Pepe, PEPE could hit $0.000038 in 2024
Pepe’s price prediction for the most bearish scenario will value PEPE at $0.000011 in 2024.
Pepe’s previous All Time High was on 27 May 2024 where PEPE was priced at $0.000017.
Pepe’s price at the same time last week was $0.000014. It has moved by -0.55 % in the past week and is currently at $0.000014. Infact, in the past 24 hours, PEPE has dumped by -2.25 %. There is a slight bearish sentiment in the crypto market. The long term sentiment, however, remains bullish and PEPE could hit $0.000079 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 $6,272,672,870
PEPE price prediction: Key highlights
1. Primary support and resistance levels
An analysis of the daily chart pointed to $0.0000112 as the highest point of resistance.
Meanwhile, $0.0000048 was marked as the lowest support level.
2. Market sentiment
In May 2024, PEPE is in a strong bull market.
3. Predictive forecasts
Based on our AI/ML predictive models, PEPE is forecasted to target an average approximate price of $0.0003 in 2028 and $0.001 by 2030.
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: Profits surge as token records new ATHs
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 facing rejection at $0.0000087. A swift drop pushed the price to $0.0000065, which became a prominent seller target.
While the buyers tried their best to rally, their efforts faltered. The market structure for PEPE turned decisively bearish as it fell below the latter close to mid-April. Nevertheless, the buyers managed to uphold $0.0000048 to prevent further depreciation of value.
After a period of brief stabilization, Bitcoin's (BTC) halving generated bullish momentum in the market, leading to gains across various altcoins. This catalyst propelled the price above $0.0000065 again. The introduction of perpetual contracts for the memecoin on Coinbase also contributed to its recovery.
While the price retracted slightly by month’s end, the onset of May saw a major increase in active addresses on the network. This triggered an uptick in price, raising PEPE to retest $0.0000087.
By mid-month, the token managed to flip this level and even reach the peak barrier at $0.0000112. Interestingly, AMBCrypto reported that PEPE achieved new all-time highs (ATHs) for three consecutive days. This surge in value was accompanied by an increase in the number of token holders, suggesting a rising interest in the asset.
Additionally, recent data revealed that all current token holders were in profit. As the analysis concluded, the token was valued at $0.0000107. The ongoing momentum can pave the way for more highs in the short-to-medium term. A sustained momentum can propel PEPE to go over $0.0000200.
Although bullish sentiment predominated, a sudden shift to bearish conditions could lead to a decline in PEPE's value. If the critical support level at $0.0000101 is breached, the next significant level to watch is $0.0000087. This could become a critical magnetic zone, indicating that substantial price activity might occur around this area.
Looking ahead, predictive models remain optimistic about PEPE's growth trajectory. By 2028, forecasts suggest an average price target of $0.0003, with expectations of reaching $0.001 by 2030. 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) turned positive in mid-April. After a slight dip, the indicator continued to rise. Nonetheless, it reversed this trajectory from May and even dropped below the zero line briefly.
At the time of writing, the CMF registered at 0.02. This pointed to slight buying pressure in the market.
The trading volume started out low. Notably, as the price dropped to its lowest support, the volume spiked. Following this, the rallies were again accompanied by increasing volume. This reflected investor confidence.
The Moving Average Convergence Divergence (MACD) line and its signal line descended from April, with the latter being dominant. Close to mid-month, the lines turned negative. However, a shift occurred as the price rose. The MACD line moved above its counterpart, marking a bullish crossover.
This ascension led both lines above the zero line in the latter half of the month. By the end of the analysis, the MACD line stood at 0.00000089, the signal line was at 0.00000063, and the histogram was at 0.00000026. These values reinforced the ongoing uptrend.
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 862,017,057. Pepe has gone up by 97.71% in the past 30 days.
According to our analysis in the short term, Pepe price prediction for August 2024 shows the average price of PEPE at 0.000024 and the highest possible price for August 2024 would be $0.000026.
Further, according to our analysis in the long term, Pepe price prediction for December 2024 shows the average price of PEPE at 0.00003 and the highest possible price for December 2024 would be $0.000032.
Pepe's Short Term Price Prediction
Pepe price prediction 4 June 2024: Pepe's price for 4 June 2024 according to our analysis should range between $0.0000096 to $0.000011 and the average price of PEPE should be around $0.00001.
Pepe price prediction 5 June 2024: Pepe's price for 5 June 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 10 June 2024: Pepe's price for 10 June 2024 according to our analysis should range between $0.000063 to $0.000073 and the average price of PEPE should be around $0.000068.
Pepe price prediction 15 June 2024: Pepe's price for 15 June 2024 according to our analysis should range between $0.0001 to $0.00011 and the average price of PEPE should be around $0.00011.
Pepe price prediction 25 June 2024: Pepe's price for 25 June 2024 according to our analysis should range between $0.00043 to $0.0005 and the average price of PEPE should be around $0.00047.
Pepe price prediction July 2024: Pepe's price for July 2024 according to our analysis should range between $0.000021 to $0.000025 and the average price of PEPE should be around $0.000023.
Pepe price prediction August 2024: Pepe's price for August 2024 according to our analysis should range between $0.000023 to $0.000026 and the average price of PEPE should be around $0.000024.
Pepe price prediction September 2024: Pepe's price for September 2024 according to our analysis should range between $0.000024 to $0.000028 and the average price of PEPE should be around $0.000026.
Pepe price prediction October 2024: Pepe's price for October 2024 according to our analysis should range between $0.000025 to $0.000029 and the average price of PEPE should be around $0.000027.
Pepe price prediction November 2024: Pepe's price for November 2024 according to our analysis should range between $0.000026 to $0.000031 and the average price of PEPE should be around $0.000029.
Pepe price prediction December 2024: Pepe's price for December 2024 according to our analysis should range between $0.000028 to $0.000032 and the average price of PEPE should be around $0.00003.
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 $0.000014, with a market cap of $6,272,672,870 and trading volumes of $862,017,057. 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 $0.000025 to $0.000038 and the average price of PEPE should be around $0.000031.
Pepe price prediction 2025: Pepe's price for 2025 according to our analysis should range between $0.000052 to $0.000079 and the average price of PEPE should be around $0.000065.
Pepe price prediction 2026: Pepe's price for 2026 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 2027: Pepe's price for 2027 according to our analysis should range between $0.00022 to $0.00034 and the average price of PEPE should be around $0.00028.
Pepe price prediction 2028: Pepe's price for 2028 according to our analysis should range between $0.00047 to $0.0007 and the average price of PEPE should be around $0.00058.
Pepe price prediction 2029: Pepe's price for 2029 according to our analysis should range between $0.00097 to $0.0014 and the average price of PEPE should be around $0.0012.
Pepe price prediction 2030: Pepe's price for 2030 according to our analysis should range between $0.002 to $0.003 and the average price of PEPE should be around $0.0025.
Pepe price prediction 2031: Pepe's price for 2031 according to our analysis should range between $0.0042 to $0.0063 and the average price of PEPE should be around $0.0052.
Pepe price prediction 2032: Pepe's price for 2032 according to our analysis should range between $0.0087 to $0.013 and the average price of PEPE should be around $0.01.
Pepe price prediction 2033: Pepe's price for 2033 according to our analysis should range between $0.018 to $0.027 and the average price of PEPE should be around $0.022.
Pepe price prediction 2035: Pepe's price for 2035 according to our analysis should range between $0.078 to $0.11 and the average price of PEPE should be around $0.097.
