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The Wall Street Pepe token has resumed trading above a previously lost support level. As it stands, bulls have begun showing some activity, and it seems the market may proceed higher in the near term. Let’s examine how this may develop shortly.
Wall Street Pepe: May 2025
WEPE Value: $0.00001915
Market Capitalization: $3.83M
Circulating Supply: 200B
Total Supply: 200B
CoinMarketCap Ranking: 3304
Key Price Levels
Resistance: $0.00002000, $0.00002500, $0.00003000
Support: $0.00001900, $0.00001600, $0.00001300
Wall Street Pepe Now Trades Above the $0.00001900 Level
As noted earlier, the WEPE token has started trading above a key psychological price level. The ongoing session is represented by a moderately sized green price candle. However, trading remains below the middle band of the Bollinger Bands.
The Moving Average Convergence Divergence (MACD) lines have delivered a downward crossover below the equilibrium level. A closer examination of the market reveals that a green histogram bar has just appeared on the MACD indicator, suggesting that the market may continue moving higher.
WEPE Is Advancing, Gently Pushing Limits
An examination of the Wall Street Pepe market on the 1-hour chart shows that price action has continued upward within a short period. The latest price candle is green and stands just below the upper limit of the Bollinger Bands, with no signs of a sudden reversal.
This suggests that price activity is currently avoiding a downward rebound.
The MACD lines are still below the equilibrium level but maintain an upward trajectory, and the histogram bars remain green above the baseline. Therefore, it appears that price action may advance toward the $0.00002000 resistance level. 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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