- PEPE price hits 30-day low of $0.000001208, but rebound signals potential rise.
- Increased trading activity in Pepe indicates growing investor interest.
- Positive trend imminent as buying pressure overcomes selling pressure.
Pepe’s (PEPE) decline has been most pronounced in the previous 24 hours, with the price dropping from a high of $0.000001296 to a 30-day low of $0.000001208. At the time of publication, Pepe’s price showed indications of stability, having begun to rebound marginally, hitting $0.000001234.
If the bears lose market control and the bulls retake power, Pepe’s price might continue to rise. During the downturn, Pepe’s market capitalization fell by 4.53% to $484,028,222, while its 24-hour trading volume increased by 27.57% to $93,159,727.
Notwithstanding the previous price drop, this spike suggests more significant trading activity and investor interest in Pepe. A rise in trading volume may signal that more investors are buying and selling Pepe, which may help maintain price stability and drive the price upward.
Furthermore, the fall in market capitalization during the downturn means that some investors may have sold their positions, but th…
The post Bullish Momentum Surging in PEPE: Will Bears Surrender Soon? appeared first on Coin Edition.
The post Bullish Momentum Surging in PEPE: Will Bears Surrender Soon? appeared first on Coin Edition.