Pepe Coin Price Flashes 25% Buy Signal—Big Rally Next?

The Pepe Coin price rose 2% in 24 hours to $0.000007081 as the crypto market calms following a rough weekend.

PEPE has dropped 2.5% in a week and 16% in 30 days, yet the meme currency has grown 800% in a year.

Recent downturns have placed it in a position to test its resistance levels and gain 10% or 25% in the next month or two.

Pepe Coin Price Flashes 25% Buy Signal—Big Rally Next?
After hitting a seven-day low of $0.00000644 on Saturday, PEPE has been gaining pace.

Its signs show this strong growth, but they still allow for further increases.

Its relative strength index (purple) rose from 25 during the weekend to 65 today.

PEPE's 30-period moving average (orange), which is approaching the 200-period average (blue), also indicates buying pressure.


A breakthrough might occur if it climbs above the longer-term average and forms a golden cross.

As it recovers from a low foundation, its signs predict it might hit $0.000008 or $0.000009 in the next weeks.

Given that Pepe Coin struck an ATH more recently than most other top-100 coins, these rises of 12% and 25% are feasible.


The currency fell at the end of August, but whales seem to have resumed collecting PEPE this month.

This suggests an anticipation of gains, and although September has traditionally been a negative month for crypto, prices may climb again in October, which is usually good for returns.


Based on all this, PEPE may increase briefly before faltering again, but it may start to gain more consistently as September ends.

Expected Fed rate cuts would assist, but some economists caution that pessimistic sentiment might rise if the central bank reduces rates too aggressively, signaling recession worries.


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