Key Takeaways
- PEPE’s Current Status: PEPE price is about to print a notable bearish candle after fighting with the bulls during the previous trading day. However, the technical indicators remain in favor of bulls, which may keep up the momentum upright regardless of the mounting selling pressure. Hence, a trend reversal may be expected anytime from now, defending the crucial support at $0.000001.
- Market Performance: The PEPE is facing extreme bearish heat as it is trading at [current_prices pair=”PEPEUSDT”] with a notable drop of 3.03%. The market capitalization is around $4.23 billion with a similar pullback. Besides, the trading volume has also decreased by more than 41% but the bullish sentiments cotniues to be around 86%. Meanwhile, the Fear-Greed Index has risen to 60, suggesting the sentiments have raised to greed from being neutral.
- Technical Analysis: The PEPE price has been displaying strength for the past few weeks, which has kept up the bullish momentum. The price continues to trade above the 200-day Moving Average, which suggests a potential upswing could be fast approaching. The buying pressure is slowly accumulating along with the strength that may prevent excess price drain.
- PEPE Price Prediction: Pepe price has been displaying acute strength since the start of the year and hence is believed to regain a decent ascending trend. The price may reclaim the September highs and rise above $0.000012 initially and later achieve levels around $0.0000014 soon.
- Future Outlook: The dog- and cat-based cryptos are gaining huge attention and adoption ever since the PEPE price rally kicked off in Q1. Therefore, with a small relief in the selling pressure, Pepe coin price is expected to revive a strong ascending trend and mark new highs.
Where will Pepe Price Head Next?
- PEPE price broke out from the descending parallel channel chart pattern and has been trading within a rising channel, suggesting a flip in the market dynamics
- However, Pepe price is consolidating along the average bands of the channel, suggesting the bulls preparing for the next price action.
- Besides, the Relative Strength Index (RSI) has maintained a steady upswing, holding the ascending trend line as a strong support.
- Therefore, PEPE price is expected to rise above the average bands as the levels continue to hold above the 200-day MA and reclaim the levels above $0.0000011 initially and later head towards $0.0000012.
| Indicator | Value |
|---|---|
|
Support levels (Fibonacci, S1/S2/S3)
|
$0.00000743 / $0.00000611 / $0.00000397
|
|
Resistance levels (Fibonacci, R1/R2/R3) |
$0.00001171 / $0.0000130 / $0.0000151
|
|
50-day EMA |
$0.0000092
|
|
200-day EMA |
$0.0000085
|
|
RSI level |
56.14 |
|
MACD level (Signal Line) |
0.000000419
|
Pepe Price Prediction October 2024
After a massive plunge in the first few days of the month, the PEPE price has recovered well by maintaining a consolidated ascending trend. Now that the price has held support since the rebound, the possibility of a bullish continuation remains upright. The current trade set up suggests a small pullback could offer a strong boost to the PEPE price rally and close the monthly trade around $0.000001105 and $0.0000012.
The bullish close for the month could make the market participants confident of the next price action, and with this, the buying pressure may slowly increase. The price could surpass $0.0000015 in a short while, but the rally may remain elevated regardless of the interim bearish interference. Therefore, the rally may hold above the gains for the rest of the month, activating the higher targets. By the end of the month, the PEPE price is expected to trade around $0.00000133 and $0.00000135.
As the trade advances into the last few weeks of the year, the crypto markets may experience a huge influx of liquidity, which may keep the bearish possibility away. With this, the bullish strength may keep growing, which could elevate the levels beyond the yearly highs at $0.0000018. With this, the bulls may regain control and lauch a strong ascending trend towards $0.000002 but may end the yearly trade between $0.00000195 and $0.00000198. However, the bullish momentum may persist that could trigger a bull run ahead.
Pepe Price Prediction 2025
As the market experiences a bullish phase, PEPE price is expected to follow a steady upward trajectory. In the first quarter, the price can reach around $0.00004; by the close of the year’s first half, it could reach approximately $0.000055. While occasional bearish episodes may occur, the overall momentum is expected to remain bullish.
Moving into the second half of the year, the price increase may slow, but the bulls are likely to maintain their position, aiming for the highest point in this ongoing upswing. Around the middle of the third quarter, a new all-time high (ATH) may be achieved at roughly $0.000045. Subsequently, the bears may gain control, leading to a healthy price correction that could stabilize the price between $0.00004 and $0.00005 until the end of the year.
The start of 2026 may stabilize Pepecoin price as bullish forces attempt to counter the prevailing bearish sentiment. However, the bulls may weaken as the year progresses, allowing the bears to gain momentum. This shift could transform the ongoing downtrend into a more pronounced bear market, resulting in a steep decline in the price.
In the latter half of the year, there could be a sharper drop in Pepecoin price as the bulls struggle to maintain support levels. This decline might confirm the beginning of a bear market following a previous bull run, potentially causing the price to shed more than 60% to 70% of its value from its recent highs. By year-end, it’s conceivable that the price will be trading within the range of $0.0000078 to $0.0000095.
The PEPE price is anticipated to remain entrenched in the bear market in the upcoming year, holding onto its steep downward trajectory that began the previous year. Throughout this time, the price is likely to consistently form lower highs and lows, a sign of increasing bullish strength. This pattern suggests that the bear market may be nearing its bottom, hinting at a potential trend reversal on the horizon.
The turning point for the bear market could materialize in the early days of the third quarter, setting the stage for a gradual recovery. Initially, this recovery might be modest in its ascent. However, as we progress into the last quarter of the year, a more substantial upswing may be triggered, propelling the price upward. Consequently, by year-end, it’s conceivable that PEPE price could reach levels around $0.0000189.
In 2028, after enduring significant bearish pressure, Pepecoin price is poised for a more positive outlook. The price trend is expected to exhibit a steady upward trajectory, with the bulls not unleashing their full strength all at once. By the conclusion of the first half of the year, the price may surpass the $0.00002 mark, instilling confidence in the bullish sentiment.
As we transition into the year’s second half, a notable recovery phase could commence, lifting the price above the lingering bearish influence. This upward trend may persist, marked by consecutive higher highs and lows. By year-end, it’s conceivable that Pepecoin price could be trading in the range of $0.000028 to $0.000032, indicating a more positive outlook compared to the preceding bearish period.
The outlook for the beginning of the year is predominantly bullish, as the price is set to maintain a significant upward trend right from the start. Throughout the year’s first half, the price is expected to climb steadily, potentially recouping previously lost levels and testing higher resistance. By the close of the first half, the price could exceed $0.000035.
During the second half of the year, the bulls may gain substantial momentum, possibly leading to a modest bull run. As we progress further into the year, this bull run could gather even more strength, enhancing its impact. Consequently, by the year’s end, there’s a possibility that the price could be trading in the range of $0.000045 to $0.00005, reflecting a robust and sustained upward trajectory.
In 2030, Pepecoin price is poised to start the year on a bullish note, maintaining a strong position above $0.000052. Despite achieving a new all-time high, the upward trend is expected to persist as it has yet to reach its peak. By the close of the year’s first half, the price could reach a range between $0.000055 and $0.000057.
As we move into the year’s second half, the trend is anticipated to intensify, although bears may intermittently challenge it. This could signal that the peak of the bull run is approaching, possibly followed by a bearish pullback. Therefore, after establishing a new all-time high, estimated around $0.000065 to $0.000072, the year-end may see the price settle at approximately $0.000055 to $0.000062.
Will Pepe Price Rise Again in 2024?
Pepecoin, an emerging token in the market, has exhibited remarkable strength during its initial trading period, successfully navigating through periods of bearish influence. This resilience hints at a promising outlook for Pepecoin price in 2024, as it is anticipated to maintain a consistent upward trajectory despite intermittent bearish pressures that may arise along the way.
