CandleFocus Will PEPE Coin Crash to Zero? Or Is a Rebound Coming?
2025-03-10
Author: Content Editor
The PEPE meme coin is currently experiencing heavy selling pressure and its price has been declining. The chart indicates a confirmed downtrend and the lack of buying support has led to panic selling. The Relative Strength Index (RSI) suggests oversold conditions, but this does not guarantee a long-term trend reversal. The Moving Average Convergence Divergence (MACD) has not indicated a bottoming out yet, indicating that the downtrend is likely to continue. PEPE is in danger of breaking its last major support level, and if buyers fail to hold the current support level, a major crash could occur. While there may be short-term opportunities for risk-tolerant traders, long-term holders should proceed with caution as PEPE may continue its decline.
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