PEPE Price Prediction: Buy, Sell, or Hold The Pepe Crypto?
Release: 2024/01/27 05:54 Reading: 724
- 1 Pepe’s price is trading below the key moving averages, showcasing bearishness on daily chart.
- 2 PEPE crypto is under the bears’ dominance, price action and technicals confirm.
- 3 PEPE price was down by 20.07% last month.
Pepe (PEPE) price is down by 20% over the past 30 days, whereas according to the price action, the Pepe price continues to move under the sellers’ influence. Bears are trying to pull PEPE crypto prices toward the lower price range. PEPE must attract buyers in order to surge toward the upper trendline. Investors in PEPE crypto need to wait for any directional change over the daily time frame chart.
PEPE price prediction shows the drop of Pepe crypto price from the higher level over the daily time frame chart. Pepe crypto needs to lure buyers in order to reach the recovery level. However, trading volume has been low and needs to increase for the PEPE crypto price to maintain at a higher level.
Meanwhile, Pepe crypto is trying to break above 20, 50, 100, and 200-day Daily Moving Average. PEPE price has lost 20.07% in a month and 7.96% in the last three months. Furthermore, the Pepe price has fallen around 20.74% in the last six months and has lost 17.44% year to date. This confirms the facts regarding Pepe crypto’s bearishness in upcoming sessions.
Technical Analysis of PEPE Crypto Price in 1-D Time Frame
If the price can keep this level, the PEPE crypto could continue to go up and reach the first and second targets of $0.00000145879 and $0.00000168608. However, if the Pepe price cannot maintain this level and falls, then it might hit the closest support levels of $0.00000100502 and $0.00000061542.
At the time of publishing, PEPE crypto (USD: Pepe) is trading below the 50 and 200-Day DMAs (Daily moving averages), which do not support the price trend.
However, if more selling volume adds up then the price might conquer supporting SMA’s by making lower highs and lows. Hence, the Pepe price is expected to move downwards, giving bearish views over the daily time frame chart.
Technical indicators suggest the downtrend momentum of the Pepe crypto. The relative strength index showcases the downtrend momentum of PEPE. RSI was at 40 and is heading towards the neutral to be oversold.
MACD exhibits the downside trend of Pepe crypto price. The MACD line is under the signal line behind a negative crossover. Investors in Pepe crypto need to wait for any directional change over the daily time frame chart.
Summary
The daily time frame chart of the PEPE cryptocurrency shows a dropping trend according to the Pepe price projection from the upper level. For Pepe cryptocurrency to rebound and reach the upper levels, it must draw more buyers. Moreover, the price of PEPE has decreased by almost 20% over the past months. Technical indications point to the price of Pepe cryptocurrency being in a downturn. Investors in injective cryptocurrency must watch the daily time frame chart for any directional changes.
Technical Levels
Support Levels: $0.00000100502 and $0.00000061542.
Resistance Levels: $0.00000145879 and $0.00000168608.
Disclaimer
This article is for informational purposes only and does not provide any financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your own research before making any financial decisions
Recent news
More>- President Donald (PRESDON) Will Explode Over 15,000% Before Exchange Listings, While Shiba Inu and Dogecoin Lag 11-24
- Dogecoin Price Prediction for Today, November 23 – DOGE Technical Analysis 11-24
- Dogecoin Price Prediction for Today, November 23 – DOGE Technical Analysis 11-24
- Dogecoin (DOGE) Surges 19% as Hash Rate Hits Record High 11-24
- Solana Hits New ATH, As Pepe Surges 30% Amid Bull Market, Crypto Traders Eye New Meme Coin Going Viral After Video Release 11-24
- Dogecoin (DOGE) Bullish Streak is Awakening Shiba Inu (SHIB) Bulls: What’s Next? 11-24
- Top Meme Coins for December 2024: 5 Picks to Buy Before They Take Off! 11-23
- XRP Price Prediction: XRP Pumps 67% In A Week As Gary Gensler Plans SEC Exit, While Whales Swoop On Pepe Unchained Presale 11-23
- What’s Next for Crypto After Bitcoin Take $100k Price Level? Catzilla Coin Among 3 Altcoins Poised for Big Moves 11-23
Selected Topics
More>>-
- pepecoin Price Analysis
- This topic provides articles related to PepeCoin price, covering key PepeCoin insights and analysis
-
- pepe:meme star
- This topic provides articles related to the most promising meme, PEPECOIN, a project with the potential to become a mainstream digital currency. It has the advantages of decentralization, reliability, ease of use, fast speed, low cost and scalability, and is expected to be more widely used in the future
-
- pepecoin price prediction
- We’ve gathered facts about pepecoin’s success story and provided a pepecoin price prediction
Selected Articles
More>>- 1 Avalanche and Aptos rival raises over $600k in 2 weeks
- 2 Crypto Prices Today: Market Continues Rally With BTC, Pepe Coin, SEI Rising
- 3 Major Analyst Crypto Tony Bullish on These Meme Coins, But One Stands Out
- 4 MTAUR Ready to Crush DOGE and PEPE: 100x Price Growth Incoming?
- 5 Memecoins Surge in 2024, Popcat Leads with 7,621% YTD Gain, Outshining Top Crypto Tokens
- 6 PEPE Meme Coin Smashes ATH – See How Much an $83 Investment in Pepe Coin Last Year is Worth Now
- 7 Top 4 Altcoins At 70% Discounts – Last Chance!
- 8 Dogecoin Creator Proposes DOGE to NBA Legend Scottie Pippen
- 9 Top Analyst Who Predicted Dogecoin (DOGE) Last 170x Rally Forecasts New Parabolic Rise, Here’s His Price Target
- 10 New Solana Memecoin Trump Loves Elon to Rally 15,000% Before Exchange Listing, SHIB and Bonk Crash
ABOUT US
We are building the most influential，trusted information platform for aglobal community engaged in thd transformation of the financial system andthe emerging crypto economy.PEPE is an integrated platform for media,events,data & indices for the next generation fo investing and the future of money.
Get in touch with the PEPE team at admin@pepecoinbuy.com