As the market capitalization of meme coins reaches $63.62 billion, the cryptocurrency market is expected to see a bullish rebound in the future. With increasing bullish opportunities, PEPE shows signs of recovery, aiming to break through $0.000010.
In this context, will the historically bullish November push the PEPE price up to $0.00016?
Pepe Coin Price Prediction for November 2024
With the strong momentum in the cryptocurrency market, with a market cap exceeding $2.29 trillion, meme coins maintain a bullish trend. PEPE remains dominant above the 200-day EMA, targeting a recovery to $0.000010.
As the market prepares for a rebound after a slight decline, PEPE's maintenance above the 200D EMA increases upside chances. According to Fibonacci levels, the upward trend in PEPE's price may reach $0.000016697 by the end of November. Meanwhile, the key support level remains at $0.000008677.
PEPE Price Prediction for 2024
The frog-themed meme coin PEPE is currently priced at a 38.29% discount from its historical high of $0.000004354. Nevertheless, the 500% growth year-to-date supports the possibility of an upward trend.
In summary, the price of PEPE in 2024 should range between $0.00000055 and $0.00000327396. Additionally, the average price of PEPE should be around $0.0000546198.
