๐Ÿ‘€ $PEPE Coin Price Prediction Hints 39% Gains Amid Bitcoin Upsurge - CoinGape


๐Ÿธ Pepe Coin Shows Bullish Signs
Pepe coin (PEPE) is generally bullish today despite a 2.2% dip in the last 24 hours. Over the past week, PEPE is up 23%, indicating strong bullish sentiment. If PEPE overcomes certain barriers, it could see a 39% gain. Meanwhile, Bitcoin's surge above $62,000 has boosted the overall market. However, some PEPE traders are closing long positions, even as social volume rises.

๐Ÿ“ˆ Social Dominance Could Boost PEPE
PEPE is facing resistance on the daily chart, with traders reacting to its price action. Santiment data shows a rise in PEPEโ€™s social volume to a monthly high, suggesting increased interest. Despite this, futures traders are closing long positions, which may signal a bearish outlook.

๐Ÿš€ Potential Breakout to $0.00001300


The PEPE price chart suggests a bullish breakout, trading near the upper Bollinger Band, indicating strong momentum. Short-term resistance is around $0.00000955, with a potential target of $0.00001300 if bullish momentum continues.

๐Ÿ“Š Key Levels to Watch
If PEPE breaks above $0.00000955 with strong volume and bullish MACD signals, it could justify long-term buying, aiming for targets above $0.00001300. However, failure to break this level may see a drop to $0.00000811, a critical support zone. Falling below this support could invalidate the bullish outlook.