Frog-themed meme coin PEPE has confirmed a death cross on its four-hour chart, a bearish technical indicator triggered when the 50-period simple moving average (SMA) crosses below the 200-period SMA. This development signals potential downside momentum, especially as PEPE continues to trade beneath key moving averages on both the four-hour and daily charts. Despite this, PEPE saw a 6.27% uptick over the past 24 hours, reaching $0.000006757, supported by a broader crypto market rebound. The positive sentiment follows U.S. inflation data showing core CPI rose just 0.1% month-over-month in…
Source:: PEPE Faces Bearish Signal Despite Short-Term Price Jump