PEPE Price Rises on Golden Cross as Trade Hopes Steady Crypto Market
2025-07-02 16:03:31
Main Idea
PEPE's price shows steady upward momentum, forming a golden cross pattern and briefly breaking through a resistance level, amid positive market sentiment influenced by U.S. political developments.
Key Points
1. PEPE's price rose 3.7% in 24 hours, reaching $0.00000967, with technical analysis indicating steady upward pressure.
2. The cryptocurrency formed higher lows at $0.00000920, $0.00000927, and $0.00000948, suggesting bullish momentum.
3. Resistance was noted at $0.00000963, a level PEPE briefly surpassed during the trading session.
4. A golden cross pattern emerged as the 50-day moving average crossed above the 200-day moving average, a bullish signal.
5. Trading volume spiked during the breakout, indicating strong buyer interest in pushing the price higher.
Description
PEPE (PEPE), the popular frog-themed memecoin, is charging higher as signs of easing global tensions stir a wave of cautious optimism across crypto markets. The token climbed 3.7% in the last 24 hours, rising to $0.00000967. The rally comes as U.S. President Donald Trump said he isn’t considering extending the looming July 9 deadline for his reciprocal tariffs to go into effect. U.S. and Indian officials hinted at a new trade agreement, while tensions between Iran and Israel have cooled, allowin...
Latest News
- Asia Morning Briefing: SOL up 4% as Analysts Say Staking ETF (SSK) Has Strong Launch2025-07-04 05:50:53
- BONK Surges 10% as Tuttle Capital Sets July 16 as Earliest Launch Date for Its 2X Leveraged ETF2025-07-04 05:50:03
- SEC Halts Grayscale Large Cap Fund Approval for 'Review'2025-07-04 05:50:02
- The Protocol: Ethereum’s Vitalik Buterin Says the Ecosystem Is At Risk If Decentralization Is Just a Catchphrase2025-07-04 05:49:51
- Ripple Applies for Federal Bank Trust Charter, XRP Jumps 3%2025-07-04 05:49:41