Cryptocurrency market has been trading in bearish mode over the last few weeks, as reflected in CoinMarketCap ranking. PEPE is not an exception - its rate has declined by almost 15%. Nonetheless, PEPE shows some signs of recovery, as its rate is coming back to the support at $0.000001566. From a day-trading point of view, the market may continue to correct before bouncing back at the $0.00000015 mark. On the larger frames, the fall may extend until the $0.0000012-$0.0000014 area. It is worth noting, however, that the cryptocurrency has only recently been listed on exchanges, thus making any predictions a bit premature. It is crucial to monitor the $0.000001 psychological level, given that this factor could affect currency's pricing. As of the time of writing, PEPE is marked at $0.0000016047.
Naomi Gonzales
- 2023-05-11
PEPE - Market Could Continue Correcting
The PEPE cryptocurrency market has been trading in bearish mode and its rate has declined by almost 15% over the last few weeks. Here's a breakdown of how it has been performing and what to expect for the future.
