Mun PEPE takast að endurvekja skriðþunga?

The PEPE price has slipped below its crucial support zone of $0.000005000 and has witnessed a bearish pennant pattern on the charts. Moreover, the price action highlights the profit booking and the token is hovering near its make or break region of $0.000004980. The token is displaying lower low swings and price is retracing inside the falling channel for the past sessions. The PEPE price has dragged over 48% this month and is reflecting seller dominance. 

At press time, the PEPE token (PEPE) price traded at $0.000004989 with an intraday drop of 2.06%, reflecting neutrality on the charts. It has a monthly return ratio of -27.80% and 152.87% on a yearly basis. The pair of PEPE/BTC is at 0.0000000000804 BTC, and the market cap is $2.10 Billion. Analysts are neutral and suggest that the PEPE token may continue to retrace and may underperform in the next sessions.

PEPE Price Volume Profile On Daily Charts

Per the Santiment data of the PEPE token, the price to volume profile showcases profit booking trend in the last sessions. Over the past few sessions, lower low swings were intact and sellers persisted in dominating the battle. The intraday trading volume surged over 6.36% to $1.04 Billion revealing investor interest.

Verðsveiflur og vegið viðhorf

The above chart highlights the price volatility data, revealing the minimal fluctuations. The volatility curve dragged over 32.90% to 0.033 mark. However, the weighted sentiment looks positive and stayed above the midline around 0.642.

Social Dominance and X Followers Overview

The Social Dominance data noted follow on decline and dropped over 65.40% to 0.0366%, noting a negative stance in the discussion reports. Similarly, the X follower’s data replicated a decrease and slipped over 98.20% to 6193.

What Does Active Addresses Data and Holding Data Indicate?

The chart shows that the total amount of holders delivered a consistent up move and surged over 11.76% to 204k. The active addresses data indicates a neutral outlook, and the value remained around 2317. Similarly, the RSI curve stayed in the oversold region, and a negative crossover was noted on the charts. 

Per the Fib levels, the PEPE price has slipped below the 38.2% zone and has reached the bearish trajectory. The price action highlights follow on selling momentum and has persisted in declining gains.

The total supply of the PEPE token is 420.69 Trillion, whereas the volume-to-market cap ratio is 0.493, and it is ranked 48 in terms of market cap in the global crypto market.

Yfirlit

The PEPE token price has regressed over 45% and reached the 100 day EMA mark, highlighting the profit booking. Moreover, the trend is favoring the bear army and the token will continue to erode gains ahead.

Tæknileg stig

Stuðningsstig: $ 0.000004800 og $ 0.000004600

Viðnámstig: $ 0.000005170 og $ 0.000005320

Afneitun ábyrgðar

Skoðanir og skoðanir sem höfundur eða einhver annar einstaklingur sem nefndur er í þessari grein hefur að geyma eru eingöngu til upplýsinga og fela ekki í sér fjármála-, fjárfestingar- eða önnur ráðgjöf. 

Steve Anderson er ástralskur dulritunaráhugamaður. Hann er sérfræðingur í stjórnun og viðskiptum í yfir 5 ár. Steve hefur starfað sem dulritunaraðili, hann elskar að læra um valddreifingu, skilja raunverulega möguleika blockchain.