Pepe (#PEPE) memecoin reached a record high on May 27, driven by the approval of key #Ether ETF filings in the U.S., which boosted Ethereum-based #memecoins.
Despite the surge, PEPE risks a 40% crash by June due to a bearish divergence between its rising price and falling daily RSI, indicating weak upward momentum.
The daily #RSI has entered the overbought territory, further increasing the likelihood of a price correction.
#Bitcoin❗ #BTC☀️ #CryptoNewss #LQR #ETHETFsApproved
#PEPE