PEPE price reaches $0.00001621 per piece, up 3.05% on the day

Pepe price quotes today, PEPE latest price breakthrough to $ 0.00001621, up 3.05%, trading volume $ 1.595 billion 

After analyzing the k-chart it now belongs to the oscillator trend compared to 15:00 more sharply up, than 08:00 some recovery, than 11:00 some decline. When prices rise and trading volume falls, it usually means that the market's upward momentum is weakening and the number of buyers is decreasing.
This volume-price divergence is usually due to a lack of selling. In this case, prices may retrace or move sideways in the future. Due to the lack of volume support, price rises are unsustainable and one needs to be wary of the risk of a pullback from higher levels. Investors should watch for volume to match the price rise and for new buying to enter the market.
In an oscillator trend, trading volume decreases and price rises. The Williams indicator shows that the market is now classified as not overbought or oversold. The volume of trades has decreased recently, the volume of trades is lower than in the previous hours, the price is rising and the volume of trades is falling: the upward momentum is weakening.

As the upward momentum is weakening, it is recommended to stay on the sidelines, keep an eye on the trading volume and new buyers, and be wary of the risk of falling back from the highs.

The above is for reference only and does not constitute investment advice.