The post PEPE Price Hints At A Possible Downtrend! $0.00001 Imminent Following Halving? appeared first on Coinpedia Fintech News
The memecoin industry continues to display a reduced price action in the chart as the volatility in the market is on the path to reaching its peak. With Bitcoin Halving in the coming days, will the top altcoins experience a breakout rally post-halving, igniting a memecoin rally-like situation in Q2?
After displaying a neutral trend by trading in a closed range between $0.00000080 and $0.00000200 for a brief period, the bulls gained momentum and the PEPE price recorded a jump of 521.39% in valuation before facing rejection above the support level of $0.00000590.
TradingView: PEPE/USDT
After trading sideways for a short period, the bulls regained momentum and jumped 42.45%, after which the price faced rejection at the resistance level of $0.000010. Following this, the bulls lost momentum and broke down the support level. Since then, the Pepe coin p
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