PEPE Gains 7% On Team Updates and Partnerships
Release: 2023/11/20 18:29 Reading: 696
- Pepe trading volume surged 88% in the past 24 hours.
- 9-day EMA below the trading price at $0.000001186; RSI at 56.
Pepe, the mysterious memecoin, has experienced a 7% surge in the last twenty-four hours, coupled with a remarkable 88% increase in trading volume. This upturn seems to have been triggered by substantial advancements within the community.
A recent tweet from the Pepe team announced a forthcoming transfer of 418 billion PEPE tokens, valued at $506K, from their wallet to Binance Earn. These tokens are earmarked for various upcoming campaigns, promising rewards for Binance users in the months ahead. It marked as an exciting step forward for the community.
418B $PEPE tokens are about to be transferred from the team wallet. These tokens are being sent to @binance Earn and will be rewarded to Binance users through various campaigns over the coming months that we are excited to share with you!
— Pepe (@pepecoineth) November 20, 2023
Adding to the fervor, Ledger, a renowned software company specializing in cryptocurrency security and infrastructure, has unveiled plans for a limited edition Pepe Ledger. This announcement, tied to batzdu, a member of the PEPE memecoin community, has captivated the faithful.
Amidst these updates, a recent analysis of PEPE’s price movements paints a nuanced picture. Trading at $0.000001199, the 9-day exponential moving average (EMA) presently trails just below $0.000001186. The daily relative strength index (RSI) stands at a neutral 56, indicative of a balanced market condition. Notably, it surged 80% in the past 30 days.
However, in the future, breaking the $0.000001329 threshold could potentially lead to a challenge of the $0.000001496 resistance level. Conversely, a drop below $0.000001044 might trigger an attempt to test the $0.000000067 support level.
As the community navigates through these price fluctuations, they eagerly anticipate the unfolding developments. They are curious to see how these recent advancements will impact the coin's path in the world of cryptocurrency.
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