Pepe Crypto Stretches its Bullish Trend as Trading Volume Drops
As of September 23, 2026, Pepe crypto's daily chart remains bullish despite concerns about its stretched nature. The RSI14 on the daily chart has reached 73.05, a level considered deep into overbought territory.
This has raised doubts about the sustainability of the current rally, but momentum traders may continue to drive prices up for a while longer in meme-coin cycles where speculation dominates.
However, the 1-hour and 15-minute charts show a different picture. The RSI14 on these charts is at 46.55 and 36.39 respectively, indicating that short-term momentum has cooled down rather than confirming the daily trend.
The Fear & Greed Index remains high at 71, suggesting traders are still in a greedy mindset, but the drop in trading volume to 17.76% over the past 24 hours may indicate a loss of steam in the rally.