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PEPE Coin Shows Stable 2.1% Price Increase Amid Activity

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by A1

3 hours ago


PEPE cryptocurrency demonstrated a stable 2.1% price increase, maintaining market and social media activity.

PEPE Price Chart Analysis

PEPE's market structure showed stability with a 2.1% price increase. The price closed at $0.00001780, indicating a sideways trend and consolidated near $0.00001750 after rejection from $0.00002836 in December. The moving average acted as resistance, highlighting bearish pressure. Support was visible at $0.00001500, creating a potential double-bottom pattern, signaling a possible reversal. The price might retest $0.00001500 before recovery, with resistance remaining at $0.00002836.

PEPE Spot Netflow and Market Cap Trends

PEPE's netflow and market cap trends revealed notable price volatility and capital movements. Positive netflows peaked near $120M in late November, correlating with a significant price increase. Negative netflows reached nearly -$90M in mid-November, marking a sharp decline in capital inflows. From March to July, netflows fluctuated between -$30M and $30M, with minimal price impact. In August, price increases aligned with sustained positive netflows near $60M; however, by mid-September, netflows declined, causing stagnation in price near $0.00000050.

PEPE Dominates Social Sentiment

PEPE dominated social media platforms with 21.3K posts and 3.63M interactions, ranking second in activity. DOGE led the chart with 28.5K posts and 6.94M interactions, showcasing superior engagement.

Future market actions for PEPE will depend on market sentiment and trading volumes. Interaction with key levels and capital netflows will continue to shape price dynamics.

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