PEPE Coin Holds Strong Amid Market Turbulence

PEPE Coin's Market Performance

Despite the volatility in the cryptocurrency market, PEPE coin showcases resilience by maintaining a position above the 100-day Simple Moving Average and a consistent upward trend. With over $38 million in total liquidity and a 24-hour trading volume surpassing $4.9 million, PEPE coin's value has recently risen by approximately 3.57%, trading at $0.00000872.

Technical Analysis Insights

The 4-hour Relative Strength Index (RSI) for PEPE coin indicates a bullish moment as it remains above the midpoint of 50. Divergence between the RSI and price action suggests possible fluctuations ahead. The Moving Average Convergence Divergence (MACD) indicates ongoing bullishness, while the Alligator indicator reinforces the potential for continued upward movement.

Future Price Trajectory

PEPE coin eyes the resistance level of $0.00000916, and surpassing this could lead to retesting its all-time high. Conversely, failure to breach this level may result in a reversion to a previous support level of $0.00000756, with the potential to decline further if support breaks.