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PEPE Breaks Range-Bound Area as It Retakes the $0.0000010000 High – June 18, 2023
PEPE/USD is moving in the right direction as it retakes the $0.0000010000 high. As the altcoin moves into the overbought area of the market, the uptrend is initially met with resistance. Attempts by buyers to keep the bullish momentum above the $0.0000010000 support have been unsuccessful.
Pepe Price Statistics Data:
•Pepe price now – $0.000009786
•Pepe market cap – $383M
•Pepe circulating supply – 391,790,000,000,000 PEPE
•Pepe total supply – $412,190,117
•Pepe Coinmarketcap ranking – #
Resistance Levels: $0.0000015000, $0.0000016000, $0.0000017000
Support Levels: $0.0000011000, $0.0000010000, $0.0000009000
PEPE/USD has begun the resumption of an uptrend as it breaks above the resistance at $0.0000010000. In the previous price action, the crypto asset was range bound between $0.0000010000 and $0.0000012000 price levels. Buyers are attempting to keep the price above the $0.0000010000 support. On the upside, if buyers are successful, PEPE will regain upside momentum. Pepe will trade the previous range-bound zone. The altcoin will rise to the previous high of $0.0000016000. Nevertheless, if the current bullish impetus is repelled the altcoin will decline and revisit the previous low above level $0.000000800.
The altcoin is fluctuating below the resistance level as it retakes the $0.0000010000 high. Due to the presence of Doji candlesticks in the shorter time frame, the price movement has been slow. If Pepe retraces above the moving average lines, it will try to rise. Once buyers retake the $0.0000010000 high, the bullish trend will resume.
Alternatives to Pepe
PEPE/USD has since recovered after breaking through the previous range-bound area. The market is currently overbought as the price of the cryptocurrency. It is consolidating below the resistance at $0.0000010000. The altcoin will recover if the consolidation maintains below the resistance level. The resumption of the cryptocurrency’s upward momentum will be signaled by a price recovery. The Wall Street Memes (WSM) project is going according to schedule as the market rises. The tokens are currently above their current position. We’ve done it, introducing WSM. The neighborhood token is turning the Wall Street Memes game on its head. 30% of the supply is reserved for rewarding our community, and 50% is available in the presale. Don’t miss out on the opportunity to make some serious waves with us. Nearly $9 million has already been raised during the presale.
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