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

31.03.2024
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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.

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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!

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

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Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

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