PEPE🐸 Price Predictions🌟 After Whales🐋 Start Accumulating It ❗️❗️
And Its Trading Volume Reaches $2.7 Billion; Will It Outperform Dogecoin?
Despite the decline in PEPE price today, its rebound from the support level (in green) suggests that its recovery is approaching, which is confirmed by the Relative Strength Index (RSI, in purple) entering the oversold zone this morning.
However, for the price to achieve a sustainable recovery, the 30-day moving average (in orange) must fall below its 200-day counterpart (in blue) to stop declining.
However, the PEPE market is still in good shape, especially as its trading volume continues to exceed $2.5 billion, which is a huge number for a meme coin, especially since the trading volumes of Shiba Inu and Dogecoin today recorded 700,000$ and 880,000$ respectively, in a clear indication that PEPE is the most popular meme coin currently, and this supports expectations of its superiority over the aforementioned two coins.