PEPE Just Jumped 25%. The RSI Says Be Careful With That.
Summary :
PEPE rose 24.75% on Sept. 21 to near $0.00000499, extending its seven-day gain to almost 40%.
The breakout cleared $0.00000458 and lifted PEPE above its 20, 50, 100 and 200-day moving averages.
The 4-hour RSI reached 82, deep in overbought territory, warning of a short-term pullback.
CoinGlass shows the largest liquidation clusters below the market near $0.00000355 to $0.00000370.
Analyst Crypto Patel lists $0.00001 as the first longer-term target if the higher-timeframe downtrend breaks.
https://bitnxt.io/crypto-news/pepe-price-jumps-25-percent-rsi-warning
#Bitnxt
Summary :
PEPE rose 24.75% on Sept. 21 to near $0.00000499, extending its seven-day gain to almost 40%.
The breakout cleared $0.00000458 and lifted PEPE above its 20, 50, 100 and 200-day moving averages.
The 4-hour RSI reached 82, deep in overbought territory, warning of a short-term pullback.
CoinGlass shows the largest liquidation clusters below the market near $0.00000355 to $0.00000370.
Analyst Crypto Patel lists $0.00001 as the first longer-term target if the higher-timeframe downtrend breaks.
https://bitnxt.io/crypto-news/pepe-price-jumps-25-percent-rsi-warning
#Bitnxt
