Pepe Coin (PEPE) is currently facing significant challenges in the crypto market. After experiencing a drastic drop in late July 2024, PEPE has attempted to recover but remains close to critical support levels. In early September 2024, the PEPE price was trading around $0.0000072, up slightly from the previous $0.0000070. However, with the upcoming NFP report, PEPE could potentially face additional pressure (CoinCodex) (IXFI). Nevertheless, some analysts remain optimistic, predicting a potential price increase by the end of the year. For example, it is projected that the PEPE price in December 2024 could reach $0.00002241, which would be a significant increase from the current level (CoinCodex). In terms of technical analysis, the RSI indicator shows a bullish trend, with a value above 60, while the MACD indicator indicates a bearish trend in the short term. This shows that despite some positive momentum, the market is still cautious about the risk of further corrections (BeInCrypto). Here is an illustration related to the PEPE coin:
Pepe Coin (PEPE) faced fluctuations in the market in September 2024. After a significant drop in late July, PEPE began to stabilize but is still near a key support level. Currently, the PEPE price is around $0.0000072. Some analysts predict a potential increase by the end of 2024, with the price reaching as high as $0.00002241 (
CoinCodex) (IXFI). However, there are concerns that PEPE could still face additional pressure in the short term (
BeInCrypto).
