$PEPE Price Prediction for September 2024
Pepe (PEPE), the third-largest meme coin, is set to surge after a whale purchased 292.97 billion tokens worth $2.17 million from Binance on September 2, 2024, near a crucial support level of $0.0000071. This whale also invested in Floki (FLOKI) and WorldCoin (WLD), suggesting a significant market move.
PEPE Price Outlook for September
Technical analysis indicates that PEPE, despite being below the 200 EMA, is at a key support level. Historically, this level has led to a 20% rally, potentially pushing the price to $0.000009. The RSI being in oversold territory hints at a possible trend reversal.
Current PEPE Performance
As of now, PEPE is trading at $0.00000747 with a 0.3% gain in the last 24 hours. Open interest has fluctuated, reflecting growing investor interest. Although September is typically a weak month, the introduction of Bitcoin and Ethereum ETFs in the U.S. might influence prices.
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