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PEPE Price Dips After Days of Rally: Sell or HODL

Release: 2024/06/06 02:01 Reading: 428

Original author:Coingape News Media

Original source:https://coingape.com/?post_type=trending&p=200743

PEPE Price Dips After Days of Rally: Sell or HODL

Pepe Coin's Surge Halts, but Future Remains Uncertain

Pepe Coin experienced remarkable growth in May, with frequent gains. However, the surge has paused recently, resulting in a price decline over the past few days.

In March, Pepe Coin exhibited similar bullish behavior, but the rally was short-lived. This time, the surge persisted for weeks, setting an all-time high of $0.00001718.

Currently, Pepe Coin's price rests at $0.0000144 after a recent 5% drop. It has retreated 16% from its all-time high.

Is the Rally Over?

The technical indicators for Pepe Coin provide conflicting signals. While the price has declined, the 24-hour trading volume remains elevated. Normally around $800 million, it currently stands at $1.48 billion, indicating continued interest in the meme coin.

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