Pepe Coin Price Prediction: Are Bulls Ready to Roar Back?

20-03-2024 By: Lokesh Gupta
Pepe Coin Price Prediction: Are Bulls Ready to Roar Back?

Pepe Coin Price Prediction 2025 is to be in $0.0000200 zone

  • #Pepe coin is currently trading within a Falling channel pattern on the 4-hour chart.

  • PEPE price has declined by 46% from its 2024 peak, reaching $0.000005800 and falling below the 20-day SMA.

  • After panic selling, PEPE found support around $0.000006, aligning with the 50% Fibonacci level.

  • PEPE struggles to surpass the 38.20% Fibonacci level on its daily chart.

  • The PEPE price's daily chart indicates a short-term squeeze, with Bollinger bands converging and volume significantly decreasing.

  • Bulls need to regain momentum for PEPE's price to break through initial resistance at $0.000008.

  • As per Coingabbar Price prediction, Further negative trends could drive PEPE towards $0.000005 support, with potential risk of dropping to $0.000004.

KEY LEVELS :

RESISTANCE LEVEL : $0.000008200-$0.000009500

SUPPORT LEVEL : $0.000005900-$0.000004900

Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.

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