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- 📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
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Pepe (PEPE) Price Sign of Weakness
Pepe (PEPE), one of the coins that adapts the fastest to the rise of the market, has confused investors with its price structure in the last days.
PEPE, which is among the coins that gained the most value on the journey from $ 24,500 to $ 31,500, where the upward trend of BTC started, has been showing signs of weakness for several days. With a loss of 21.63 percent in just four days, memecoin showed a slight rise, receiving a reaction from the 0.00000150 support.
PEPE, which increased slightly with a reaction at $ 0.00000150, is currently trading at $ 0.00000155. In order for PEPE to break the downtrend structure and move positively, the resistance levels that must be overcome are 0.00000164 – 0.00000175 – 0.00000182 – 0.00000193 dollars, respectively. Breaking $0.00000193 and holding price could bring spring mood for PEPE in the short-to-medium term.
The continuation of the downtrend could deepen the selling pressure on PEPE. Memecoins, which often crash in market downturns, continue to pose a threat to PEPE. The prices for PEPE where buyers can play a role are 0.00000150 – 0.00000133 – 0.00000119 – 0.00000104 and 0.00000082 respectively.
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