Pepe (PEPE), who found strength with Bitcoin (BTC) testing $ 30 thousand 250, has risen close to 20 percent in the last 24 hours.
PEPE, which almost always shows itself in the processes where BTC rises rapidly, again revealed this situation with yesterday’s activity. After pinning the support zone, memecoin, which turned its course upwards, gained strength from the 5% increase of BTC and experienced a total increase of 18.36 percent. How does the graph continue for PEPE, which also broke the minor resistance?
Pepe (PEPE) chart analysis
Significant support at $0.00000105 was decisive on the PEPE chart. From this point on, the once popular coin, which started its upward movement, came to 0.00000130 and performed close to 19 percent. As long as PEPE surpasses $0.00000133, it could start moving towards $0.00000149 – 0.00000164 – 0.00000175 and 0.00000188 respectively.
The discrediting of the Memecoin market and the sharp declines of BTC could bring the price of PEPE back to $0.00000119 and $0.00000105. In particular, the protection of $0.00000105 by buyers will determine the medium-long term price of PEPE. With the support breaking, new lows look very likely.
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