Current $PEPE Analysis
$PEPE is currently in a strong uptrend, having achieved significant gains recently. The current price is around $0.00002131, which means an impressive increase of over 98% in the last 7 days[2].
## Short-Term Outlook
Technical indicators show a very optimistic picture:
- Fear & Greed Index is 84 (Extreme Greed)[7]
- RSI at 75.14 indicates a strong uptrend[7]
- Volatility remains at 11.56%[7]
## Price Forecasts
For the coming months, analysts predict:
- By the end of November 2024: possible increase to $0.0000142[1]
- December 2024: expected range $0.00000833 - $0.0000159[1]
- Early 2025: expected level around $0.00000972[1]
## Risk Factors
Caution should be exercised due to:
- Growing supply of tokens from June 2023, which may be risk[3]
- High volatility characteristic of meme coins
- Possible correction after such a dynamic increases[2]
## Growth Potential
According to technical forecasts, $PEPE
has the potential to grow by about 237.84% to the level of $0.00006443 by December 2024[7]. Support from large exchanges such as Coinbase and Robinhood and the overall positive market sentiment may support further increases[2].