of green bars that prove the bull's existence. The positive difference -the MACD variety records that the price of the token is likely to remain above its current levels, with a potential move towards resistance.
The current performance of the market is disclosed
Pepe's price increased by 13.61% in the past 24 hours, reaching $ 0.000009274. This is coupled with a massive increase of volume of 46.45%, thus rising to $ 760.3 million. The token's market cap is at $ 3.9 billion, which is also a 13.61 % increase. Pepe's fully diluted valuation (FDV) is a market cap duplicate for $ 3.9 billion.
The technical indicators of Pepe suggest a strong bullish trend, which is supported by RSI and MACD reading. The price of the token continues to gain momentum, with a well -known increase in trading volume. If the RSI exceeds 70, a potential short -term pullback may occur.
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