PEPE Rallies Persist as Its Value Remains Constant

On Jul 2, 2023

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PEPE Consolidates As Its Value Remains Constant – July 1, 2023

Since June 23, PEPE/USD has been consolidating above the moving average lines as its value remains constant. For the past week, the cryptocurrency asset has been trading between $0.0000015000 and $0.0000017000. Doji candlesticks are present, hence the price movement has remained constant.

Pepe Price Statistics Data:
•Pepe price now – $0.000001544
•Pepe market cap – $605M
•Pepe circulating supply – 391,790,000,000,000 PEPE
•Pepe total supply – $650,861,373
•Pepe Coinmarketcap ranking – #69

Resistance Levels: $0.0000015000, $0.0000016000, $0.0000017000
Support Levels: $0.0000011000, $0.0000010000, $0.0000009000

Following the surge on June 23, the cryptocurrency asset has remained range bound. On June 23, purchasers kept the price above the moving average lines, but the positive momentum did not last. PEPE rose and encountered resistance at the $0.0000017000 high. The altcoin has retraced and found support above the current level of $0.0000015000.

The cryptocurrency has been consolidating over the past week, and traders haven’t yet managed to surpass the resistance and support levels. The motionless price movement is caused by small body indecisive candlesticks known as Doji. The candlesticks imply that buyers and sellers are split on the market’s direction.

PEPE/USD – 4 Hour Chart

PEPE is capable of additional upward rise because it is at Relative Strength Index period 14 level 58.
Meanwhile, PEPE is trading in the overbought region of the market as its value remains constant. The altcoin continued consolidation above the current support after retracing above the moving average lines.

The current uptrend will continue as long as it remains above the moving average lines. However, if the price of the cryptocurrency falls below the moving average lines, the present rally is stated to be over.

Alternatives to Pepe

The PEPE/USD rally continues as the cryptocurrency finds support above the moving average lines. When prices are above the moving average lines, they tend to rise. The cryptocurrency will climb as a result of protracted consolidation, which will eventually lead to a breakout. The cryptocurrency is anticipated to reach a high of $0.0000045000.

In a similar vein, Wall Street Memes (WSM) tokens are rising while the cryptocurrency market keeps consolidating, breaking out, and falling.The business is called First Republic Bank. It’s a modern financial organization based in San Francisco. It was only recently saved by Jamie Dimon and Jim Cramer, who described it as a very good bank.

Trades are taken at a substantial discount. The WSM project is tradable. So far, the presale has generated almost $12 million.

Wall Street Memes – Next Big Crypto