Pepe Crypto Ready for 60% Rally: Best levels to buy
In this article, we will look at pepe crypto price prediction along with weekly analysis and news roundup.
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PEPE Crypto Price Analysis
- Price: $0.00009123
- Market Cap: $4,105,642,041
- 24h Trading Volume: $1.53 billion
- Circulating Supply 420,690,000,000,000
- Total Supply 420,690,000,000,000
- Max Supply 420,690,000,000,000
Bullish breakout from Channel Down pattern, above 200-day moving average ($0.0000093), signaled resumption of Uptrend. Now it’s trading in a Channel Up pattern. Upside potential to $0.000013. Stop Loss at $0.000087.
Weekly Price Analysis
Over the past week, PEPE’s performance has been fluctuating, reflecting the volatile nature of meme coins. The price has increased by 10%, but resistance at the $0.00001 mark is hindering a further rally.
- 7-day Price Change: +10%
- Weekly Open Price: $0.000083
- Weekly High: $0.00009503
- Weekly Low: $0.0000909
- Trend: Short-term trend is Strong Up, Medium-term trend is Strong Up, Long-term trend is Down.
- Momentum is Bearish ( MACD Line crossed below MACD Signal Line) ABOVE days ago. Price is neither overbought nor oversold currently.
- Support and Resistance: Nearest Support Zone is $0.0000091, then $0.0000078. Nearest Resistance Zone is $0.0000113, then $0.000013.
Technical Indicators
Technical indicators show mixed signals for PEPE, suggesting that its future price movement will heavily depend on market momentum.
- RSI (Relative Strength Index): 61.7, indicating moderately bullish sentiment.
- ADX (Average Directional Index): 17.13, reflecting a possible strengthening of the current trend.
News Roundup
- Altcoin Rally: The ongoing altcoin season could push PEPE higher, especially if it surpasses the key resistance level of $0.000015.
- Meme Coin Supercycle: PEPE benefits from the meme coin frenzy, which has also boosted interest in competitors like DOGE and SHIB.
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