PEPE's price has increased by 11% in the last 24 hours, leading to speculation about potential further growth. Recent indicators show that while momentum is easing, there is still the possibility for additional gains. There is a suggestion of a golden cross formation, indicating a potential shift to a stronger uptrend and room for continued growth. However, the ADX has dropped from 50 to 37, suggesting the trend is losing strength. The RSI has risen significantly, indicating growing buying interest and momentum in the market. The EMA lines are still bearish, but there is a potential for a golden cross formation. The next resistance levels for PEPE are at $0.00001082 and $0.00001198, while support levels are at $0.00000881 and $0.00000773. This means that while there is an opportunity for growth, there is also a risk of decline if momentum fails to sustain.
- Content Editor ( beincrypto.com )
- 2024-10-29
PEPE Price Shows Strength with Latest Surge, Eyes Further Gains