Pepe Price Prediction October 2024

The PEPE meme coin surged 8.60% to reclaim the psychological barrier of $0.000010 as the cryptocurrency market rebounded. The meme coin traded at a 7-day high with the appearance of a bullish engulfing candle and approached the next key resistance of $0.00001202.  

The rounding bottom reversal at the 50-day moving average reflects the strengthening bullish momentum, delaying the death cross event.

According to the price action analysis, the next target for PEPE is located at the supply zone of $0.0000135 and the psychological barrier of $0.000015. On the other hand, the key support levels are found at $0.0000090 and $0.000008473.

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