The post PEPE Price Prediction: Is a 10x Rally on the Horizon? appeared first on Coinpedia Fintech News
Reclaiming the psychological mark of $0.10, the PEPE Price is ready for a bullish comeback. The meme coin is one of the top-performing tokens in the current bull market and has increased by nearly 8% in the past 24 hours.
With a market cap of $4.31 million, the massive upside potential for the meme coin makes it a lucrative buying option in the current market conditions. So, should you buy PEPE with the potential price target of a 10x rally? Let’s find out in Coinpedia’s latest PEPE Price Analysis.
PEPE Price Performance
In the weekly chart, the PEPE Prize action is on the words of giving a bullish flag pattern record. The pole part of the bullish flag was formed during the early 2020 bull run, which peaked in May at an all-time high of $0.00001722.
TradingView
Following the all-time high, the PEPE Price is now in a falling channel pattern. However, given the recent broader market recovery following Donald Trump’s win in the US presidential elections, PEPE is ready for a bullish comeback.
With a 25% surge this week, the meme coin has crossed above the $0.000010 mark and is teetering a bullish flag channel breakout rally. As the bullish chances of a breakout rally grow, the MACD and signal lines prepare for a positive crossover.
What are PEPE 10x Rally Chances?
The last positive crossover in the weekly MACD indicator happened during the early 2024 bull run, accounting for nearly a 1000% jump. Based on the recent days of the trend-based Fibonacci regression levels over the bullish flag pattern, the uptrend is heading to challenge the 23.60% Fibonacci level at $0.00001171.
Hence, PEPE is one of the crypto market’s best-buying meme coin opportunities with massive upside potential.
Find out more in our PEPE price prediction for the upcoming year’s price targets.
FAQs
What is PEPE’s current market cap and price level?
PEPE has a market cap of $4.31 million and recently reclaimed the $0.000010 level.
What are the bullish indicators for a PEPE rally?
A bullish flag pattern, positive MACD crossover, and Fibonacci targets suggest strong potential.
Can PEPE achieve a 10x rally?
PEPE’s price could target significant highs, aligning with bullish technical patterns and market recovery.
