PEPE Leads the Meme Coin Charge as Crypto-Themed Telegram Groups Surge by 189% in Africa ⋆ ZyCrypto
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As the meme culture continues to gain steam, Pepe (PEPE) has emerged as one of the most recognizable meme coins, as evidenced by its impressive run.
Various bullish signs have popped up, with PEPE recently hitting the 200-day simple moving average (SMA) amid intensified efforts to flip this level from resistance to support.
As a major trend indicator, trading above the 200-day SMA depicts bullish sentiment since it is a notable support zone. Therefore, this indicator is the dividing line between positive and negative conditions.
PEPE is also witnessing intensified buying interest, given that its relative strength index (RSI) has been upward thanks…