recent correction became intense, but what's next
PEPE (PEPE)
PEPE, ranked third in the list with 24th rank, has shown a massive bull run since its inception. With a year-to-date growth of almost 550%, PEPE maintains a strong bullish traction.
However, the recent correction became intense, with a loss of $0.0000100, as well as the psychological support and the 200-day and 50-day EMA. Likewise, the pattern wise, it has shown a breakdown of an ascending wedge. Nevertheless, PEPE’s decrease has found a foothold at the horizontal support level of $0.00000600.
The upward trend may soon challenge the resistance of $0.0000100 overhead trendline at $0.0000135. A bullish breakout above this resistance trendline could trigger a rally in PEPE again for the new ATH.
PEPE, ranked third in the list with 24th rank, has shown a massive bull run since its inception. With a year-to-date growth of almost 550%, PEPE maintains a strong bullish traction.
However, the recent correction became intense, with a loss of $0.0000100, as well as the psychological support and the 200-day and 50-day EMA. Likewise, the pattern wise, it has shown a breakdown of an ascending wedge. Nevertheless, PEPE’s decrease has found a foothold at the horizontal support level of $0.00000600.
The upward trend may soon challenge the resistance of $0.0000100 overhead trendline at $0.0000135. A bullish breakout above this resistance trendline could trigger a rally in PEPE again for the new ATH.
Penafian
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