Pepe Price Prediction: PEPE Pumps 11% As This Dogecoin Upgrade Goes Ballistic With $5 Million Raise

The Pepe price was able to break above the $0.00000802 resistance in the last 24 hours, and is currently resting slightly above this significant price point. Should it close today’s trading session higher than this threshold, it may have the foundation needed to keep rising in the coming 48 hours.

This could see the meme coin attempt a challenge at the subsequent resistance level at $0.00000928 in the short term.

Conversely, a daily candle close today below $0.00000802 could expose the crypto to the risk of correcting to the next key support level at $0.00000712. Despite this potential threat, there is still a medium-term positive trend line that may act as the last line of defense before the Pepe price reaches this support.

A break below the ascending trend line could be catastrophic, as traders may panic sell their holdings in the altcoin. This may then force PEPE down to as low as $0.00000631 in the coming few days.

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