Pepe Coin Price Analysis: Rare Pattern Signals 62% Rally as Open Interest Jumps $74M

coingape.com

13 min ago

Pepe Coin (PEPE) dropped by 3% on June 18 to trade at $0.0000102 as traders continued to abandon risk assets due to growing geopolitical concerns. However, if buyers were to step in now, Pepe Coin price could recover after a rare cup and handle pattern emerged, signaling that a 62% rally could be imminent. Meanwhile, the meme token’s open interest has spiked by $74 million in the last two days, highlighting growing optimism among traders.

https://coingape.com/markets/pepe-coin-price-analysis-rare-pattern-signals-62-rally-as-open-interest-jumps-74m/?utm_source=CryptoNews&utm_medium=app