Markets· ★★· bearish·

PEPE Falls 5.61% to $0.0000042 as Volume Runs 63% Above Average

  • —PEPE trades at $0.0000042, down 5.61% on the day
  • —Daily volume of $433.05 million is 63.46% above the 30-day average
  • —RSI at 51.3 sits in neutral territory with no clear MACD signal
  • —Price is below SMA-7 and VWAP but above SMA-90 and SMA-200
Why it matters: Above-average volume during the drop points to heavy rotation, but without derivatives data the cause of the move cannot be confirmed.
Source: DiarioBitcoin