Pepe is on a run again! The crypto is flashing a buy signal on the charts courtesy of a bullish pattern.
In this article, we will discuss Pepe crypto price prediction along with weekly analysis and news roundup.
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PEPE Crypto Price Prediction
Price: $0.0000122
Market Cap: $5,149,007,048
24-Hour Trading Volume: $464,028,565
Circulating Supply: 420,690,000,000,000 PEPE
Total Supply: 420,690,000,000,000 PEPE
The price is consolidating within a bull flag pattern following a breakout from the descending channel. Currently, it is being rejected by the resistance trendline of the flag.
If the price breaks down below the flag’s support trendline, the pattern will be invalidated, and a retest of the descending channel is expected.
Weekly Price Analysis
Over the past week, PEPE has shown notable performance with a 10.36% increase in price.
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Weekly levels:
7-Day High: $0.0000126
7-Day Low: $0.0000121
Percentage Change: +10.36% over the past week
News Roundup
There has been significant whale activity in PEPE, with large transactions . Two new wallets have accumulated substantial amounts of PEPE, suggesting continued interest and investment in the token.
Technical Indicators
RSI: 70
MACD: Positive
Bollinger Bands: Upper band at $0.0000126, lower band at $0.0000121
50-Day Moving Average: $0.0000123
200-Day Moving Average: $0.0000115
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