$PEPE $PEPE " Breaking news Meme Coin Meltdown"

Pepe Coin has shown resilience against major cryptocurrencies like Bitcoin and Ethereum.Compared to other meme-based crypto currencies like Dogecoin (DOGE) and Shiba Inu (SHIB), Pepe Coin has established a unique niche. While specific comparative data is not available, observing similar meme coins' price performances can help gauge Pepe Coin's potential growth in the crypto market

Crypto analysts forecast a downward trend for PEPE. As Bitcoin dropped below its key support level of $68,000, meme coins, including Pepe, also saw significant losses. Pepe's price has decreased by approximately 2.6% over the past day and is down 14.3% over the past week. This analysis evaluates whether Pepe will retest its all-time high (ATH) or fall to its key support level of $0.00000880 this month.

If the market holds the price above the $0.00001150 support, bulls might regain momentum and push PEPE to test the $0.00001410 resistance. Success here could lead to a retest of its previous high this month. Conversely, if bears dominate, PEPE might drop below its $0.00001150 support and head towards the key $0.00000880 support level in the coming weeks.