Why PEPE’s price is up 12% – KEY support, RSI surge & more…
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Pepe (PEPE) has surged 12% in the last 24 hours, breaking above its recent price range while maintaining support levels. The increase is supported by rising trading volume and whale activity, with transactions exceeding $100K. The Relative Strength Index (RSI) indicates a bullish trend, although it shows signs of mild overheating. This price movement aligns with a broader trend of altcoins outperforming Bitcoin, suggesting traders are seeking higher returns. Overall, PEPE's momentum appears strong, but sustained volume is crucial for continued growth.
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