PEPE Price Slams Into Resistance and Drops 13% in a Day

PEPE was turned back again at the resistance that has capped it since late September. Friday’s spike came with the heaviest buying volume in about a month. The token still trades comfortably above its long-term moving average. A daily close above resistance remains the signal buyers have not delivered. The PEPE price fell to around $0.00000442 on Saturday, October 24, losing 13.26% in 24 hours after a Friday spike toward $0.0000051 collapsed back under $0.00000462, the same ceiling that has turned the meme coin away for most of the past month.

Source: Crypto News Flash