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PEPE Token Climbs 5% in One Day as Bullish Sentiment Prevails

Published 04/24/2024, 02:00 AM
Updated 04/24/2024, 02:15 AM
PEPE Token Climbs 5% in One Day as Bullish Sentiment Prevails

  • PEPE token shows strong bullish signals, with a 5.5% increase and a target price of $0.00000919.
  • The token’s market cap rose to $2.885 billion alongside a 14.62% spike in trading volume.
  • Indicators suggest bullish momentum but caution over potential overbought conditions.

Pepe’s PEPE token has experienced a bullish trend over the last 24 hours, with prices ranging between $0.00000636 and $0.00000698, according to CoinStats data. The lower end of this range has served as a support level, while the upper end has acted as resistance to the token’s price movements. As of press time, the PEPE token is trading at $0.00000682, marking a 5.5% increase from the previous day.

PEPE/USD 24-Hour Chart (Source: CoinStats)

This positive momentum has also been reflected in the token’s market capitalization, which has risen by 6.57% to reach approximately $2.885 billion. Additionally, the trading volume has seen a boost, up 14.62% in the last 24 hours, totaling $1.018 billion. This increase indicates a heightened interest and activity in trading the PEPE token.

PEPE/USD Price Action

The PEPE token is demonstrating an upward trend on the one-day chart, heading tow…

The post PEPE Token Climbs 5% in One Day as Bullish Sentiment Prevails appeared first on Coin Edition.

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