Comprehensive News and Technical Analysis Brief:
In the last 12 hours, Pepe (PEPE) has maintained its price at $0.0000073, up by 1.32%. With a market cap of $3.07 billion, PEPE remains a top player in the meme coin sector. The 24-hour trading volume stands at approximately $411 million, reflecting ongoing interest despite broader market fluctuations(CoinMarketCap)(TradingView).
US and International News:
PEPE has garnered global attention due to its strong community backing and recent whale activity. Notably, large holders have continued accumulating the token, which has buoyed optimism among retail investors. The project’s roadmap focuses on a “meme takeover,” further driving its appeal in the meme coin space(CoinMarketCap)(MarketBeat).
Technical Analysis:
Technically, PEPE is displaying bullish indicators, trading within a bullish flag pattern. Analysts are eyeing resistance levels at $0.0000087 and a possible surge toward $0.00001 if momentum continues. However, failure to maintain support above $0.0000070 could trigger a retracement to $0.0000065(MarketBeat)(TradingView).
Current Metrics:
- Price: $0.0000073
- Market Cap: $3.07 billion
- 24h Volume: $411 million(CoinMarketCap)(CoinMarketCap).
As PEPE continues to defy bearish patterns, traders should watch for key support and resistance levels. The upcoming weeks could see increased volatility, particularly as the broader crypto market recovers.
