PEPE appearsย to be consolidating before a major move.
Key Support levels: $0.0000015, $0.0000011ย
Key Resistance levels: $0.0000020
Sellers are exhausted, and bulls could take theย chance and push the price action at any minute. The resistance is at $0.0000020, and if the momentum indicators turnย positiveย tendency, then a retest of this key level appears imminent. Theย present support is at $0.0000015.
Trading Volume: The volume remains flat and shows a lack of interest, but this could change soon.
RSI: The 12h RSI appears ready to curve up and move higher. If so, itย canย potentially break over 50 points to set a higher high.
MACD: The 12h MACD is bearish, but the histogram is making higher bottomย Line. Another push from bulls could turnย it positiveย tendency, and then a rally could follow.
Bias
The bias for PEPE is neutral, but bulls could soon take over the price action.
Short-Term Prediction for PEPE Price
This consolidation under theย mainย resistance is ย positiveย tendency. Sellers had numerous opportunities to take PEPE lower but failed. Asย aย result, a test of theย mainย resistance at $0.0000020 seems more likely now.
