PEPE’s weekend prediction – Why THIS level will dictate memecoin’s price action

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PEPE’s weekend prediction – Why THIS level will dictate memecoin’s price action
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PEPE has lost almost 20% of its value in the last 3 days. This is significant, but it is also a sign of something major. What's next now?

has seen significant volatility recently. In fact, its price has dipped by approximately 18.2% in the last 3 days alone, bringing it closer to the critical support level of $0.000009022. This, following a period of consolidation that ended on 30 July.over the last few days has been on a visible decline. This, contrary to the period of sideways movement that preceded it. This observation is critical as PEPE seemed to break down from its consolidation phase a few days ago.

At press time, there seemed to be an increase in outflows, correlating with the aforementioned price fall on the charts. This can be interpreted as a sign that more investors are selling off their holdings, most probably due to the fear of further dips.Additionally, AMBCrypto further analyzed the in/out of the money data from IntoTheBlock.

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