PEPE price has surged approximately 130% in the last 30 days, hitting a new all-time high on May 13th.
Chart analysis shows bullish reversal at $0.0000050, forming a rounding bottom with neckline at $0.000010, suggesting potential upward movement.
As buyers break through the psychological resistance at $0.000010, the uptrend gains momentum.
Falling channel breakout and inverted head and shoulders pattern hint at a notable rally in the meme coin's price.
Confirmation of inverse head and shoulders indicates potential breakout from $0.00000972 to $0.000013, marking a 50% target from neckline.
With ongoing bullish momentum, PEPE's likely price target ranges from $0.0000150 to $0.0000184, supported by 1.61 external Fib retracement.
As per Coingabbar Price prediction, Exercise caution as RSI exceeds 70, indicating overbought conditions. A breach may induce bearish reversal, testing $0.0000073 EMA support.
KEY LEVELS :
RESISTANCE LEVEL : $0.000013000-$0.000018000
SUPPORT LEVEL : $0.000009000-$0.000007300
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.
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