Wall Street Pepe Holds Strong at High Levels - learn2trade
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Wall Street Pepe Price Prediction for July 8: WEPE Holds Strong at High Levels

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Azeez Mustapha

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The Wall Street Pepe token has experienced a notable upward recovery in recent sessions. As a result, price action in this market has remained elevated, supported by growing bullish sentiment surrounding the coin. Currently, the market appears stabilized and may soon resume its upward course. This could be an opportunity to hitch a ride on the next potential rally.

Wall Street Pepe: July 8 Overview

WEPE Value: $0.00007058

Market Capitalization: $10.77M

Circulating Supply: 154.11B

Total Supply: 200B

CoinMarketCap Ranking: 1023

Key Price Levels:

Resistance: $0.00008000, $0.00009000, $0.00010000

Support: $0.00007000, $0.00006000, $0.00005000

Wall Street Pepe Price Prediction for July 8: WEPE Holds Strong at High Levels

Wall Street Pepe Bulls Retain Support Above $0.00007000

Price activity on the WEPE 4-hour chart has been relatively flat. However, the market seems to be finding footing above this price level, as seen in the nature of recent candles. Currently, price action stands below the middle band of the Bollinger Bands (BB) indicator.

Be that as it may, the BB indicator itself is maintaining a generally sideways trajectory. Similarly, the Smoothed Rate of Change (SROC) indicator line hovers just below the equilibrium level but has shifted into a more sideways path, reflecting the market’s consolidation phase. Notably, there has been no significant downward retracement so far.

Wall Street Pepe Price Prediction for July 8: WEPE Holds Strong at High Levels

WEPE Coiling Up for a Big Price Move

While the daily (1-day) chart for Wall Street Pepe aligns with the 4-hour outlook, trading indicators are beginning to reflect a hint of optimism. The last price candle is a green one, positioned just below the middle band of the BB indicator. Meanwhile, the outer bands of the BB indicator are converging, and this tightening suggests the market is preparing for a significant price movement.

Additionally, the SROC indicator line continues on a sideways-to-upward trajectory below the equilibrium level. Consequently, it appears the market may soon resume its upward correction toward the $0.00008000 resistance level.Also, you should know that while you hesitate, the whales are quietly loading up. Institutions aren’t late—they’re just waiting to scoop up your Bitcoin.

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