The post Pepe (PEPE), Kaspa (KAS) and Ethereum (ETH) appeared on BitcoinEthereumNews.com.

How are the crypto Pepe (PEPE), Kaspa (KAS), and Ethereum (ETH) performing? Below is an overview of current and future prices and the latest news featuring them.  Fluctuations in the price of Pepe: return to the all-time high or descent towards critical support? When the price of Bitcoin fell below the crucial support level of $68,000, the meme coin sector experienced a significant contraction, with the main cryptocurrencies in this segment seeing a substantial loss of value.  Among the most affected tokens, PEPE has continued to show a marked bear trend, recording a correction in the last 24 hours. With the bearish sentiment dominating the market, a question arises spontaneously: will the price of Pepe manage to retest its all-time high (ATH) or will it slip towards the critical support level of $0.00000880? After a week of weak performance, Pepe managed to regain momentum, recording an impressive growth of 157.85% before encountering a pullback at the resistance level of $0.00001150.  The bulls managed to reclaim the support level of $0.00000880, which led to a doubling of the price over the next eight days, culminating in a new ATH of $0.00001718 on May 27. However, after reaching this new all-time high, Pepe experienced a sharp bear reversal.  Since then, the price of the coin has been traded under strong selling pressure, indicating a negative influence for the meme coin in the cryptocurrency market. If the price manages to stay above the support level of $0.00001150, the bulls could regain momentum, potentially pushing the price of PEPE to test the resistance level of $0.00001410.  Furthermore, if the bull manage to keep the price at that level, Pepe could be preparing to retest its previous ATH within the current month. On the other hand, if the bear were to prevail, the price of…

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Filed under: News - @ June 12, 2024 5:24 pm