PEPE has made a rapid rise after the decline it experienced in the past months. The coin, which increased by 16.14 percent, was evaluated as the best cryptocurrency that can be purchased in October.
16.14 percent increase
PEPE has maintained selling pressure since its all-time high in May. This drop in the price of the cryptocurrency was caused by an unforeseen sale of tokens from the project’s multi-signature wallet. As we approach the end of September, the PEPE price has recently stabilized and is up 16.14 percent in the past week. However, the coin has fallen by 16.12 percent in the past month.
According to PEPE technical analysis, PEPE price movements indicate a potential bullish reversal. Technical indicators such as MACD predict a significant rise. With this incredible rise in PEPE price, PEPE stands out as the best cryptocurrency to buy in October.
However, PEPE appears to be facing resistance around the 20-day EMA. Many experts believe that if PEPE can break above the 20-day EMA and maintain its price above it, PEPE coin will rise to $0.0000008960.
None of the statements given in the news are investment advice. The predictions of various analysts regarding the cryptocurrency in question have been shared.
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