🚨 PEPE PRICE COLLAPSE IMMINENT? Market Momentum Crashes as Key Support Levels Are at Risk! 🚨
PEPE’s recent price action is raising alarm bells, as the once-strong momentum fades, leading to a sharp 10% decline in just 24 hours. Technical indicators are flashing warning signs, suggesting the meme coin could face further trouble ahead.
PEPE ADX Shows the Momentum Is Crumbling
PEPE’s ADX (Average Directional Index) has plunged to 17.89, a massive drop from its high of 58.52 on September 30. This steep decline indicates that PEPE is losing its directional force, leaving the market vulnerable to sideways trading or potential breakdowns. An ADX below 20 means the market lacks strength, raising fears of a prolonged period of stagnation or volatility.
MVRV Ratio Turns Negative: Investors in Red
PEPE’s 1D MVRV Ratio is now sitting at -3.12%, a clear sign that most recent investors are holding PEPE at a loss. The rapid shift from 4.17% to -3.12% in just 24 hours indicates that many traders have moved from profit to loss in record time. This could signal a massive sell-off is on the horizon, as panicked investors look to cut their losses.
PEPE Price Prediction: A Risky Path Ahead
The EMA (Exponential Moving Average) lines remain neutral, with no clear direction. However, the recent downward slope suggests the bullish momentum is fizzling out, and PEPE could soon test critical support at $0.00000835. Should this level fail, the next stop could be $0.00000776, marking a significant price drop.
With uncertainty gripping the market, traders are bracing for the next big move—will it be a rebound or a freefall?
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