Today's cryptocurrency market sees a sharp rise in Pepe (PEPE), reaching a new high thanks to its latest Robinhood listing.
PEPE Listed on Robinhood
The recent announcement by Robinhood Crypto Exchange, which included four new cryptocurrencies, including Pepe (PEPE), on its platform, has sparked significant interest in PEPE. Alongside Pepe, Solana (SOL), Cardano (ADA), and XRP (XRP) were added, bringing the total number of available cryptocurrencies to 19.
Market Activity Analysis
The price chart shows a strong bullish trend for PEPE. Breaking out of a descending triangle on November 7 at $0.00001070, PEPE rose to $0.00001459 before pulling back to the support level at $0.00001275. Today's listing news sent PEPE surging to $0.00001999.
Future Prospects of PEPE
At its current level around $0.000018, PEPE may retest its previous high before further upward movement. Holding this level may push PEPE towards its upper trendline on the chart, which would signify nearly a 100% gain. Technical indicators like RSI suggest strong bullish momentum.
PEPE's listing on Robinhood has heightened investor interest and confirmed further growth prospects for the memecoin.
