PEPE Price Prediction 2024
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The frog-themed meme coin, PEPE, is currently trading at a discount of 71% from its all-time high of $0.000004354. Moreover, despite the recent rise of 91% in the intraday trading volume, the PEPE price fails to gain momentum and shows a failed inverted head and shoulder breakout.
Nevertheless, the overall trend improvement chances in 2024 are on the higher side due to the Bitcoin ETF approval anticipation. Hence, a potential altcoin season later in 2024 can result in a boom in PEPE price trend.
In short, per our Pepecoin price prediction, the price of PEPE in 2024 should range between $0.00000055 to $0.00000327396. And the average price of PEPE should be around $0.0000546198.
The PEPE coin price is currently rising after breaking out of a downward trend and gives a rounding pattern breakout rally. Further, the meme coin price action shows a successful retest of the bullish breakout.
The successful post-retest reversal challenges the 78.60% Fibonacci level at $0.0000117 and aims for a breakout rally.
According to Fibonacci analysis, if the trading volume continues to support this trend, the price could reach the $0.000019 mark. However, it might briefly drop to $0.000010 before rising again۔ #PEPE_EXPERT #PEPEATH #Toptrader
