Pepe Price Prediction: Pepe Price Projects An Illusion

Pepe price prediction suggests the Pepe token is projecting an illusional pattern in the daily timeframe. For an accurate projection, both RSI divergence and historical price action should be considered. While the price pattern is dancing around between support and resistance levels, RSI line paints a separate picture in the market suggesting a declining demand for Pepe coin. Currently, Pepe has a market capitalization of around $669.82 Million with its price around $0.0000017 at press time. As per LunarCrush, the crypto appears to garner decent media traction with a large majority of indicators in the green zone. Further, growth in sale volumes continues to lift the scene with investors’ forecast firmly in the ‘Greed’ quadrant on Alternative (Dot) me platform. The sentiment index recorded reads a value of 56 points, with noticeable decrease over the past few days. Meanwhile, the Relative Strength Index (RSI) detaches from the spikes in cryptocurrency valuation and trends towards the supply sector. Moving ahead, strong oscillations of the Stochastic RSI brings the price further down between the range of $0.0000015 and $0.0000020.

Robert Wilson author
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