The Wall Street Pepe token is currently trading just below the $0.00002000 level. However, price action appears to be gradually recovering, moving upward toward the recently broken support level. There are also indications that price activity may push back through this lost support. Without further ado, let’s dive into a critical examination.
Wall Street Pepe: May 2025 Overview
WEPE Value: $0.00001958
Market Capitalization: $3.83M
Circulating Supply: 200B
Total Supply: 200B
CoinMarketCap Ranking: 3304
Key Price Levels
Resistance: $0.00002000, $0.00002500, $0.00003000
Support: $0.00001750, $0.00001500, $0.00001250
Wall Street Pepe Sees a Moderate Rebound
On the daily chart, WEPE has shown an upward deflection in its price movement. This occurred off the lower limit of the Bollinger Bands. Consequently, the market moved upward for three consecutive sessions, rising toward the middle line of the Bollinger Bands (BB) indicator.
However, the current session is represented by a small red candle positioned near the middle band as well. Meanwhile, the Moving Average Convergence Divergence (MACD) lines are converging for a potential bullish crossover. Technically, this supports further upward momentum.
WEPE Bulls Are Holding Their Ground
Examining the 1-hour chart for Wall Street Pepe, we see that price action is holding at a recently established support level. The last two red candles are located just above the middle band of the Bollinger Bands, suggesting that bullish forces are maintaining support at this level.
Similarly, the MACD lines are progressing toward the equilibrium level, while the histogram bars remain pale green. This suggests that a breakout above the $0.00002000 level could be possible, potentially opening the path to higher price levels. Also, you should know that a good community is a cutting edge, and achieving growth requires discipline. Albeit, WEPE blends the two.
Growth is a discipline.
Community is the blade.
Wepe masters both. 🐸⚔️ pic.twitter.com/r5mgswgXd1
— Wall Street Pepe (@WEPEToken) May 5, 2025
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