Why is Pepe (PEPE) Falling? 26 June 2023 - Coinleaks
Current Date:September 21, 2024

Why is Pepe (PEPE) Falling? 26 June 2023

Pepe, who makes voluminous movements according to the direction of the market ( PEPE), which has slumped 15% in the past two days, shaking up memecoins.

PEPE, which increased by 119 percent after the downtrend break, of BTC rapidly depreciated due to its withdrawal. PEPE, whose trading volume peaked according to the route of the market, became the 4th coin that fell the most in the last 24 hours. PEE, which is usually at the top of both the winners and losers side of the list, continues to surprise investors with its price movements.

Pepe (PEPE) Graphic Analysis

Breaking the falling trend structure after touching $0.00000082, PEPE rose 119.33 percent within days. However, PEPE, which was under selling pressure due to the increase in volatility in BTC and the lack of money transfer to altcoins, fell to $ 0.00000154. For now, PEPE, which is close to the support area, may look forward to 0.00000164 – 0.00000175 – 0.00000182 and 0.00000193 again.

In the scenario where the weakness in the price structure continues, the critical levels to be followed on behalf of PEPE are 0.00000149 – 0.0000133 – 0.0000119 – 0.00000105 and 0.00000082 dollars, respectively. PEPE, which has just made its new bottom price and then increased by nearly 120 percent, has increased the activity in memecoins.

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