CandleFocus PEPE Breaks Bullish Flag Pattern, Traders Eyes 65% Rally
2024-11-21
Author: Content Editor
Pepe (PEPE), the third-largest meme coin, has seen a breakout in its price action pattern, leading to increased interest from traders, investors, and institutions. On-chain analytics show a significant rise in open interest and large transaction volumes. Technical analysis suggests that if PEPE closes above a certain level, it could potentially surge by 65% in the coming days. The meme coin is currently trading above the 200 EMA and its RSI indicates a potential upside rally. PEPE's price has increased by over 5% in the past 24 hours, accompanied by a rise in trading volume.
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