PEPE: It may double before the end of the year. Are you ready?
As of September 26, 2024, the PEPE token market is active, with a stable price of $0.00000914 and a high of $0.00000919 within the month, showing strong upward potential. Its 24-hour trading volume exceeds $384 million, with a total market value of nearly $3 billion, and high market recognition.
Technical Analysis
PEPE is in a critical technical period. Analysts believe that it is in a symmetrical triangle consolidation, indicating that it may usher in a sharp rise in the fourth quarter, with a potential increase of up to 300%.
Market Dynamics
The market is active, reaching a peak on September 6, and high-frequency trading has been maintained recently. The user base has expanded, and the number of active addresses has increased by 6.54%, laying a solid foundation for future development.
Risks and Opportunities
There are short positions in the market, which may help the rise or intensify volatility. The technical side is neutral and bearish, and short-term fluctuations should be noted. However, if it can break through the key moving average, it will lay the foundation for the rise.
Price prediction
Forecast agencies are optimistic. Changelly predicts a 12.02% increase by September 27, while CoinPedia predicts that it may reach $0.0000125 by the end of the year.
For the best cryptocurrency, click on the avatar to follow me, and learn about the potential coin deployment in the bull market, as well as daily spot strategies!
