PEPE gains 18% in a day to break out past local highs
Tech Ang PEPE ay nakakakuha ng 18% sa isang araw upang masira ang mga lokal na mataas 7 minuto ang nakalipas Balita ng Ethereum ng Bitcoin At the time of writing, PEPE traded just above its recent local high at $0.00000179. This level saw PEPE bulls rejected on 23 June. A week of retracement later, the bulls were back and forced gains of 20%. Realistic or not, here‘s PEPE’s market cap in BTCs terms The fight for memecoin market share has been heating up as another entrant dove in just a few days ago. Could this ignite further interest in PEPE and the other meme coins and drive the rally higher? Structure shifted in favor of bulls again before PEPE surged higher Pinagmulan: PEPE/USDT sa TradingView The market structure on the 6-hour shifted bearish briefly when it sank below a higher low at $0.00000145. But just two days after that, the market structure was bullish once more. The OBV also climbed higher, suggesting that genuine demand was behind the rally. The RSI showed bullish momentum as well. The 50% retracement level at $0.00000135 was almost tested before PEPEs rally. This highlighted that the 23.6% and 61.8% extension levels at $0.000002 and $0.00000233 are likely to be tested as well. Bitcoin [BTC]