Pepe Crypto Rebounds From 50 day EMA!
Pepe crypto has stabilized near the 50 day Exponential moving average and bounced back to the higher side. The crypto made a breakout of a trendline resistance marking an end to its correction phase. The weekly gain stands around 15% despite the weakness in the broader market weakness.
Pepe enjoys being the 23rd cryptocurrency by market capitalization with a live market cap of $5.2 Billion. The transaction volume has jumped by over 19.47% a day to $1.04 Billion. The volume to market cap ratio is 19.53% suggesting mild volatility in the crypto.
The positive volume inflow along with the breakout points towards the continuation of the higher low pattern formation. The PEPE price may look to reclaim the upper supply of $0.000017 if the bulls successfully conquer the recent hurdle of $0.0000135
Pepe crypto has stabilized near the 50 day Exponential moving average and bounced back to the higher side. The crypto made a breakout of a trendline resistance marking an end to its correction phase. The weekly gain stands around 15% despite the weakness in the broader market weakness.
Pepe enjoys being the 23rd cryptocurrency by market capitalization with a live market cap of $5.2 Billion. The transaction volume has jumped by over 19.47% a day to $1.04 Billion. The volume to market cap ratio is 19.53% suggesting mild volatility in the crypto.
The positive volume inflow along with the breakout points towards the continuation of the higher low pattern formation. The PEPE price may look to reclaim the upper supply of $0.000017 if the bulls successfully conquer the recent hurdle of $0.0000135