Wall Street Pepe Price Makes Steady Progress - learn2trade
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Wall Street Pepe Price Prediction for August 12: WEPE Makes Steady Progress

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Azeez Mustapha

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The Wall Street Pepe market has been making steady progress recently. Consequently, price action has come under bullish forces, which have kept gains intact despite being moderate. Nevertheless, it seems more gains could still be gathered in this market.

Wall Street Pepe: August 12 Statistics 

WEPE Value: $0.00008632

Market Capitalization: $16.92M

Circulating Supply: 154.11B

Total Supply: 200B

CoinMarketCap Ranking: 955

Key Price Levels

Resistance: $0.0001000, $0.0001200, $0.0001400

Support: $0.00008500, $0.00008000, $0.00007500

Wall Street Pepe Price Prediction for August 12: WEPE Makes Steady Progress

WEPE Bulls Make Steady Progress Past Key Levels

As earlier stated, the Wall Street Pepe token has continued to register gains. On the 4-hour chart, a moderate upward rebound has been observed over the past two sessions. The last price candle can be seen moving past the middle limit of the Bollinger Bands (BB) indicator, which is a key technical level. Likewise, the BB indicator itself has taken on an upward-sloping trajectory.

The Stochastic Relative Strength Index (SRSI) indicator lines continue to resist impending crossovers, and the %K line of the indicator has taken on a renewed upward bearing. Consequently, this supports the expectation that price action may advance further.

Wall Street Pepe Price Prediction for August 12: WEPE Makes Steady Progress

Wall Street Pepe Bullish Stance Holds Strong Against Barriers

On the WEPE hourly price chart, price action has reached the upper limit of the BB indicator. Furthermore, the extreme limits of the BB indicator are adopting a steeper upward slope, as price action continues pressing against them.

Meanwhile, the SRSI indicator lines have reached the 100 level, where they are now merged and moving sideways. Technically, this suggests that buyers are maintaining pressure, which could lead to further price increases in this market. Therefore, targeting $0.00009500 may be worth considering. Also, 5,000 NFTs. 14 days. A free mint—powered by the culture.

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