The Pepe coin price prediction saw diverging signals from the CMF and momentum, but the downtrend appeared likely to continue.
In mid-July, PEPE noted a 52% price gain in five days. This rapid resurgence left behind an imbalance on the daily chart.This influx to exchanges is likely for selling purposes. Combined with the price action, the Pepe coin price prediction has a bearish leaning. Yet, bulls have reason to be hopeful of a recovery.In mid-July, PEPE noted a 52% price gain in five days. This rapid resurgence left behind a sizeable imbalance on the daily chart, highlighted in white.
The daily RSI fell below neutral 50 to signal bearish momentum was strong. However, the CMF remained well above +0.05. To the north, the $0.000011 and $0.0000115 were the two levels with a large amount of liquidation levels.
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