The Rise and Fall of Meme Crypto PEPE: A Price Analysis
TL;DR Summary
PEPE's price has crashed by 70% since its market capitalization passed $1 billion in early May. The next key support level for the meme coin is at $0.0000011, while the current resistance is at $0.0000020. The bias for PEPE is bearish, with sellers dominating the market in the past few days. The daily RSI fell under 50 points, and there is no sign of a reversal yet. If buyers become interested at the key support level, PEPE could bounce off that level to test the key resistance at $0.0000020.
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