Pepe (PEPE), which has been pricing in a decreasing trend for a month, broke this structure and increased by 13 percent. What are PEPE’s next targets?
The popular coin, which has been trading under the trend for a long time, broke this technical structure and tested $ 0.00105. PEPE, which both BTC and technical analysis paved the way for, has once again attracted attention in memecoins with its increase. The popular coin, which has been in a downward trend for the last 30 days, can make even bigger rises. What does the current chart show for PEPE? What values can be observed?
Is a 40 Percent Rise in Pepe (PEPE) Possible?
PEPE, which has been trading in the falling trend since May 20, broke this structure with its latest rise and rose 13 percent. However, memecoin, which lost this momentum with the withdrawal of BTC, came to $ 0.000924. 0.00105 – 0.001300 resistances can be followed in PEPE as long as they are not included in the trend again. Reaching $0.0013 corresponds to an increase of approximately 42 percent from the value of the popular coin.
If the fud news continues or the selling pressures in PEPE increase, the support level to follow is $0.008. If this value, which is a critical buyer zone for PEPE, is lost, new lows will occur.
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