The Pepe Price Jumps 3%, But Analysts Say Pepe Unchained Has Massive Growth Potential
The Pepe price pumped 3% in the last 24 hours to trade at $0.000008293 as of 8:10 a.m. EST as investors accumulate the meme coin. Despite this recent gain, the crypto is still more than 7% in the red on the monthly time frame. The Pepe Price Stuck In A Sideways Channel 4-hour chart for PEPE/USD (Source: GeckoTerminal ) The Pepe price has been in a consolidation zone between $0.000007135 and $0.000008911 for the past few days. This period of sideways trading could be the build up to a strong move. Should traders decide to push PEPE up in the coming couple of days, the meme coin might attempt to flip the resistance level at $0.000008911 into support. Thereafter, the crypto could have the technical foundation needed to rise to as high as $0.000011795 in the short term if traders decide to not take profit. However, this bullish thesis could be invalidated if the Pepe price falls below the immediate support level at $0.000007135. In this alternative scenario, the meme coin could be...