*Pepe Coin Price Prediction October 2024*
As the crypto market bounces back, the PEPE meme coin has surged by 8.60%, reclaiming the $0.000010 psychological mark. With a bullish engulfing candle, the meme coin is trading at a 7-day high and is nearing the next crucial resistance at $0.00001202.
A rounding-bottom reversal from the 50-day EMA reflects growing bullish momentum, delaying the death cross event. Based on price action analysis, the upcoming targets for PEPE are at the $0.0000135 supply zone and the $0.000015 psychological mark. On the flip side, crucial support levels are at $0.0000090 and $0.000008473.
Today, October 14, 2024, Pepe Coin (PEPE) is showing strong bullish signals and positive momentum. The coin has gained approximately 7% in the last 24 hours, trading at around $0.000001035, benefiting from an overall crypto market rally.
Analysts are optimistic about a potential price surge, with predictions indicating a possible 40-50% increase in the short term, provided it consolidates above key resistance levels.
Technically, PEPE has been showing strong support, with 92% of technical indicators leaning bullish, while only 8% are bearish. Current support levels are holding around $0.000009, and resistance lies between $0.000010 and $0.000011.
PEPE has seen a 34% rise in the past month despite a longer-term bearish trend over the past three months..
