Here are some points on the breakout and next level of Pepe coins ¹ ² ³ ⁴:
- *Breakout*: Despite a 60% increase in October, Pepe coin's price has seen less than a 1% rise in the opening week of November, indicating a slowdown in the rally of memecoins.
- *Volatility*: Despite the bearish moment, Pepe coin's volatility has jumped to a four-month peak at 172%, introducing the chances of substantial moves.
- *Next Level*: According to technical analysis from Coinpedia on Tradingview, PEPE's price may double in the near future, potentially setting new all-time highs.
- *Price Prediction*: The breakout is expected to propel PEPE price to $0.000015, doubling its value from current levels around $0.0000075.
- *Reasons for Breakout*: The cryptocurrency's Relative Strength Index (RSI) is fluctuating near overbought territory, underscoring growing bullish momentum, and the anticipated rally could receive an extra boost from the broader recovery in cryptocurrencies.
Please remember that these estimates are purely speculative and not investment advice. PepeCoin's price can fluctuate rapidly and unpredictably, and investing in cryptocurrencies always carries risk. Never invest more than you can afford to lose.