Pepe Price Plunges 9%, But Funding For This New PEPE Challenger Goes Parabolic
The Pepe price plunged 9% in the last 24 hours to trade at $0.000009833 as of 06:47 a.m. EST on trading volume that soared 78% to $3.4 billion. Pepe Price Bulls Aim For A Bullish Rally The Pepe price seems to be rebounding from the sustained downtrend, as the bulls capitalized on the $0.000006550 support to push the price of Pepe, according to data from GeckoTerminal . However, the price of Pepe still trades above both the 50-day and 200-day Simple Moving Averages (SMAs), supporting the likelihood that the price of Pepe could still be on a bullish stance. If the bulls capitalize on the rounding bottom pattern and trading above the SMAs, the price of Pepe could continue soaring, as they target $0.000013. PEPEUSD Chart Analysis Source: GeckoTerminal.com Meanwhile, the Relative Strength Index seems to be retracing from the 70-overbought region as it heads down, showing that buyers are currently taking control of the price. The 50-day SMA also crosses below the 200-day SMA,...