Pepe’s currency price (PEPEUSD) rose in the intraday levels, amid the dominance of the downward correctional trend in the short term, with negative pressure due to trading below the 50-day SMA, as the price tries to recoup some recent losses, as it also tries to vent off oversold saturation in the RSI. 

 

Therefore we expect the price to return lower, targeting the support of $0.000007718 holds on, provided the resistance of $0.000017223 holds on.

 

Trend forecast for today: Bearish