Bitcoin ( BTCOne of the coins most affected by the sag below $25,000 is Pepe ( PEPE) happened, can the bottom price tests continue on the PEPE side?
With the market crash last night on BinancePepe (which is 80 percent down from the peak price) PEPE ), continues to cause fear on behalf of memecoins. 15% drop in the last 24 hours PEPE was also the fourth most depreciating coin of the day. What does technical analysis show in PEPE, which has fallen into the background after being listed on major exchanges and has hardly gained popularity again?
Pepe (PEPE) Graphic Evaluation
With the drop last night, it bottomed again. PEPE , has experienced a 15 percent decrease in a short time. Memecoin, which tested $ 0.00000085, has now come to $ 0.00000084 by receiving a reaction from here. BinanceEach drop of PEPE, which has lost value since its listing, is driven by high volume transactions.
In memecoin, which is at its all-time low, the indicator can be used to tell support levels. In the wide time frame, Fibonacci can be evaluated and approximate support points can be determined. PEPEThe resistance points that can be followed in their rise are respectively 0.000000105 – 0.0000001119 – 0.000000149