Why Pepe? Price increases with Golden Cross as trade expects the stable crypto market
Pepe
The popular frog-themed memecoin, is a higher charge as the signs of prevention of global tensions move a wave of careful optimization in crypto markets.
Token climbed 3.7% in the last 24 hours, rising to $ 0.00000967.
The rally arrived while United States President Donald Trump said he did not consider the expansion of the July 9 deadline for his reward tariffs to be effective. US and India officials have said in a new trade agreement, as tensions between Iran and Israel are cooled, allowing investors to return to economic foundations.
Pepe’s price points in a series of higher lows, at $ 0.00000920, $ 0.00000927, and $ 0.00000948, suggesting stable upward pressure, according to CoinDesk Research’s technical review data model.
The resistance was approximately $ 0.00000963, a level Pepe briefly pierced earlier in the session. The amount of trade spiked during the breakout, a signal that consumers are serious about pushing higher.
Pepe is also formed by a Golden Cross pattern, where the 50-day move of the average crosses above the 200-day average. The pattern is often associated with the potential for the main rallies, although it is a lagging indicator.
Denial: Parts of this article were formed with assistance from AI tools and our editorial team reviewed to ensure accuracy and compliance with our standards. For more information, see CoinDesk’s entire AI policy.
