Wall Street Pepe Breaks Out of Consolidation Phase - learn2trade
Login

Wall Street Pepe Price Prediction for October 28: WEPE Breaks Out of Consolidation Phase

Estimated Reading Time: 2 minutes
Article Rating:
Based on 1 vote
Login to rate this article.
s

Azeez Mustapha

Updated:

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more



The Wall Street Pepe market has been in a consolidation phase for some time, seemingly as a result of bulls refusing to surrender the baseline at the $0.00003000 price level. More details about this market lie below.

Wall Street Pepe: October 28 Statistics

WEPE Value: $0.00003224

Market Capitalization: $6.22M

Circulating Supply: 200B

Total Supply: 200B

CoinMarketCap Rank: 1361

Key Price Levels

Resistance: $0.00003300, $0.00003600, $0.00003900

Support: $0.00003000, $0.00002600, $0.00002300

Wall Street Pepe Price Prediction for October 28: WEPE Breaks Out of Consolidation Phase

WEPE Market Is Shaking Off Bearish Constraints

On the 4-hour chart, the Wall Street Pepe market has been consolidating for a while. However, the latest price candle has broken through the ceiling formed by the 9-day Exponential Moving Average (EMA) line, even though downward forces tried to push the price back down.

Despite this, bullish momentum has managed to keep the token trading above the 9-day EMA. Additionally, the Stochastic Relative Strength Index (SRSI) indicator has continued to rise toward the overbought region, suggesting that price action remains poised to extend higher.

Wall Street Pepe Price Prediction for October 28: WEPE Breaks Out of Consolidation Phase

Wall Street Pepe Finds Support Above the $0.00003200 Mark

Observing price movement in the WEPE/USDT market on the 1-hour chart, it can be seen that price action is now positioned above the 9-day EMA curve. The last price candle is green and sits directly above the EMA line.

Furthermore, the SRSI indicator lines are edging toward an upward crossover in the overbought region. This indicates that market participants are likely eyeing the $0.00003500 price level as the next target, as continued bullish momentum could drive prices toward that mark. Also it seems capital seems to be shifting away from precious metals and flowing into the crypto market — a sign that a fresh wave of momentum might be building.

$WEPE claim is live! Trade on Uniswap now!

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9

Learn to Trade

Never Miss A Trade Again

step 1
Signal Notification

Real-time signal notifications whenever a signal is opened, closes or Updated

step 2
Get Alerts

Immediate alerts to your email and mobile phone.

step 3
Entry Price Levels

Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.

Share with other traders!

telegram
Telegram
forex
Forex
crypto
Crypto
algo
Algo
news
News