PEPE technical price analysis Nov. 4

 

Pepe (PEPE) has displayed a noteworthy resurgence, bouncing back impressively from the critical support level at 0.00000060. This resilient performance led to a series of breakthroughs, where PEPE not only surpassed the initial resistance level at 0.00000085 but also triumphed over the subsequent barrier at 0.00000106.

 

However, the journey to higher valuations encountered a temporary roadblock when the cryptocurrency reached the 0.00000136 resistance level. At this point, a natural correction in price ensued, reflecting a typical market response after a notable climb.

 

Looking ahead, the key factor to monitor for Pepe is its ability to maintain the 0.00000085 support level. Sustaining this support level could provide the necessary foundation for another upward trajectory. The cryptocurrency’s performance here will be crucial in determining its future potential.

 

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