CandleFocus PEPE Price Chart Forms Bull Flag, Could Restore 100% of Holders to Profitability
2024-11-18
Author: Content Editor
The 4-hour PEPE price chart indicates that the meme coin's price could reach a new peak, despite currently being 17% down from its all-time high. On-chain analysis suggests that the price action could return holders to profits, as a bull flag formation has been identified. The Global In/Out of Money indicator also supports the possibility of price increase, with weak resistance and strong support. The daily chart shows similarities to a previous hike in March, indicating the potential for even higher gains. However, if selling pressure increases, the price could decline below $0.000015.
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