PEPE Bulls Lose Momentum, Downside Risk Grows After Failing To Hold $0.00000963

Quick Summary:

PEPE’s recent price action is raising concerns among traders, as bullish momentum appears to be fading.

After attempting to rebound, the token faced strong resistance at the $0.00000963 mark, signaling a potential shift in market sentiment.

By analyzing current market trends and technical signals, the aim is to highlight the increasing downside risks and explore whether the meme coin is set for additional declines or a potential reversal shortly.

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Article Details

Author / Journalist: Godspower Owie

Category: Crypto

Markets: Hungary

Topics: PEPEUSD Pepe SMA Relative strength index PEPEUSDT RSI PEPE Simple Moving Average

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-06 @ 06:00:16 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 473 words

Reading Time: 3 minutes read

Sentences: 38 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 22905221

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 9 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 12 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

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