The pullback that started in Bitcoin (BTC) continues to upset the price balance in Pepe (PEPE).
The leader of crypto parities, which started to price bearish after touching $ 31,800, shook PEPE the most. PEPE, which is one of the coins that increased the most while the market was rising, now moves in the opposite price structure. The downtrend, which started at $0.00000188, endured a 41 percent depreciation.
Pepe technical analysis
PEPE, which has been in a downtrend since $0.00000188, has not been able to break this structure yet. Memecoin, which has swept through a period, has been making a name for itself with its recent declines. PEPE, one of the coins that reacts the fastest to BTC rises, maintains the same price structure in declines. With the withdrawal of BTC, what is the graph of the popular coin, which has lost 40.46 percent in the last 3 weeks?
PEPE, which is currently buying at $0.00000114, can target $0.00000149 – 0.00000164 – 0.00000175 and 0.00000188 respectively if it breaks $0.00000133 in volume. However, if it can’t find enough buyers, this selling wave may get bigger. The regions that are expected to work as support in such a case are $0.00000104 – 0.000000910 and $0.000000820 respectively.
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