PEPE Meme Coin Exhibits Resilience Amidst Crypto Market Decline

PEPE Meme 币在加密货币市场下滑中表现出韧性

Cryptocurrency markets have experienced a downward trajectory, yet one meme coin has remained largely unaffected: Pepe (PEPE). On May 10th, despite increased selling pressure, PEPE's price showed no signs of waning.

加密货币市场经历了下行轨迹，但一种模因币基本上没有受到影响：佩佩（PEPE）。 5月10日，尽管抛售压力加大，PEPE的价格却没有出现减弱的迹象。

Current State of PEPE Price

PEPE 价格现状

PEPE's price movement has gained significant momentum, potentially surpassing its March 14th peak. This indicates that PEPE has outperformed many altcoins. Over the past month, PEPE has surged by 134%, demonstrating its potential for further growth.

PEPE 的价格变动势头强劲，有可能超过 3 月 14 日的峰值。这表明 PEPE 的表现优于许多山寨币。过去一个月，PEPE 飙升 134%，显示出其进一步增长的潜力。

Currently, PEPE's price oscillates between $0.00581 and $0.0108, hovering around the midpoint of $0.00835. This movement is supported by bullish indicators such as the Daily Relative Strength Index (RSI) and Awesome Oscillator (AO), which exceed 50 and 0, respectively. These metrics suggest a strong uptrend and increasing momentum.

目前，PEPE的价格在0.00581美元至0.0108美元之间波动，徘徊在0.00835美元的中点附近。这一走势得到了每日相对强度指数 (RSI) 和动量震荡指标 (AO) 等看涨指标的支持，这些指标分别超过 50 和 0。这些指标表明强劲的上升趋势和不断增长的势头。

Bullish Outlook

看涨前景

Assuming the overall crypto market outlook remains favorable, PEPE's price is likely to outperform its peers. PEPE could rebound from the $0.00835 level and initiate a 25% rally towards the $0.0108 peak, indicating its strong potential for near-term appreciation.

假设整体加密货币市场前景仍然有利，PEPE 的价格可能会跑赢同行。 PEPE 可能会从 0.00835 美元的水平反弹，并向 0.0108 美元的峰值发起 25% 的反弹，表明其近期升值的强大潜力。

Invalidation of Bullish Thesis

看涨论文无效

The bullish thesis for PEPE will be invalidated if its price falls below the May 8th low of $0.00760 on a daily candlestick close. This could trigger a deeper correction and negate the positive expectations for PEPE.

如果 PEPE 的价格跌破 5 月 8 日日烛台收盘价低点 0.00760 美元，则 PEPE 的看涨论点将失效。这可能会引发更深层次的调整，并否定对 PEPE 的积极预期。

Potential Drawdown

潜在的回撤

If investors panic and sell their PEPE tokens, its price could drop by approximately 25% to $0.00581. At the time of writing, Pepe coin is trading at $0.00000847.

如果投资者恐慌并出售 PEPE 代币，其价格可能会下跌约 25% 至 0.00581 美元。截至撰写本文时，Pepe 币的交易价格为 0.00000847 美元。

The original article was first published on COINTURK NEWS: PEPE Meme Coin Shows Resilience in a Declining Crypto Market

原文首次发表于 COINTURK NEWS：PEPE Meme Coin 在加密货币市场下滑中展现弹性