Pepe coin price experienced a 2.3% increase during Monday's session as the broader crypto market saw a relief rally. The notable growth in the meme cryptocurrency sector, including Pepe, is part of a wider trend where Bitcoin is attempting to reclaim the $60,000 mark.
The price action of Pepe coin suggests that a wedge pattern might be forming, signaling a potential 30% rally. However, it remains uncertain whether this recovery will continue, or if sellers are poised for a counterattack.
The information about the Pepe coin's price action and its potential breakout was initially reported by CoinGape.
