$PEPE price prediction
Will October reach its all-time high price?
In the ongoing "MeMe super cycle", pepe's price has difficulty maintaining its upward momentum. As hype builds, newcomers like NIERO quickly gain attention, demonstrating the significant opportunities in the MeMe space.
Pepe may become a key player in this cycle, potentially riding the wave to new highs.
PEPE prices are up 24% in the past month and 10% in the past week, but this is due to generally bullish sentiment in the market.
However, a slight drop of 3.97% in the past 24 hours brought its price down to 0.009123.
Pepe’s price fluctuated between a daily low of 0.00909 and a high of 0.009503, reflecting a volatile trading session.
Despite this short-term setback, PEPE remains a significant 33114% above the April 2023 all-time low of 0.0002764. However, it is still down 46.56% from the all-time high of 0.01718 recorded in May 2024, indicating that the recovery is still underway.
Pepe’s price is currently facing strong resistance at 0.015. If buying momentum builds, the top altcoin may target higher levels at 0.01718.
If the price surpasses the key 0.015 barrier, it could be followed by a stronger rebound, setting the stage for a sharp uptrend. Such a breakout could lead to significant gains, possibly an increase of 88% from current levels.
Whales holding Pepe significantly influenced its price movement in 2024. Mid-May witnessed a sharp increase in PEPE prices, which coincided with a significant increase in whale transactions exceeding $100,000. The surge points to the key role played by large investors in driving prices higher during that period.
