Pepe (PEPE), whose volatility peaked with the price movements in Bitcoin (BTC), lost 32.18 percent in 10 days.
Perhaps one of the coins with the clearest correlation to the price structure in BTC, PEPE has proven this once again. With the effect of ETF and Ripple news, PEPE, one of the fastest and most increasing coins in the rapid climb process of BTC, appeared in the opposite way this time. BTC, which came to $ 28,900 with the breakdown of $ 30,000, caused PEPE to drop by 32 percent in just 10 days.
Pepe (PEPE) technical analysis
PEPE, which started to drop at $0.0000018888, has lost 32.18 percent in just 10 days. The sharp decline that started on the BTC side especially shook memecoin. Currently trading at $0.00000132, PEPE is struggling to hold on to the support level. With the preservation of this level, PEPE may rise again to 0.00000149 – 0.00000164 – 0.00000175 – 0.0000018888 and 0.00000207 dollars.
Situations such as the continuation of the selling dominance in BTC or the decrease in interest in memecoins may push the price to further bottoms. In such a scenario, the support points that can be followed on behalf of PEPE are 0.00000133 – 0.00000119 – 0.00000104 – 0.00000082, respectively.
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