The popular cryptocurrency inspired by the same Pepe increased by more than 4% in the last 24 hours to exchange almost 10% in last week.
The push comes in the middle of the renewed interest in the tokens even, the Coindesk samecoin index (CDMEME) increasing by more than 11% in last week, over-performing the movement of 1.4% bitcoin. Over 24 hours, the same sector is up 2.5%, compared to 0.2% BTC.
The PEPE joined $ 0.00001013 to $ 0.000010,1074, fixing new short -term resistance almost $ 0.000010,1082, according to the Technical Analysis Data Model of Coindesk Research. Commercial activity has increased significantly, with more than 5.89 billions of pepe tokens changing the hands during the rally peak, more than double the average 24 hours.
The price of the prices shows a lower regular diagram, a signal in which buyers intervene in a coherent way at increasingly high levels. This type of structure is often interpreted as a sign of accumulation by more committed investors.
During the most active phase of the movement, the token also affected $ 0.00001081 before settling slightly lower. This quick Spike has resisted a new line of resistance while a firm support level emerged around $ 0.00001017.
These price limits, tested several times, help shape the expectations of traders as to how the room could go afterwards.
The rally was marked by strong liquidity and a sustained request. The activity has increased around several references to the brand’s reference of 0.0000001069, a level that maintains each time, strengthening its strength.
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