Pepe (PEPE), which increased despite the weak movements in Bitcoin (BTC), managed to become the second most rising coin in the last 24 hours.
BTC, which has not yet overcome the $ 27,250 resistance, has led to losses in many altcoins. PEPE, which managed to gain value against the price structure in BTC, gained the appreciation of memecoin lovers. With an increase of 11 percent in the last two days and 4.50 percent in the last 24 hours, PEPE took the second place in the list of winners. Can memecoin, which has experienced serious decreases, attack again with this move? What’s the latest on the PEPE chart?
Pepe (PEPE) Graphic Analysis
Reacting directly from the $0.000001119 support, PEPE rose 11 percent to $0.00000131 in two days. Stably rising PEPE for the first time since the downward break of the ascending channel was also moving the memecoin ecosystem. The fact that PEPE gained such a value in a short time despite BTC also increased the interest in BRC-20 tokens.
In order for the uptrend in PEPE to continue, the resistance points to watch are $0.00000149 – $0.00000163 and $0.00000175, respectively. The breakdown of these levels, which is important in the near term, may further strengthen the possibility of a long-term increase in PEPE. The levels at which buyers can play a role for PEPE are the monthly opening price of $0.00000125 and $0.00000119, respectively.
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