Latest News About PEPE

Based on the recent news and data available, the price prediction for PEPE is as follows:

1. **Current Price:** PEPE is currently trading at $0.00001118, just below a local resistance level of $0.00001146. The price has experienced a 12% fall in the last 24 hours to $0.000009588.

2. **Resistance Level:** Overcoming the resistance level of $0.00001146 has been a challenge for PEPE for the past four months. Breaking this resistance level is possible, but a rise beyond $0.00001369 appears unlikely given the current market conditions.

3. **Support Level:** The coin saw a 3% drop recently, retesting the crucial support level of $0.00001. This support level is significant for PEPE's price movement.

4. **Market Sentiment:** Despite the recent price drawdown, investors are optimistic about PEPE. The Open Interest (OI) figures show an increase of 14%, with a total of 12.2 trillion tokens wagered. This indicates that investors see the price slump as an opportunity to accumulate PEPE at a discount.

5. **Growth Potential:** PEPE has maintained a growth rate of 13.71% over the past seven days, outperforming some of its peers like Shiba Inu. The long-term attractiveness of PEPE is a major selling point for investors.

6. **Technical Indicators:** The total number of Daily Active Addresses for PEPE has jumped by 9.51% to 3,380 overnight. This metric is essential for judging the overall sentiment in the ecosystem and indicates growing interest in the coin.

In conclusion, while PEPE faces challenges in breaking through resistance levels, the overall sentiment among investors remains positive. The support level at $0.00001 is crucial for the coin's price movement, and a sharp recovery is expected driven by accumulation and bullish patterns. However, a rise beyond $0.00001369 may be challenging in the near term.