Menu

Categories:

Hot right now:

Follow on:

Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Menu

Categories:

Hot right now:

Follow on:

Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

PEPE Coin Gains Momentum, Eyes Continued Growth

Share This Post

Despite the current downturn of the crypto market, PEPE coin has been one of the tokens that is still holding strong as its price is still trading above the 100-day Simple Moving Average (SMA) and the trendline.

The token whose total liquidity is valued at over $38 million and a 24-hour trading volume of over $4.9 million once dropped below the moving average, touched the trendline, and is currently trending above the moving average once again.

As of the time of writing, PEPE is still trending above both the 100-day SMA and the trendline. The price is currently trading at $0.00000872, indicating about 3.57% increase in the last 24 hours.

Technical Indicators Reveal Signs Of Continued Upward Movement For PEPE

4-hour RSI Indicator: Looking at the Relative Strength Index (RSI) indicator from the 4-hour timeframe, it can be observed that the RSI line is trending above the 50 level. This indicates the price is still bullish at the moment. Also, there is a divergence between the price action and the RSI line as indicated by the red lines in the image, which suggests a future potential drop in price.

PEPE

4-hour MACD: Looking at the formation of the MACD indicator from the 4-hour timeframe in the above image, we can also see that both the MACD line and the signal line crossed above the MACD zero line suggesting a continuation of the uptrend. On the other hand, the MACD histogram is already trending above the MACD zero line, suggesting that the price of PEPE is still bullish.

4-hour Alligator: A look at the alligator indicator from the 4-hour time frame shows that the price of PEPE is trading above the alligator lines as the alligator lip and teeth are both above the alligator jaw. It can also be observed that the price dropped below the alligator line and then moved above the lines again, suggesting that the price might continue to move in the upward direction.

PEPE

Final Note

Currently, the price of PEPE is moving toward the resistance level of $0.00000916 and if it manages to break past this level, it might move further up to retest its all-time high.

On the contrary, if the price fails to break above this resistance level, it will start to move downward toward its previous support level of $0.00000756. And if it breaks below the support level, it might even move further towards the $0.00000591 support level.

PEPE

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Warren Buffett Estimates That Trump’s Trade Policies Could Lead to Nuclear Confrontation

During Berkshire Hathaway’s 2025 annual shareholder meeting, Buffett criticized the Trump administration’s America First trade policies, suggesting that tariffs could be perceived as acts

Ethereum Exchange Exodus Deepens: $380M Withdrawn As Crucial Support Level Emerges

Ethereum has recently regained bullish footing, climbing to $1,847 after dipping below $1,750 toward the end of April This rebound follows a period of volatility, with price movements fluctuating

Fact Check: Will Ripple Vs SEC End on Thursday?

The post Fact Check: Will Ripple Vs SEC End on Thursday appeared first on Coinpedia Fintech News The long-running legal battle between Ripple and the US Securities and Exchange Commission (SEC) might

Vitalik Buterin Wants to Make Ethereum as “Beautifully Simple” as Bitcoin

Ethereum co-founder Vitalik Buterin announced on May 3, 2025, a five-year plan to simplify Ethereum’s protocol, calling the Bitcoin network “beautifully simple” in his blog post “Simplifying

Michael Saylor’s $84 Billion Bitcoin Bet: How Is Strategy Doing On Its Current BTC Holdings?

Michael Saylor’s Bitcoin-first investment strategy has once again taken the spotlight after Strategy (formerly MicroStrategy) laid out an ambitious new plan to scale its BTC holdings The company

DeFi’s Unfair Advantage: How MEV and Front-Running Hurt Traders

Unfair trading practices like MEV, slippage, and front-running have long plagued decentralized exchanges, eroding both profits and the core principles of fairness David Wells suggests that traders