$PEPE price increase?.
Here are the key points in the Pepe coin (PEPE) price prediction:
- Current price: $0.00001317.
- Highest price change in 24 hours: $0.00001453.
- Lowest price change in 24 hours: $0.00001116.
Fibonacci analysis:
- PEPE has found support at the 61.80% Fibonacci level, which is a sign of an uptrend.
- Current resistance is identified via the price trendline, with PEPE challenging to break above this point.
- In case the uptrend continues, the price could rise and touch the 78.6% Fibonacci level at around $0.00001426.
- If there is a price correction, PEPE may return to the 61.8% Fibonacci level.
Short-term price prediction:
- It is likely that PEPE will have a price increase of about 20%, surpassing the current resistance level and moving towards a new price level.
- However, before a breakout can occur, PEPE will likely experience a short-term bearish cycle.
Note that technical analysis is not always 100% accurate and should be considered along with other factors such as market news and investor behavior. Always do thorough research before making an investment decision.
