PEPE's Price Sparks Potential Price Rally Following Bullish Breakout Signal
PEPE’s Bullish Flag Breakout Notably, PEPE ’s price has exhibited three lower lows since May 17, while the Relative Strength Index (RSI) has shown higher lows. This disparity, also known as forming bullish divergence, has historically indicated a potential upward momentum for the underlying asset. In the case of PEPE , this technical formation could potentially trigger a notable 20-30% rally in its price. advertisement Read More: Expert Forecasts Epic Bitcoin Breakout, Will BTC Price Soar or Plummet Next Week? PEPE Coin Price Action While the market sentiment toward memecoins remains partially bullish, it’s worth noting that there is a lingering possibility of Bitcoin (BTC) experiencing a price crash to $25,000. If a drop in the price of Bitcoin sets off a selling frenzy, other cryptocurrencies, like PEPE , may follow suit. However, meme lovers and loyalists continue to actively participate in the market, fueling the overall enthusi...