Since May, the price of PEPE has continued to decline, and the market atmosphere is heavy, but I see a turning point. In the second week of September, PEPE rebounded, like the warm sun in winter, bringing hope to investors. The current increase is over 42%, standing firmly at a new level of $0.00000908, which is the best reward for those who stick to it.
Based on the Fibonacci theory, I predict that the short-term target price of PEPE is $0.00001153 and $0.00001287, with a potential increase of more than 40%. Confidence comes from changes in the structure of holders: the increase in long-term holders shows trust in the future of PEPE; the decrease in short-term traders, the market shifts to value investment, and reduces the resistance to rising.
In the long run, I expect PEPE to return to and surpass the historical high of $0.000017, which requires the return of bullish forces and the continuation of market bullish sentiment. PEPE is writing a legend with an unyielding spirit, let us look forward to it together.
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