Pepe coin is displaying potential signs of resurgence, after a tumultuous period characterized by an over 80% drop in value and scandals involving insider trading and scams linked to its founder. Technical indicators across different time frames hint at a possible bullish momentum for the cryptocurrency.
Technical Analysis: Both RSI and MACD Indicate Bullish Momentum
Related Posts
Daily Time FrameOn the daily chart, both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) are displaying bullish divergence. Such patterns typically indicate a potential reversal in price trends.
RSI Divergence, Source:
Source: blockchain.news
