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Altcoins & DeFi

Pepe (PEPE) Falls 2.5% as Indicators Place It Near Lower Bollinger Band

Image: TokenPost

Pepe (PEPE) fell 2.50% over 24 hours to 0.00000390 Tether (USDT) on Binance’s PEPE/USDT spot market at 7:12 a.m. ET (11:12 UTC) Oct. 18, while momentum readings remained mixed. The snapshot showed 12,242,761.07 USDT in 24-hour quote volume. The 14-period daily relative strength index was 45.17, below its midpoint and outside oversold territory. Stochastic %K was 26.60 and %D was 21.28; both were below 30, with %K above %D. The Moving Average Convergence Divergence histogram was bearish, while the MACD and signal-line values rounded to zero. Bollinger %B stood at 0.1527, placing PEPE near the lower band. The measure shows price’s position within the bands: zero marks the lower band, 0.5 the midpoint and one the upper band. It does not show whether the bands are narrowing or widening.

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