PEPE Falls 5.94% to $0.0000038 as Volume Runs 64% Below Average
- —Price at $0.0000038, down 5.94% from the prior close of $0.0000040
- —Daily volume $116.4 million versus a 30-day average of $321.5 million
- —RSI at 44.8, bearish MACD, price below 7-, 15- and 30-day SMAs
- —Up 5.21% over 30 days and 34.15% over 90 days, but down 43.1% over the year
Why it matters: Thinning volume and a break below short-term averages raise the risk of further downside; a recovery above $0.0000040–0.0000042 on rising volume would be needed to reverse it.
Source: DiarioBitcoin