{"id":538474,"date":"2023-06-19T09:45:25","date_gmt":"2023-06-19T09:45:25","guid":{"rendered":"https:\/\/wncen.com\/?p=538474"},"modified":"2023-06-19T09:45:25","modified_gmt":"2023-06-19T09:45:25","slug":"pepe-sustains-steady-ascent","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/pepe-sustains-steady-ascent\/","title":{"rendered":"PEPE Sustains Steady Ascent, Fueling Speculation Of Profits"},"content":{"rendered":"<p><span style=\"font-weight: 400\">PEPE is now on the verge of a remarkable resurgence. After facing a decline in popularity, the meme coin seems to be reclaiming its former glory.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">With each passing day, this popular meme token seems to be clawing back all its losses, generating buzz among enthusiasts and observers alike. At the time of writing, PEPE\u2019s price has seen a remarkable seven-day increase of nearly 10%.<\/span><\/p>\n<p><span style=\"font-weight: 400\">But what exactly lies behind this newfound momentum? How has PEPE managed to overcome its tumultuous past and forge a path towards redemption?<\/span><\/p>\n<h2><strong>Is A Rebound In The Offing For PEPE?<\/strong><\/h2>\n<p><span style=\"font-weight: 400\">Amidst recent market fluctuations, PEPE enthusiasts have found renewed hope as the price of the iconic meme character experiences a significant surge. <\/span><\/p>\n<p><span style=\"font-weight: 400\">Recent <\/span><a href=\"https:\/\/ambcrypto.com\/pepe-extends-recent-gains-more-profits-ahead\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">price report on PEPE<\/span><\/a><span style=\"font-weight: 400\"> indicate a strong bullish reversal from the support level of $0.00000084, with buyers seizing the opportunity to maximize their investments.<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/news\/polygon-sees-surge-in-whale-buying\/\"> Polygon (MATIC) Sees Surge In Whale Buying Despite US Regulatory Pressure<\/a><\/div>\n<p><span style=\"font-weight: 400\">The surge in PEPE&#8217;s value has been further fueled by Bitcoin&#8217;s rise to the $26.5k price zone during the same period, providing additional encouragement to PEPE bulls. <\/span>As a result, investors are now speculating on the potential for further price gains in the short term.<\/p>\n<p><span style=\"font-weight: 400\">As of the latest update, <\/span><a href=\"https:\/\/www.coingecko.com\/en\/coins\/pepe\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">CoinGecko<\/span><\/a><span style=\"font-weight: 400\"> reports that PEPE&#8217;s price has climbed to $0.0000009421, reflecting a weekly rally of nearly 10%.\u00a0<\/span><\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-538475\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/06\/Pepe-2.png?resize=1141%2C64\" alt=\"\" width=\"1141\" height=\"64\" srcset=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/06\/Pepe-2.png?w=1141 1141w, https:\/\/wncen.com\/wp-content\/uploads\/2023\/06\/Pepe-2.png?w=460 460w, https:\/\/wncen.com\/wp-content\/uploads\/2023\/06\/Pepe-2.png?w=768 768w, https:\/\/wncen.com\/wp-content\/uploads\/2023\/06\/Pepe-2.png?w=860 860w, https:\/\/wncen.com\/wp-content\/uploads\/2023\/06\/Pepe-2.png?w=750 750w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/p>\n<pre style=\"text-align: center\">Source: Coingecko<\/pre>\n<h2><strong>Breaking Bearish Trends, Facing Resistance<\/strong><\/h2>\n<p><span style=\"font-weight: 400\">The recent surge in PEPE&#8217;s price has not only brought optimism to its enthusiasts but has also paved the way for a potential bullish reversal. This upward momentum has been accompanied by a breakthrough, as the meme coin managed to surpass the bearish trendline. <\/span><\/p>\n<p><span style=\"font-weight: 400\">This breakthrough highlights the presence of significant buying pressure and further strengthens the belief among PEPE bulls.<\/span><\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-538480 size-large\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/06\/pepecoin.png?resize=860%2C390\" alt=\"\" width=\"860\" height=\"390\"><\/p>\n<p>&nbsp;<\/p>\n<pre style=\"text-align: center\">PEPE price movement in the weekly timeframe. Source: <a href=\"https:\/\/coinmarketcap.com\/currencies\/pepe\/\" target=\"_blank\" rel=\"noopener nofollow\">CoinMarketCap.<\/a><\/pre>\n<p><span style=\"font-weight: 400\">However, there are still hurdles to overcome on the path to recovery. Bulls will encounter resistance at the $0.00000115 level, which marks an important threshold.<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/news\/binance-coin-holds-220-support\/?swcfpc=1\"> Binance Coin (BNB) Defies Regulatory Pressure, Holds $220 Support<\/a><\/div>\n<p><span style=\"font-weight: 400\">A successful session close above this resistance would signify a break from the lower lows associated with the bearish slide, potentially igniting even more bullish activity and increasing investor confidence.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full\" src=\"https:\/\/www.tradingview.com\/x\/V0hmPQtg\/\" width=\"2315\" height=\"1109\"><\/p>\n<pre style=\"text-align: center\">The market cap of cryptocurrencies at $1 trillion as of June 19. Chart: <a href=\"https:\/\/www.tradingview.com\/chart\/ajrdy9Lf\/\" target=\"_blank\" rel=\"noopener nofollow\">TradingView.com<\/a><\/pre>\n<p><span style=\"font-weight: 400\">On the flip side, failure to reclaim the $0.00000115 level would reintroduce sellers into the market. This would create opportunities for shorting, especially if the price remains unable to break above the resistance level. It is a critical moment for PEPE, and the outcome will determine the next phase of its journey.<\/span><\/p>\n<p><span style=\"font-weight: 400\">It&#8217;s worth noting that the fortunes of PEPE are closely tied to the performance of <\/span><a href=\"https:\/\/www.forbes.com\/sites\/digital-assets\/2023\/06\/17\/it-could-happen-very-quickly-crypto-bulls-issue-huge-10x-price-prediction-amid-wild-bitcoin-and-ethereum-price-swings\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">Bitcoin bulls<\/span><\/a><span style=\"font-weight: 400\">. As the leading cryptocurrency experiences further upside movement, investors are likely to flock to PEPE in search of short-term gains.\u00a0<\/span><\/p>\n<p><em><span style=\"font-weight: 400\">Featured image from Shutterstock<\/span><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PEPE is now on the verge of a remarkable resurgence. After facing a decline in popularity, the meme coin seems to be reclaiming its former glory.\u00a0 With each passing day, this popular meme token seems to be clawing back all its losses, generating buzz among enthusiasts and observers alike. At the time of writing, PEPE\u2019s price has seen a remarkable seven-day increase of nearly 10%. But what exactly lies behind this newfound momentum? How has PEPE managed to overcome its tumultuous past and forge a path towards redemption? Is A Rebound In The Offing For PEPE? Amidst recent market fluctuations, PEPE enthusiasts have found renewed hope as the price of the iconic meme character experiences a significant surge. Recent price report on PEPE indicate a strong bullish reversal from the support level of $0.00000084, with buyers seizing the opportunity to maximize their investments. Related Reading: Polygon (MATIC) Sees Surge In Whale Buying Despite US Regulatory Pressure The surge in PEPE&#8217;s value has been further fueled by Bitcoin&#8217;s rise to the $26.5k price zone during the same period, providing additional encouragement to PEPE bulls. As a result, investors are now speculating on the potential for further price gains in the short term. As of the latest update, CoinGecko reports that PEPE&#8217;s price has climbed to $0.0000009421, reflecting a weekly rally of nearly 10%.\u00a0 Source: Coingecko Breaking Bearish Trends, Facing Resistance The recent surge in PEPE&#8217;s price has not only brought optimism to its enthusiasts but has also paved the way for a potential bullish reversal. This upward momentum has been accompanied by a breakthrough, as the meme coin managed to surpass the bearish trendline. This breakthrough highlights the presence of significant buying pressure and further strengthens the belief among PEPE bulls. &nbsp; PEPE price movement in the weekly timeframe. Source: CoinMarketCap. However, there are still hurdles to overcome on the path to recovery. Bulls will encounter resistance at the $0.00000115 level, which marks an important threshold. Related Reading: Binance Coin (BNB) Defies Regulatory Pressure, Holds $220 Support A successful session close above this resistance would signify a break from the lower lows associated with the bearish slide, potentially igniting even more bullish activity and increasing investor confidence. The market cap of cryptocurrencies at $1 trillion as of June 19. Chart: TradingView.com On the flip side, failure to reclaim the $0.00000115 level would reintroduce sellers into the market. This would create opportunities for shorting, especially if the price remains unable to break above the resistance level. It is a critical moment for PEPE, and the outcome will determine the next phase of its journey. It&#8217;s worth noting that the fortunes of PEPE are closely tied to the performance of Bitcoin bulls. As the leading cryptocurrency experiences further upside movement, investors are likely to flock to PEPE in search of short-term gains.\u00a0 Featured image from Shutterstock<\/p>\n","protected":false},"author":557,"featured_media":538497,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[1144,8686,83767,88215,4735],"class_list":["post-538474","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-btcusd","tag-ethusd","tag-meme-coins","tag-pepe-price","tag-price-action"],"acf":[],"yoast_head":"\n<title>PEPE Sustains Steady Ascent, Fueling Speculation of Profits<\/title>\n<meta name=\"description\" content=\"PEPE is now on the verge of a remarkable resurgence. 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Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. 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But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/wncen.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"PEPE Sustains Steady Ascent, Fueling Speculation Of Profits","url":"http:\/\/wncen.com\/news\/pepe-sustains-steady-ascent\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/pepe-sustains-steady-ascent\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/06\/a-110.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/06\/a-110.png?fit=694%2C442"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["btcusd","ethusd","meme coins","pepe price","price action"],"dateCreated":"2023-06-19T09:45:25Z","datePublished":"2023-06-19T09:45:25Z","dateModified":"2023-06-19T09:45:25Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"PEPE Sustains Steady Ascent, Fueling Speculation Of Profits\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/pepe-sustains-steady-ascent\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/pepe-sustains-steady-ascent\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/06\\\/a-110.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/06\\\/a-110.png?fit=694%2C442\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"btcusd\",\"ethusd\",\"meme coins\",\"pepe price\",\"price action\"],\"dateCreated\":\"2023-06-19T09:45:25Z\",\"datePublished\":\"2023-06-19T09:45:25Z\",\"dateModified\":\"2023-06-19T09:45:25Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/06\/a-110.png?fit=694%2C442","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/538474"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=538474"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/538474\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/538497"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=538474"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=538474"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=538474"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}