The price of Pepe (PEPE) saw a 5% drop in the last 24 hours, sinking from a daily high at $0.0000074 to the nearest support level at $0.0000068.
Following the drop, Pepe saw a slight recovery to $0.0000070, although the level now seems to act as a resistance, preventing the Pepe price from moving back up.
April Pepe Coin Volatility
The recent daily drop comes after a period of growth between April 5 and April 8. During this period, the PEPE price rose from $0.0000065 to a resistance level at $0.0000080. The price rejection there then sent PEPE spiraling down back to $0.0000068.
The correction also ensured that Pepe token would continue trading in the red on a weekly chart. However, Pepe’s recent poor performance is in correlation with the rest of the market, which has been seeing shifts between bullish and bearish dominance over the past few weeks as the market grows increasingly unstable.
The increased volatility may have been caused in anticipation of Bitcoin’s u
We współpracy z: https://cryptodaily.co.uk/2024/04/pepe-price-crashes-5-while-new-dogecoin-rival-raises-1-million-in-ico
