Pepe (PEPE) price prediction

(note: the post contains data by CoinEdition)

As of writing, the price of PEPE was $0.0000083. This value was a 4.90% increase in the last 24 hours. Within the same period, the trading volume increased by 25% and hit $765.90 million.

At the time of writing, volatility around PEPE had begun to increase. This was shown by the Bollinger Bands (BB). An increase in volatility might give way to a price increase. 

Furthermore, none of the bands tapped PEPE’s price, indicating that the token was neither overbought nor oversold. In a highly bullish case, the price of PEPE might extend to $0.0000087. However, if profit-taking takes place, PEPE might fall to $0.0000076.

On the daily timeframe, 50 EMA (blue) had crossed over the 200 EMA (yellow). This is termed a golden cross and it is a bullish signal. This crossover happened when PEPE was $0.0000011, indicating that the long-term outlook for the token is a bullish one.

Furthermore, this structure also implies that PEPE’s price might not slide below the $0.0000010 region in the long term. Thus, in 2024, PEPE is expected to surpass its all-time high, and a rally to $0.000017 could be the target.

If PEPE drops below this point, it could plunge to $0.0000067.On the other hand, a bounce before it reaches the resistance may pave the way for a jump to $0.000010.

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