Can Pepe coin Double in Price in Short term: Pepecoin Next Target

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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
Pepe Coin Next Target

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.ย 

Forecast Indicators

  • Relative Strength Index (RSI): 51.
  • Moving Averages:
    • 50-day SMA: $0.000008500
    • 200-day SMA: $0.000009200
  • Trend:ย Short-term trend is Down, Medium-term trend is Strong Down, Long-term trend is Strong Down.
  • Momentum:ย Price is neither overbought nor oversold currently.
  • Support and Resistance:ย Nearest Support Zone is $0.000006.ย 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.

For on-demand analysis of any cryptocurrency, join ourย Telegram channel.

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Harsh Panghal
Harsh Panghal

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