Pepe Price Soars 25%, But Technical Readings Warn of Pullback Risk

The Pepe price has surged nearly 25% on September 21 as it cleared a major resistance level, although an overbought 4-hour reading raises the risk of a short-term pullback.

According to data from crypto.news, Pepe's price traded around $0.00000499 at the time of writing after reaching an intraday high of $0.00000515, lifting the meme coin by 24.75% during the daily session and extending its seven-day gain to nearly 40%, according to CoinGecko.

The token's market capitalization climbed above $2 billion, while its 24-hour trading volume approached $900 million.