Talking about PEPE Coin ($PEPE ), On May 26-27, 2024 the price of PEPE has surged 5% in the last 24 hours, with the meme token breaking through the $0.00001668 mark while the overall crypto market has barely moved today.
This price increase indicates that PEPE has broken its ATH again, after touching $0.00001717 a few hours ago.

And considering that its price is still up 80% in a week, 141% in a month, and 1,000% in a year, PEPE certainly has the short, medium, and long term momentum to continue moving forward.

It can be seen from the chart that PEPE is very bullish at the moment, with the coin maintaining strong momentum for almost a week.

Its relative strength index (purple) has returned to 70 in recent hours, having regained momentum after dropping below 50 yesterday. PEPE's 30-day average (orange) also continues to pull away from the 200-day (blue), a clear sign that the coin is still growing.

Of course, the response to this bullishness is that the PEPE indicator has been high long enough to think that the coin might correct soon. However, its 24-hour trading volume remains high near $2 billion, up from $500 million a week ago, in a sign that interest remains strong.

And what's interesting is that whales continue to accumulate these meme coins, apparently in the hope of further profits in the near future. $PEPE price has reached an all-time high again.
Looking at the long-term, things may become more bullish for this meme token. First, a newly approved Ethereum ETF is set to launch next month, increasing overall positivity and demand.

And secondly, it is likely that we will start to see interest rate cuts from various central banks around the world, including the ECB and Bank of England, if not the Fed. Thus, the end of the year could lead to something like a bullish rally, with PEPE price potentially benefiting more than most other meme and alt tokens.

PEPE price is predicted to reach $0.00002 in July, and potentially $0.00004 in September.

It is also important to remember that analysts advised caution regarding PEPE a few days ago, but its price continues to rise, so there is a high probability that its price will set a new record in the coming days and weeks. Even though it is predicted to rise, investors still have to do their own in-depth research before deciding to dive into the crypto market, especially Memecoin.
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