Journalist
Posted: November 26, 2024
- Purple Pepe has a strongly bullish structure on the 4-hour chart
- It is not yet listed on major exchanges- which could enhance its bullish case
Purple Pepe [PURPE] rallied 1,940% in just over a week but saw a deep pullback in the past 12 hours. The price of the memecoin is down 33% from its all-time high at $0.0003713.
In the past 24 hours alone, the token has increased by just over 120%, and its daily trading volume has surged by 190%. The Bitcoin [BTC ($105,882.00)] pullback from $99.8k that began on Monday hasn’t halted, but this did not stop the PURPE rally.
The sentiment behind Purple Pepe remains bullish. The $86.35 million market capitalization meme began trading in June 2024. The trading ...