Lokesh Gupta
20-03-2024
#Pepe coin is currently trading within a Falling channel pattern on the 4-hour chart.
PEPE price has declined by 46% from its 2024 peak, reaching $0.000005800 and falling below the 20-day SMA.
After panic selling, PEPE found support around $0.000006, aligning with the 50% Fibonacci level.
PEPE struggles to surpass the 38.20% Fibonacci level on its daily chart.
The PEPE price's daily chart indicates a short-term squeeze, with Bollinger bands converging and volume significantly decreasing.
Bulls need to regain momentum for PEPE's price to break through initial resistance at $0.000008.
As per Coingabbar Price prediction, Further negative trends could drive PEPE towards $0.000005 support, with potential risk of dropping to $0.000004.
KEY LEVELS :
RESISTANCE LEVEL : $0.000008200-$0.000009500
SUPPORT LEVEL : $0.000005900-$0.000004900
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.
Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.
Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.
Owned by:-
DCG Tech FZCO, UAE
Delivery Partner:-
Gabbar MediaTech Pvt Ltd.
Copyright © 2025 Coin Gabbar. All Rights Reserved.
