PEPE Coin continues to draw attention within the meme coin market. In this article, we explore the current trends in price movements and analyze the role of major players in shaping its future value.
Does PEPE Coin Need More Than Price Action?
Recently, PEPE Coin slightly surpassed resistance at $0.00000800 to $0.00000823 but soon fell to $0.00000789. Observing support and resistance levels is crucial to anticipate future market movements.
How Liquidity Initiated The Upward Movement
Liquidity analysis revealed a potential bullish reversal and a 13-day uptrend. Increased interest might lead to a rise up to $0.00002384, a significant increase from current values.
The Role of Smart Money on PEPE
Smart money interest is evident in active purchases. The net buy volume of PEPE was $813K. These movements can push PEPE's price higher in the short term.
While the market shows positive signs for PEPE Coin, the role of smart money and internal liquidity drives the price upward, yet the potential for volatility and decline remains significant. Investors should monitor these factors closely.
