PEPE Near Support, Weekly Decline Narrowing as Bitcoin and Ethereum Rise Slightly

PEPE is currently hovering near the $0.054467 support level following a 17.5% weekly drop. This decline has narrowed the price range to a tight 24-hour span, with resistance at $0.054889. While these movements have been observed, BTC and ETH pairings are showing modest increases of 0.8% for BTC and 2.7% for ETH, respectively. 0.8% increase in BTC and a 2.7% increase for ETH provide context to the session’s trading activity.