Price Continues to Rise.
- Could PEPE be Preparing for a New High?
- Targets Awaiting PEPE Investors!
|Before you reading,
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The Ethereum Community Continues to Strongly Support PEPE Coin. Is a 2-Zero Drop Possible for PEPE? PEPE Volume Continues to Rise! Current PEPE Analysis!
PEPE Gave Coinotag Readers 90% Profit!
As the Coinotag analyst team, we started the upward movement from the support range we mentioned in our previous PEPE coin analysis and provided our readers with a 90% profit.
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Our shared PEPE analysis started the upward movement by turning back from the support range we mentioned and then rose to the target level of 0.0000020$.
Medium-Term PEPE Price Analysis: Will the Rise Start Again?
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8 Hour PEPE Price Chart Source: TradingView
When we examine the current price chart of PEPE, it is seen that it continues its horizontal movement in an important intermediate zone.
PEPE will want to continue the upward trend as long as it continues to have daily candlestick closures above the support level of 0.000001533$ mentioned in the price analysis.
PEPE will have a first target of 0.000002159$ level as long as it stays above the 0.000001533$ level. If the PEPE price makes a weekly or daily candlestick closure above the resistance zone of 0.000002159$, the next upward target will be the level of 0.00000245$.
If PEPE makes a weekly candlestick closure above the resistance zone of 0.0000029$ and supports that zone, its next target will be the levels of 0.0000060$.
PEPE Volume Continues to Rise! What Does This Mean?
When we examine the volume of PEPE after its price chart, it is seen that it has been increasing for days.
PEPE 24 Hour Volume Source: Coinglass
When we examine the above data, PEPE is in third place in the ecosystem after Bitcoin and Ethereum, which have the highest transaction volume in the ecosystem.
PEPE’s entry into this ranking means that there is an increase in interest from investors and an increase in transaction numbers.
Short-Term PEPE Price Analysis
4 Hour PEPE Price Chart Source: TradingView
When we examine the current price chart of PEPE, it can start the upward movement from this zone as long as it accepts the support level of 0.000001638$ as its support.
If the PEPE price makes 4-hour candlestick closures below the support range mentioned above, it can continue the downward movement down to the level of 0.000001533$.
If PEPE makes a 4-hour candlestick closure below this support, its downward target will be the levels of 0.000001457$.
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