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Pepe (PEPE) Falls 2.5% With Price Near the Lower Bollinger Band

Binance’s PEPE/USDT spot pair recorded 12,242,761.07 USDT in quote volume in the 24 hours before the 7:12 a.m. ET snapshot.

Updated 1 min read
A green frog silhouette sits near the lower boundary of a Bollinger band graphic. / EconoTimes.ai
A green frog silhouette sits near the lower boundary of a Bollinger band graphic. / EconoTimes.ai

Pepe (PEPE) was quoted at 0.00000390 Tether (USDT) on Binance at 7:12 a.m. ET (11:12 UTC) Sunday, Oct. 18, down 2.5% in 24 hours; Bollinger %B placed it near the lower band at 0.1527.

The PEPE/USDT spot pair recorded 12,242,761.07 USDT in quote volume over the preceding 24 hours. The %B scale places 0 at the lower band and 1 at the upper band, with 0.5 halfway between.

Oct. 13 readings were %B 0.3048 and the relative strength index (RSI) 50.14; for Oct. 9, they were 0.1144 and 45.76, respectively.

At 45.17, daily RSI remained below the 50 midpoint but did not reach oversold territory. Stochastic values came to 26.60 for %K and 21.28 for %D; both sat under 30, and %K was the higher reading. The moving average convergence divergence (MACD) histogram signaled bearish momentum; its line and signal reading both rounded to zero. The metrics do not establish an active reversal or indicate what PEPE will do next.

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