Last week saw Pepper Thanks to its greatest fall, reset a 3 -month hollow after launching a sale at $ 0.00002222222. Whether he recovers from these heavy losses or not is still unknown.
The overall structure of the Pepe market seems extremely occurring on the daily graphic, although we can see an extension of the sale if the meter part continues to provide. As we can see, he rejected the level of $ 0.00,0008 with a rebound and is now calm at the time of the editorial staff.
Such a sharp rebound is generally followed by a purchase, and the appearance of things, the price will probably increase soon. If this happens, we can see a greener market in the coming days. Otherwise, the crypto can remain calm until it brings together enough momentum for an increase.
The recovery of the nearest previous summit should open the way to Bulls and at the same time, give them a little control to put pressure for days.
Breaking the decline will not only cause another crash, but could end the race increased in mid-term. But for the moment, there is still hope for the Bulls because Pepe is still in a purchase range in a long -term point of view.
Although this market seems too extensive in the short term, it should be noted that the recent sudden rejection indicates the exhaustion of the sale from a technical point of view. Consequently, a bull movement is underway.
Pepe key levels to monitor
Source: Tradingview
If the Bulls take advantage of the Surolon state, we can see a climb above the immediate level of 0.0000114. Above, there is the resistance of $ 0.0000147 with $ 0,000018. The resistance of the resistance of $ 0,000022 should point out a change of trend.
The level of $ 0.00001 holds as a support. If the price decreases below, the level of $ 0.00,0008 would be the next support to consider for drops. Below, it is $ 0.00,00065.
Key resistance levels: 0.0000114, $ 0.0000147, $ 0,000018
Key support levels: $ 0.00001, $ 0.00,0008, $ 0.00,00065
- Cash price: $ 0.00001
- Trend: lowering
- Volatility:
Disclosure: they are not negotiation or investment advice. Always do your research before buying a cryptocurrency or investing in services.
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