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<\/a> Pepe Coin Prediction: The frog-themed memecoin Pepe showed a remarkable performance in the second week of August. From the $0.00000105 mark, the coin price reached a high of $0.00000147 and recovered the losses witnessed in late July to early August. In this one-week rally, the PEPE price<\/a> surged 30% and retested the $0.00000145 resistance. This barrier triggered a minor pullback sparking an opportunity to buy the dip.<\/span><\/p>\n <\/p>\n Also Read: 27 Into $1,000,000! With Pepe Riding High, Is MillionaireGame ($MG) Ready To Soar?<\/a><\/p>\n The Pepe coin recovery rally faced a strong surge in supply pressure at the $0.00000147 mark, evident by the high-wick rejection candle on August 14th. The resulting pullback plunged 17% and hit local support and retraced to $0.00000122 support.<\/span><\/p>\n The aforementioned support aligned with 61.8% Fibonacci retracement level<\/a>, creates a high area of interest. Despite a 3% intraday loss, the PEPE price shows a lower price rejection at $0.00000122, indicating the buyers accumulating at lower prices.<\/span><\/p>\n<\/blockquote>\n If the coin price shows sustainability at the aforementioned support, the Pepecoin will likely surge 18.2%, to rechange the $0.00000145 barrier.<\/span><\/p>\n A breakout above this barrier will give a better signal for uptrend continuation.<\/span><\/p>\n <\/p>\n If the market sentiment remains uncertain, the Pepe price may waver above the $0.00000122 support. The buyer\u2019s inability to rebound will reflect a weakness in bullish momentum. If the prices break below the bottom support, the coin holders will also lose 50% FIB level hinting at an extended correction to $0.00000114.<\/span><\/p>\n \n Share this article on:<\/p>\n –><\/p>\n From the past 5 years I am working in Journalism. I follow the Blockchain & 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 The presented content may include the personal opinion of the author and is subject to market condition. 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
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\n <\/a>\n <\/div>\n<\/p><\/div>\n<\/p><\/div>\nPepe Coin Daily Chart: Key Points<\/b><\/h2>\n
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![\"Pepe](\"https:\/\/s3.tradingview.com\/snapshots\/b\/blCKn3Mn.png\")
Source- Tradingview<\/span><\/p>\n\n
Pepe Coin Price Poised for Extended Correction?<\/b><\/h2>\n
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