Investors Analyze PEPE and KAS Coin Price Predictions

Investors Analyze PEPE and KAS Coin Price Predictions

Bitcoin has reached a price of $64,100, while altcoins are experiencing a decline. Trading volumes have decreased over the weekend. Does this scenario present a buying opportunity for altcoins that performed exceptionally during bullish periods? Let's explore the current price predictions and charts for PEPE and KAS Coin.

PEPE Price Prediction

Over the weekend, trading bots were active on exchanges as investors prepared for the new week. This activity led to a significant drop in volumes. Bitcoin remained relatively stable, and the upcoming release of PCE and US GDP data could negatively impact risk markets, resulting in substantial losses for cryptocurrencies.

PEPE Coin has faced substantial losses alongside other cryptocurrencies. The probability of a bearish scenario increased after its all-time high. A weak bounce from $0.000010 suggests its potential for a recovery. If it surpasses the downtrend line and moving averages, it could reach $0.000014 and $0.000016.

Alternatively, closing below the support level could lead to a drop to $0.000010 and $0.000008. The Relative Strength Index (RSI) is below the neutral zone on the four-hour chart, and the Exponential Moving Average (EMA20) has flattened. Breaking the uptrend line could result in a decline to $0.000009.

Kaspa (KAS) Coin Predictions

On June 18, KAS Coin rebounded from the 50-day Simple Moving Average (SMA), indicating active buyers at lower levels. The bounce at $0.14 enabled it to surpass the EMA 20 level of $0.15. If buyers maintain momentum and close above the downtrend line, the correction could end. This could lead to a test of the primary resistance at $0.19.

In a bearish scenario, breaking and closing below the 50-day SMA could trigger rapid losses to $0.1. The four-hour chart highlights targets of $0.16 and $0.18, but closing below $0.14 poses a risk of a drop to $0.13.

As the day draws to a close, altcoins may experience volatility due to increased Bitcoin volatility. These levels should be evaluated with a 50% probability in either direction, and investors should make their decisions based on their own research.