Volume is increasing in Pepe (PEPE): Could it be a bullish signal? - Coinleaks
Current Date:November 7, 2024

Volume is increasing in Pepe (PEPE): Could it be a bullish signal?

Increasing in volume for several days Pepe( PEPE) continues to push a critical resistance area.

MemecoinOne of the popular names of PEPE Although it has not exhibited a good price movement recently, it has attracted attention with its volume increase. If it relieves the selling pressure on PEPE, which has a transaction volume of $75 million in the last 24 hours, this volatility can turn into an increase. Which levels are important to follow for the popular coin, which is currently priced just below an important resistance point?

Sales pressure needs to be prevented!

Volatility, perhaps one of the most dangerous elements of Memecoins, continues to affect PEPE. The mobility that disrupted the balance of the parity with sharp up and down needles has not been able to fully pave the way for the rise of PEPE. PEPE, which saw a direct sales wave after testing the resistance levels, is currently trading at $ 0.00000115.

The resumption of the Memecoin craze or the rise of BTC towards $ 40,000 will push PEPE up. In such a scenario, 0.00000120 – 0.00000128 – 0.00000133 – 0.00000148 – 0.00000164 and 0.00000190 dollars can be targeted respectively. However, if buyers continue to be insufficient, decreases to 0.00000105 – 0.00000103 – 0.00000096 – 0.000000961 and 0.00000086 dollars may be observed, respectively.

Share