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Price activity in the Wall Street Pepe market has climbed significantly over an extended period of upside retracement. However, a minor pullback followed, though its impact was limited. Price action remains well-poised for further upward movement.
Wall Street Pepe: June 24 Overview
WEPE Value: $0.00004614
Market Capitalization: $6.24M
Circulating Supply: 200B
Total Supply: 200B
CoinMarketCap Ranking: 1249
Key Price Levels:
Resistance: $0.00005000, $0.00007500, $0.00010000
Support: $0.00004000, $0.00003000, $0.00002000
Wall Street Pepe Bulls Fight to Retain Key Support Level
On the WEPE 4-hour chart, price action has tested the 9-day Exponential Moving Average (EMA) line. The most recent price candle appears as a small-bodied candle positioned above the 9-day EMA curve.
Meanwhile, the Moving Average Convergence Divergence (MACD) line has formed a bullish crossover below the equilibrium level. Both MACD lines are trending upward, indicating that bullish momentum is still leading in this market. Additionally, the position of the last price candle hints that the market may continue to climb.
WEPE Lifts Off a Key Baseline
On the Wall Street Pepe 1-hour chart, the last price candle for Wall Street Pepe is green, though with a small body, showing a modest rise off the 9-day EMA line. Similarly, the MACD lead line has just crossed above the equilibrium level, supporting a bullish outlook.
However, the histogram bars are light green, suggesting a mild price increase at this stage. Therefore, traders may target a retracement to the $0.00005000 resistance level and possibly higher. Bonus sentiment check: Do you feel that? Frog senses are tingling. A mega candle may be on the way. It is worth noting that the price of the WEPE token has increased by 225.70% over the past 17 days.
You feel that?
Frog senses tingling.
Mega candle en route. 🐸⚔️ pic.twitter.com/GYGMkjZpHQ— Wall Street Pepe (@WEPEToken) June 23, 2025
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