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Wall Street Pepe Price Prediction for September 17: WEPE Recovers Impressively

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Azeez Mustapha

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Buyers have been able to solidly defend the support level at $0.00005000 once again. As a result, buyers have spotted this and are beginning to re-enter the market. Consequently, this has led to price action retracing toward higher price levels.

Wall Street Pepe: September 17 Statistics

WEPE Value: $0.00005490

Market Capitalization: $10.98M

Circulating Supply: 200B

Total Supply: 200B

CoinMarketCap Rank: 1147

Key Price Levels

Resistance: $0.00005750, $0.00006250, $0.00006500

Support: $0.00005250, $0.00005000, $0.00004750

Wall Street Pepe Price Prediction for September 17: WEPE Recovers Impressively

WEPE Bulls Breaking Resistance

Looking at the Wall Street Pepe market on a 4-hour chart reveals that buying activity has regained prominence. The last price candle here is a bullish one. What’s more, it has found support above the 9-day Exponential Moving Average (EMA) line.

Also, the Stochastic Relative Strength Index (SRSI) indicator lines can be seen rising sharply upward from the oversold zone. This supplies strong bullish sentiment to this market, hinting that upside forces are still active.

Wall Street Pepe Price Prediction for September 17: WEPE Recovers Impressively

Wall Street Pepe Market Retains Its Protective Coating

In the WEPE/USDT hourly price chart, it is revealed that downward forces are trying to dent bullish confidence. As a result, the ongoing session has appeared as a red price candle. Albeit, it still stands above the 9-day EMA curve.

At the same time, the SRSI indicator lines are proceeding upward. As such, this suggests that upside forces remain dominant in the market, pointing toward a target at the $0.00006000 price level. Also, it is worth noting that more than 3.5B WEPE were burned recently—what do you make of that?

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