🔥💥Pepe Coin Price Prediction: Will $PEPE Recover $0.0000014 by the End of February?

#PEPE Coin Price Forecast: In the last two months, the frog-themed meme cryptocurrency PIPE has experienced a consistent decline on the daily chart. It fell by about 50% from a high of $ 0.00000175 to a low of $ 0.00000086, significantly impressing investors. However, the analysis of the technical charts reveals this downtrend as part of an important reversal pattern, suggesting a potential reversal and creating opportunities for buyers to make a comeback.

Will the Price of PEPE Hold the Support of $ 0.000001?

BINANCE:PEPEUSDT Chart

PEPE Price | Tradingview

According to a recent analysis by @Alichart, the $PEPE cryptocurrency is showing technical signs of an upcoming upward trend on its 3-day chart. It forms the right shoulder of the head and shoulder model, and the TD Sequential indicator has given a buy signal.

The combination of these factors indicates a potential bullish momentum for $PEPE, which makes it a point of interest for both traders and investors. The inverted head and shoulders pattern signals an bullish reversal at the end of the downtrend, which has three grooves, the central one of which is the deepest.

In the midst of the renewed recovery in the crypto market, the PEPE price increased from $ 0.00000086 to $ 0.00000102, recording a weekly gain of 16%. If the pattern is correct, the Pepe price should rise from $ 0.00000162 to the neckline resistance, resisting a potential gain of 55%.

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