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Showing posts with the label moving average

Ethereum Pulls Back To 20DMA After $2,700 Rejection: Testing Strength At Key Support

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Pepe Price Prediction: PEPE Pumps 5%, But Investors Rush To Buy This Layer-2 Meme Coin For Parabolic Gains

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The Pepe price surged 5% in the last 24 hours to trade at $0.000007768 as of 00:47 a.m. EST on trading volume that skyrocketed 23% to $684 million. This comes as the meme coin space rebounded in the last 24 hours with a 5% surge to hit a $38 billion market capitalization. Pepe Price Bulls Aiming For A Breakout The Pepe price has been trading within a range in the last two weeks as PEPE went into consolidation between the $0.000008665 resistance and the $0.000007212 support, according to data from GeckoTerminal . PEPE has now crossed above the 50-day Simple Moving Average (SMA), which could be an indication that the price of Pepe is moving towards an uptrend. If this move is completed, PEPE could overcome the 200-day SMA, which now acts as the immediate resistance at $0.000009726. The Relative Strength Index (RSI) is also trading up above the 50-midline level as it hurtles towards the overbought region, a confirmation that the asset is under buying pressure. Moreover, the Moving ...