PEPE Price Drop: Is a Recovery on the Horizon?

Despite a slight market recovery, meme coin PEPE dropped 6.59% in the past 24 hours, now trading at $0.000009054. Over the week, PEPE has slid 15%, though metrics hint at a potential

rebound.

Signs of a Rebound

PEPE’s trading volume surged by 48% to $773 million, with large transactions up 51%, suggesting increased whale activity. This might indicate that PEPE is nearing a “price floor.”

Could PEPE Bounce Back?

Analysts see a price floor around $0.0000086, possibly stabilizing PEPE. With its RSI at 43, selling pressure may soon ease, opening up a chance for bulls to accumulate and potentially drive

mid-term growth.

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