Penguin logoPenguin TradingFind value beyond consensus
← Crypto News

BeInCrypto: INJ, PEARL, and PEPE face key resistance

According to TechFlow, on November 9, BeInCrypto reported that the outlet listed INJ, PEARL, and PEPE as altcoins to watch this week, noting that all three are approaching key Fibonacci resistance levels.

The analysis indicated that if INJ breaches $8.75, it could retest the October high of $9.417; however, if the daily close falls below $6.867, the bullish pattern will fail. PEARL has encountered resistance near $1.8225, and a breakdown below the $1.64 support level could lead to a decline toward $1.528.

PEPE has repeatedly been rejected at $0.00000534 since January, and if the breakout is confirmed, it could climb to $0.00000618, with support positioned at $0.00000474. The report noted that trading volume during the breakout will determine whether the trend can sustain itself.