Pepecoin has corrected from it’s recent highs and this could be a good buying level for a potential of 60-80% returns when the crypto market hits upswing.
In this article, we will look at Pepe coin next target by looking at price chart and technicals.
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Pepe Coin Next Target
- Price: $0.000008104
- Market Capitalization: $3.4 billion
- 24-Hour Trading Volume: $1.26 billion
- Circulating Supply: 420.68 trillion PEPE
- Total Supply: 420.69 trillion PEPE
Price is in a Downtrend, however, it had a bullish breakout from Falling Wedge pattern, which could signal at least a temporary bullish trend reversal with upside potential to $0.000008 resistance or possibly $0.000009, which was the prior upswing high. Stop Loss at $0.0000057.
Forecast Indicators
- Relative Strength Index (RSI): 51.
- Moving Averages:
- 50-day SMA: $0.000008500
- 200-day SMA: $0.000009200
- Trend: Short-term trend is Down, Medium-term trend is Strong Down, Long-term trend is Strong Down.
- Momentum: Price is neither overbought nor oversold currently.
- Support and Resistance: Nearest Support Zone is $0.000006. Nearest Resistance Zone is $0.000011, then $0.000013.
Latest News
- Elon Musk’s Influence: On December 31, 2024, Elon Musk changed his profile picture to “Kekius Maximus,” a frog-themed meme which lead to a 6% surge in PEPE’s price.
- Telegram Channel Breach: In September 2024, PEPE’s official Telegram channel was compromised by an unauthorized individual, “lordkeklol,” who used it to promote fraudulent schemes.
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