PEPE Price Prediction:- From Peaks to Valleys: Analyzing PEPE’s Price Fluctuations Over the Past Month!
PEPE is a cryptocurrency token that has been analyzed over a one-month period to understand its price movements. The analysis includes technical indicators and news sentiment to determine the reasons behind the observed trends.
Price Movements: PEPE Price Prediction
Over the past month, PEPE’s price has shown a positive trend. The current price stands at $0.000008378, reflecting a 7.92% increase over the past seven days. In the last 24 hours, the price has risen by 3.59%. The trading volume for today is $401,482,247.4.
PEPE Price Prediction along with Technical Indicators:
KDJ: The KDJ indicator has shown a bullish pattern with a Golden Cross occurring 11 times during the analyzed period. The signal accuracy for this pattern is 72.73%. Conversely, a bearish pattern of Death Cross has occurred 13 times with a signal accuracy of 30.77%.
BOLL: The BOLL indicator has exhibited a bullish pattern with the Lower Band Touch occurring 25 times. The signal accuracy for this pattern is 48%. On the other hand, a bearish pattern of Upper Band Touch has occurred 32 times with a signal accuracy of 50%.
MACD: The MACD indicator has displayed a bullish pattern with a Golden Cross occurring 27 times. The signal accuracy for this pattern is 44.44%. Additionally, a bearish pattern of Death Cross has occurred 26 times with a signal accuracy of 46.15%.
RSI: The RSI indicator has demonstrated a bullish pattern with Oversold occurring 59 times. The signal accuracy for this pattern is 55.93%. Conversely, a bearish pattern of Overbought has occurred 86 times with a signal accuracy of 50%.
News Sentiments on PEPE Price Prediction
No specific news sentiment data is provided in the current analysis. However, news sentiment can play a significant role in influencing price movements. It is essential to consider news updates, market trends, and investor sentiment to gain a comprehensive understanding of the reasons behind the observed trends.
Funding Analysis:
The funding analysis indicates that exchange Major Whale Traders have a bullish position direction, with a long/short ratio of 2.1:1. This suggests that influential traders on exchanges have a positive outlook on PEPE’s price. PEPE Price Prediction
Market Sentiment Index:
The Market Sentiment Index stands at 55, indicating a neutral sentiment. This suggests that market participants have a balanced outlook on PEPE’s price.
Capital Inflow and Outflow:
Over the past 24 hours, there has been a net outflow of 273,849,451U, indicating that more funds have been withdrawn from PEPE than deposited. This could potentially impact the price movement.
Conclusion:
Based on the technical indicators, PEPE has exhibited bullish patterns in KDJ, BOLL, MACD, and RSI indicators. However, it is crucial to consider news sentiment, market trends, and investor sentiment to understand the reasons behind the observed trends fully. The funding analysis suggests a bullish position direction among influential traders. The Market Sentiment Index indicates a neutral sentiment. The net outflow of funds in the past 24 hours may also impact the price movement. PEPE Price Prediction