LIVE
Pepe Coin Price Prediction: Can PEPE 100x From Here?
PEPE Coin has reached a new all-time high of $0.00001039, up 19% today.
The return of famed meme-stock trader Roaring Kitty to X has helped the meme token's price rise 23% in a week and 92% in a month.
PEPE has risen 440% in a year, giving it ample momentum to keep growing.
If Roaring Kitty's reappearance sparks a meme token bull run, it might breach its ATH in the coming days.
Pepe Coin Price Prediction: Can PEPE 100x From Here?
With its 30-day average (orange) ahead of its 200-day (blue), PEPE's indications are optimistic.
Its relative strength index (purple) rose over 80 yesterday evening and has since dropped, but it remains strong.
The momentum is still there, and PEPE's rising resistance (red) and support (green) levels suggest additional increases.
Whales have been purchasing PEPE in the last day, showing an anticipation that it will continue to rise.
since the tweet below illustrates, PEPE has witnessed huge purchases during its current run, which is positive since whales may stay onto the token longer.
Keith Gill's reappearance as Roaring Kitty, who spearheaded the 2021 GameStop rally and the meme-stocks campaign, is also favorable.
His reappearance may reenergize that movement, helping meme tokens like PEPE rise.
Retail investors should be aware that Gill's comeback doesn't guarantee a new GameStops phenomenon in the coming months.
PEPE reached a new all-time high today, therefore traders should be aware that it may fall before rising again.
Since PEPE has dropped 3% in the past hour, they may opt to wait till a downturn before buying.
The Pepe Coin price might hit $0.000011 or $0.000012 in a week after this modest adjustment.
