PEPE Token Climbs 3.7% Amid Easing Global Tensions
PEPE (PEPE) has increased by 3.7% in the last 24 hours, reaching $0.00000967. This rise is attributed to easing global tensions, including:
- U.S. President Donald Trump not extending the July 9 deadline for reciprocal tariffs.
- Hints of a new trade agreement between U.S. and Indian officials.
- Decreased tensions between Iran and Israel.
Technical analysis shows PEPE forming higher lows at $0.00000920, $0.00000927, and $0.00000948, indicating upward pressure. Resistance is noted around $0.00000963, which PEPE briefly surpassed with increased trading volume, signaling strong buyer interest.
Additionally, PEPE has formed a golden cross pattern with its 50-day moving average crossing above the 200-day average, often linked to potential rallies.