30.5 C
New York
Sunday, July 14, 2024

Pepe Price Prediction as PEPE Market Cap Reaches $3 Billion – Can PEPE Overtake Dogecoin?

Must read

PEPE
Pepe Price Prediction

In the realm of meme coins, PEPE price stands out with its recent surge, now trading at $0.000009 and sparking keen interest in Pepe price prediction analyses.

This 12.25% jump over the last 24 hours has not only boosted its trading volume to $1.23 billion but also elevated its market cap to $3.79 billion, ranking it 38th globally.

With the circulating supply nearing its maximum, PEPE Coin’s market dynamics suggest a bullish outlook, capturing the attention of investors and analysts alike.

PEPE Price Prediction

The technical outlook for PEPE Coin presents a bullish scenario, with the pivot point at $0.0000086 serving as a key marker.

Resistance levels are identified at $0.0000094, $0.0000099, and $0.0000105, which PEPE needs to surpass to maintain its upward trajectory.

Conversely, support levels at $0.0000081, $0.0000075, and $0.0000069 are critical for preventing potential downturns.

With an RSI of 66, the market sentiment leans towards the bullish side, further supported by the 50 EMA at $0.0000079.

PEPE Coin
PEPE Price Chart

The observation of bullish engulfing candles past the $0.00000864 level indicates a strong upward trend.

Moreover, the violation of an ascending triangle pattern reinforces the bullish outlook, suggesting sustained momentum.

Conclusion: PEPE Coin’s market position is bullish above the $0.0000086 pivot point. The established support and resistance levels will be pivotal in the coin’s short-term price movement.

With technical indicators and market activities favoring an uptrend, PEPE is poised for further gains, barring any significant shifts below the pivot point, which could trigger a bearish correction.

Embracing the Future: Dogecoin20 Launch Imminent!

Dogecoin20 ($DOGE20) merges Dogecoin’s playful spirit with Ethereum’s advanced technology. As an ERC-20 token, it introduces staking for passive income and leverages Ethereum’s proof-of-stake mechanism, ensuring efficient, eco-friendly transactions.

Stake and Earn with Dogecoin20: In line with Dogecoin’s “Do Only Good Everyday” mantra, Dogecoin20 dedicates 15% of its total supply to staking rewards, promising substantial returns in the initial years to foster community growth and participation.

Eco-Friendly Transactions: By utilizing Ethereum’s network, Dogecoin20 offers a sustainable transaction model, promoting a decentralized, environmentally conscious community ethos.

Last Chance for Presale Participation!

With over $10 million already raised and the presale nearing its conclusion, Dogecoin20 is gearing up for its launch on Doge Day. Priced at $0.00022 per DOGE20, this final presale phase represents a unique opportunity to invest before the official launch and price increase.

Seize the chance to be part of Dogecoin20’s innovative journey – time is ticking!

Get DOGE20 Here

The post Pepe Price Prediction as PEPE Market Cap Reaches $3 Billion – Can PEPE Overtake Dogecoin? appeared first on Cryptonews.

More articles

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 comments
Inline Feedbacks
View all comments

Latest News