Pepe Coin seems to be stabilizing near the dynamic support of the 20 day exponential moving average.
Pepe Crypto trades close to $0.0000081, recording a swift intraday loss of nearly 0.45%.
The Pepe Coin trades lightly on Wednesday reporting a swift intraday loss at the time of writing. The crypto was at $0.0000081 trading close to the weekly high value. The bulls are exhibiting strength in the last few sessions as the crypto is trying to stabilize near the highs.
Moreover, the bears attempted to regain control at the highs in the third week of March. The price dropped nearly 40% for the recent swing high. However, the 20 day EMA acted as a dynamic support and prevented the further fall.
The recent sessions saw the price hovering above the 20 day EMA for most of the time indicating the short term trend still favors the buying side. The sellers seem to be failing in order to regain control over the trend.
On the higher side, the recent swing high or $0.0000099 level might act as a hurdle for the buyers. Any sustained move above the stated level may unlock price potential towards the higher side.
Pepe Crypto trades close to $0.0000081, recording a swift intraday loss of nearly 0.45%.
The Pepe Coin trades lightly on Wednesday reporting a swift intraday loss at the time of writing. The crypto was at $0.0000081 trading close to the weekly high value. The bulls are exhibiting strength in the last few sessions as the crypto is trying to stabilize near the highs.
Moreover, the bears attempted to regain control at the highs in the third week of March. The price dropped nearly 40% for the recent swing high. However, the 20 day EMA acted as a dynamic support and prevented the further fall.
The recent sessions saw the price hovering above the 20 day EMA for most of the time indicating the short term trend still favors the buying side. The sellers seem to be failing in order to regain control over the trend.
On the higher side, the recent swing high or $0.0000099 level might act as a hurdle for the buyers. Any sustained move above the stated level may unlock price potential towards the higher side.