DO NOT BUY PEPE NOW: POSSIBLE RISKS
PEPE recently updated its ATH. More than 80% of rising for two last weeks. Coin's capitalization is already over $4.33 billions
It is quite possible the coin price may continue its rising. However do not hurry up with buying the coin as the situation can be dangerous if RSI goes under 70
Higher highs on price and lower highs on Relative Strength Index would mean the bearish divergence that may cause the price drop. Previous high on RSI exceed 93 points and it would be not that easy for the price to rise that fast so RSI could beat the previous local high
I still think that PEPE's price would depend on BTC price movement as usual. Remember that DOGE and SHIBA dropped with BTC price dropdown and PEPE may repeat the history of previous hot meme coins
Trade smart
It is quite possible the coin price may continue its rising. However do not hurry up with buying the coin as the situation can be dangerous if RSI goes under 70
Higher highs on price and lower highs on Relative Strength Index would mean the bearish divergence that may cause the price drop. Previous high on RSI exceed 93 points and it would be not that easy for the price to rise that fast so RSI could beat the previous local high
I still think that PEPE's price would depend on BTC price movement as usual. Remember that DOGE and SHIBA dropped with BTC price dropdown and PEPE may repeat the history of previous hot meme coins
Trade smart
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