Krutika Adani
Pepe sees a bullish pennant pattern forming on its 4-hour charts. Recently, the crypto had seen a descending triangle formation and rallied after that.
The formation and breakout of the bullish pennant pattern indicates that the price of Pepe might soon reach $0.00001650.
Pepe has gained an impressive 800% gain this year despite the recent corrections.
The high growth rate in Pepe’s price seems to be the main reason attracting investors and whales.
This week, the Pepe network has seen slow on-chain growth which remains the only challenge for the time.