Meme-inspired cryptocurrency PEPE fell 2.6% over the past 24 hours to trade near $0.0000915, significantly underperforming the wider crypto market as the CoinDesk 20 (CD20) index is down 1.4% in the same period.

The token traded in a range between $0.0000913 and $0.0000951, with a brief attempt at a rally stalling near resistance before giving way to a slow decline, according to CoinDesk Research’s technical analysis data model.

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