Pepe price surges to a new all-time high of $0.0000275 on Monday after rallying more than 18% in the previous week.
at exchanges rose from $251.70 million on Saturday to $370.44 million on Monday, reaching the highest level since its launch in April 2023. An increasing OI represents new or additional money entering the market and new buying, hinting at a potential rally ahead in the Pepe price. uptrend likely to continue Pepe price broke above the descending trendline on Saturday and rallied more than 22% in a couple of days. On Monday,
continues its upward trend, the next target is seen at $0.0000336, the 141.40% Fibonacci extension level drawn from the November 4 low of $0.0000077 to the November 14 high of $0.0000260. The Relative Strength Index on the daily chart reads 68, trading close to its overbought level of 70. Traders should be cautious when adding to their long positions because the chances of a price pullback are increasing.