{"id":121479,"date":"2023-07-12T17:31:04","date_gmt":"2023-07-12T17:31:04","guid":{"rendered":"https:\/\/dripp.zone\/news\/a-25-rally-in-sight-as-bulls-retake-key-resistance-crypto-news\/"},"modified":"2023-07-12T17:31:06","modified_gmt":"2023-07-12T17:31:06","slug":"a-25-rally-in-sight-as-bulls-retake-key-resistance-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/a-25-rally-in-sight-as-bulls-retake-key-resistance-crypto-news\/","title":{"rendered":"A 25% Rally in Sight as Bulls Retake Key Resistance\n &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"post-154103\">\n<p><!--\n     \n\n<div class=\"marketThumbs\">\n             <noscript><img loading=\"lazy\" width=\"1200\" height=\"681\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/07\/12225517\/Gj1hCiuR-e1689182731650.png\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Pepecoin Price Analysis\" decoding=\"async\" srcset=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/07\/12225517\/Gj1hCiuR-e1689182731650.png 1200w, https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/07\/12225517\/Gj1hCiuR-e1689182731650-300x170.png 300w, https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/07\/12225517\/Gj1hCiuR-e1689182731650-768x436.png 768w, https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/07\/12225517\/Gj1hCiuR-e1689182731650-150x85.png 150w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/noscript><\/div>\n\n\n--><\/p>\n<p class=\"MarketsUp f-14 d-block\">Published 6 minutes ago  <\/p>\n<div class=\"Atcs\">\n<p><span style=\"font-weight: 400;\">Pepepcoin Price Analysis: In the midst of a challenging market environment, the Frog-themed meme coin PEPE experienced a significant correction phase, driven by a downsloping trendline.  Over the course of one week, the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/price\/pepe-coin\/\">Pepecoin price<\/a> plummeted by 24.5%, dropping from $0.0000019 to $0.00000143 support.  However, recent positive movements in leading cryptocurrencies like Bitcoin and Ethereum have provided a much-needed boost for buyers.  With a successful breach of the overhead trendline, this memecoin is likely to resume a bullish rally.<\/span><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<p>Also Read: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/markets\/pepecoin-price-analysis-will-pepe-price-surpass-0-000002-in-july\/\">Pepecoin Price Analysis: Will $PEPE Price Surpass $0.000002 in July?<\/a><\/p>\n<h2><b>Pepecoin Price Daily Chart <\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The Pepecoin correction phase above 50% Fibonacci retracement support indicates the overall trend is bullish.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Trendline breakout offers buyers an opportunity with a bullish upswing of 25%<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The 24-hour trading volume in the Pepecoin coin is $114.5 Million, indicating a 56% gain.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Pepecoin Price Analysis\" width=\"1946\" height=\"1104\" data-lazy-src=\"https:\/\/s3.tradingview.com\/snapshots\/g\/Gj1hCiuR.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"https:\/\/s3.tradingview.com\/snapshots\/g\/Gj1hCiuR.png\" alt=\"Pepecoin Price Analysis\" width=\"1946\" height=\"1104\"\/><\/noscript>Source-Tradingview<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The recent uptick in <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/glossary\/bitcoin\/\">Bitcoin<\/a> and Ethereum has had a positive impact on PEPE&#8217;s price movement.  The coin has successfully broken out from the downsloping resistance trendline, marking a potential end to the correction phase.<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400;\">As of press time, the PEPE price trades at $0.00000152 with an intraday gain of 0.66%.<\/span><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400;\">However, the 4-hour time frame chart shows that the PEPE price is undergoing a retest of the breached trendline to validate its sustainability.  This retest is a crucial step in confirming the strength of the bullish momentum.  If the uptrend persists, PEPE&#8217;s price could rise by 25.14%, presenting an opportunity to rechallenge the $0.0000019 level.<\/span><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<h2><b>Will Pepecoin Coin Revist the 0.00000139 Mark?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">If the retest phase plunges below the trendline and breaks the 200 EMA slope, the bullish thesis will get invalidated.  This breakdown could prolong the prior correction and push the price to $0.00000139, aligned with the 50%. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/glossary\/fibonacci-retracement\/\">Fibonacci retracement levels<\/a>,<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Exponential Moving Average: <\/b><span style=\"font-weight: 400;\">The 50s and 200s <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/education\/exponential-moving-average-how-to-leverage-it-in-crypto-market\/\">EMA slope<\/a> creating a range structure and a breakout from either of them will offer an additional confirmation to the respective ends.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>RSI: <\/b><span style=\"font-weight: 400;\">The 4-hour <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/glossary\/rsi-relative-strength-index\/\">rsi slope<\/a> yet to cross 50% indicates a lack of bullish momentum.<\/span><\/li>\n<\/ul><\/div>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA154103\">\n<div class=\"authorBox\">\n<div class=\"author_Name\">\n<!--\n                                      \n\n<div class=\"getAuthoname\">\n                                          \n                                                                                 \n                                       <\/div>\n\n \n--><\/p>\n<p>From the past 5 years I am working in Journalism.  I follow the Blockchain &#038; Cryptocurrency from last 3 years.  I have written on a variety of different topics including fashion, beauty, entertainment, and finance.  Reach out to me at brian(at)coingape.com                         <\/p>\n<\/p><\/div>\n<div class=\"author_Image\">\n                                             <img loading=\"lazy\" alt=\"\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" data-lazy-srcset=\"https:\/\/secure.gravatar.com\/avatar\/97819e56237550ccb85011dd23b241ea?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" data-lazy-src=\"https:\/\/secure.gravatar.com\/avatar\/97819e56237550ccb85011dd23b241ea?s=200&#038;d=mm&#038;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/97819e56237550ccb85011dd23b241ea?s=200&#038;d=mm&#038;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/97819e56237550ccb85011dd23b241ea?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript>                                       <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD154103\">\n<p>    The content presented may include the personal opinion of the author and is subject to market conditions.  Do your market research before investing in cryptocurrencies.  The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n<p>     <!--           <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/category\/price-analysis\/\" class=\"closeArticle2 close-btn\">Close Story<\/a>--><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Published 6 minutes ago Pepepcoin Price Analysis: In the midst of a challenging market environment, the Frog-themed meme coin PEPE experienced a significant correction phase, driven by a downsloping trendline. Over the course of one week, the Pepecoin price plummeted by 24.5%, dropping from $0.0000019 to $0.00000143 support. However, recent positive movements in leading cryptocurrencies [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":121480,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[192,29,198,194,195,199,196,193,197,200],"class_list":["post-121479","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-blockchain-business","tag-business","tag-coins","tag-crypto-business","tag-cryptocurrency-business","tag-fiat","tag-metaverse-business","tag-nft-business","tag-token","tag-token-business"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/121479","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=121479"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/121479\/revisions"}],"predecessor-version":[{"id":121481,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/121479\/revisions\/121481"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/121480"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=121479"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=121479"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=121479"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}