Pepe, PEPE could hit $0.000019 in 2024
Pepe’s price prediction for the most bearish scenario will value PEPE at $0.000007 in 2024.
Pepe’s previous All Time High was on 14 March 2024 where PEPE was priced at $0.00001.
Pepe’s price at the same time last week was $0.0000078. It has moved by 22.46 % in the past week and is currently at $0.0000087. Infact, in the past 24 hours, PEPE has pumped by 10.17 %. There is a slight bullish sentiment in the crypto market. The long term sentiment, however, remains bullish and PEPE could hit $0.000039 in 2025.
The total circulating supply of Pepe as of writing this article was $420,690,000,000,000 and the marketcap of PEPE remains at $3,690,121,146
PEPE price prediction: Key highlights
1. Primary support and resistance levels
An analysis of the daily chart pointed to $0.0000103 as the highest point of resistance.
Meanwhile, $0.0000011 can be anticipated as the lowest support level.
2. Market sentiment
In April 2024, PEPE has been in a bear market.
3. Predictive forecasts
Based on our AI/ML predictive models, PEPE is forecasted to target an average approximate price of $0.0001 in 2028 and $0.001 by 2031.
Gain valuable insights on PEPE’s future trajectory through a comprehensive daily technical analysis, followed by the coming days of the month, upcoming months, and yearly forecast tables derived from our AI/ML-based predictive models:
PEPE technical analysis: Token sheds gains as bears takeover
Pepe’s (PEPE) hype has propelled it to the limelight among memecoins. The token’s uniqueness has sparked significant interest, making Pepe price prediction for 2024 a crucial aspect for investors and market analysts alike.
The period under review started with the frog-themed token claiming $0.0000040 as support. This low point served as a catalyst for a rally, with PEPE bulls exerting substantial buying pressure. The first week of March marked a major milestone for PEPE as it breached the psychological barrier of $0.0000060.
After a brief test of $0.0000090, the buyers managed to reclaim this level, eventually reaching a new all-time high (ATH) mid-month. Concurrently, a new peak resistance was established at $0.0000103.
The broader bull market demand for memecoins contributed significantly to this surge. Yet, given the market’s overextended conditions, a price correction materialized, leading to a swift drop below $0.0000090. The support at $0.0000074 became a prominent bearish target.
While the buyers tried their best to sustain momentum above it, their efforts faltered. The market structure for PEPE turned bearish as it fell below $0.0000060 close to mid-April. As the analysis concluded, the token was valued at $0.0000047. Evidently, since mid-March, the memecoin has shed some of the gains it achieved in late February.
Despite this, AMBCrypto reported that most holders remained profitable. Additionally, according to Santiment data, holders have experienced an unrealized gain of 4.5% on their initial investments. Furthermore, whales were actively seizing the opportunity to buy more of this memecoin.
AMBCrypto recently examined Hyblock Capital's data to identify potential immediate targets for PEPE. The analysis indicates that the liquidation could increase significantly near the $0.0000080 price level.
For PEPE to initiate a significant rally, it must first surpass this price point, followed by the $0.0000082 and $0.0000086 levels. Further analysis suggests that if PEPE exceeds $0.0000090, the likelihood of the token reaching a new ATH this summer appears very promising. Moreover, if PEPE can break above $0.00001, it could potentially achieve new record price levels.
Given the ongoing downtrend, further losses can likely be anticipated in April, potentially driving it down to the 78.6% retracement level at $0.00000318. To the downside, the next significant level, identified as a magnetic zone for prices, is at $0.00000245. In the most bearish scenario, prices could plummet as low as $0.0000011.
Looking ahead, predictive models remain optimistic about PEPE's growth trajectory. By 2028, forecasts suggest an average price target of $0.0001, with expectations of reaching $0.001 by 2031. These projections highlight not only PEPE's immediate appeal but also its viability as a memecoin with great market potential.
PEPE's 2024 roadmap: Key indicators to watch and trade
The Chaikin Money Flow (CMF) started out positive, peaking at 0.31 in early March. Following this, the indicator continued to descend, culminating in a drop below zero towards the end of March.
After a slight uptick in mid-April, the CMF retained its negative position. At the time of writing, it registered at -0.02. This was reflective of the increasing selling sentiment in the market.
The trading volume started out high. However, mirroring the pullbacks, the volume dropped significantly. This signaled investor hesitation and caution.
Starting in mid-March, the Awesome Oscillator (AO) started losing momentum. It eventually dropped below zero in early April. The latest value of -0.00000195 pointed to increased bearish dominance.
Pepe Price Prediction
Pepe has had an eventful 2023. To simplify the latest PEPE price prediction, we have divided up the prediction by short term Pepe price prediction and long term Pepe price prediction. As of writing this article, PEPE had a trading volume of 1,194,591,311. Pepe has gone up by 29.39% in the past 30 days.
According to our analysis in the short term, Pepe price prediction for July 2024 shows the average price of PEPE at 0.000012 and the highest possible price for July 2024 would be $0.000013.
Further, according to our analysis in the long term, Pepe price prediction for November 2024 shows the average price of PEPE at 0.000014 and the highest possible price for November 2024 would be $0.000015.
Pepe Price Prediction
Pepe has had an eventful 2023. To simplify the latest PEPE price prediction, we have divided up the prediction by short term Pepe price prediction and long term Pepe price prediction. As of writing this article, PEPE had a trading volume of 1,194,591,311. Pepe has gone up by 29.39% in the past 30 days.
According to our analysis in the short term, Pepe price prediction for July 2024 shows the average price of PEPE at 0.000012 and the highest possible price for July 2024 would be $0.000013.
Further, according to our analysis in the long term, Pepe price prediction for November 2024 shows the average price of PEPE at 0.000014 and the highest possible price for November 2024 would be $0.000015.
Pepe price prediction 6 May 2024: Pepe's price for 6 May 2024 according to our analysis should range between $0.0000024 to $0.0000028 and the average price of PEPE should be around $0.0000026.
Pepe price prediction 7 May 2024: Pepe's price for 7 May 2024 according to our analysis should range between $0.0000024 to $0.0000027 and the average price of PEPE should be around $0.0000025.
Pepe price prediction 12 May 2024: Pepe's price for 12 May 2024 according to our analysis should range between $0.0000018 to $0.0000021 and the average price of PEPE should be around $0.0000019.
Pepe price prediction 17 May 2024: Pepe's price for 17 May 2024 according to our analysis should range between $0.0000015 to $0.0000018 and the average price of PEPE should be around $0.0000016.
Pepe price prediction 27 May 2024: Pepe's price for 27 May 2024 according to our analysis should range between $0.0000013 to $0.0000016 and the average price of PEPE should be around $0.0000015.
Pepe price prediction June 2024: Pepe's price for June 2024 according to our analysis should range between $0.00001 to $0.000012 and the average price of PEPE should be around $0.000011.
Pepe price prediction July 2024: Pepe's price for July 2024 according to our analysis should range between $0.000011 to $0.000013 and the average price of PEPE should be around $0.000012.
Pepe price prediction August 2024: Pepe's price for August 2024 according to our analysis should range between $0.000011 to $0.000013 and the average price of PEPE should be around $0.000012.
Pepe price prediction September 2024: Pepe's price for September 2024 according to our analysis should range between $0.000012 to $0.000014 and the average price of PEPE should be around $0.000013.
Pepe price prediction October 2024: Pepe's price for October 2024 according to our analysis should range between $0.000013 to $0.000015 and the average price of PEPE should be around $0.000014.
Pepe price prediction November 2024: Pepe's price for November 2024 according to our analysis should range between $0.000013 to $0.000015 and the average price of PEPE should be around $0.000014.
Pepe price prediction December 2024: Pepe's price for December 2024 according to our analysis should range between $0.000014 to $0.000016 and the average price of PEPE should be around $0.000015.
Pepe's Long Term Price Prediction
Pepe’s long term Price Prediction below is a look at PEPE’s future prospect with regards to price. Pepe was last seen at $0.0000087, with a market cap of $3,690,121,146 and trading volumes of $1,194,591,311. PEPE’s price prediction is possible by analyzing historical price action, current developments and social sentiment from the community.
Pepe price prediction 2024: Pepe's price for 2024 according to our analysis should range between $0.000013 to $0.000019 and the average price of PEPE should be around $0.000016.
Pepe price prediction 2025: Pepe's price for 2025 according to our analysis should range between $0.000026 to $0.000039 and the average price of PEPE should be around $0.000032.
Pepe price prediction 2026: Pepe's price for 2026 according to our analysis should range between $0.000053 to $0.000079 and the average price of PEPE should be around $0.000066.
Pepe price prediction 2027: Pepe's price for 2027 according to our analysis should range between $0.0001 to $0.00016 and the average price of PEPE should be around $0.00013.
Pepe price prediction 2028: Pepe's price for 2028 according to our analysis should range between $0.00021 to $0.00032 and the average price of PEPE should be around $0.00026.
Pepe price prediction 2029: Pepe's price for 2029 according to our analysis should range between $0.00043 to $0.00065 and the average price of PEPE should be around $0.00054.
Pepe price prediction 2030: Pepe's price for 2030 according to our analysis should range between $0.00087 to $0.0013 and the average price of PEPE should be around $0.001.
Pepe price prediction 2031: Pepe's price for 2031 according to our analysis should range between $0.0017 to $0.0026 and the average price of PEPE should be around $0.0022.
Pepe price prediction 2032: Pepe's price for 2032 according to our analysis should range between $0.0035 to $0.0053 and the average price of PEPE should be around $0.0044.
Pepe price prediction 2033: Pepe's price for 2033 according to our analysis should range between $0.0072 to $0.01 and the average price of PEPE should be around $0.009.
Pepe price prediction 2035: Pepe's price for 2035 according to our analysis should range between $0.029 to $0.043 and the average price of PEPE should be around $0.036.
