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Pepe Price Prediction: After an unknown whale collected $1.5 million worth of PEPE coins, are we waiting for new news?
Baby indicators indicate the gradual return of momentum after the decline in its price in the past days, and this suggests the approach of the bullish movement of the currency, as the value of Relative Strength Index (RSI) - in violet - rose from about 40 yesterday to about 55 today, indicating the rise of buying pressure.
PEPE/USD Price Chart – Source: Tradingview At the same time, the 30-day average (orange) stopped yesterday's decline and started rising again, increasing the distance between it and the 200-day moving average (blue).
This indicates that the currency is in the growth phase, as someone warned that its trading volume reached $ 1.5 billion yesterday, and this event is related to what we talked about earlier when a trader bought almost 211 billion coin PEPE - distributed over several transactions - yesterday.
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