Pepe Price Prediction: Can Pepe coin Smash $1?
Trading at $0.0000223 today, PEPE fell short by 6.94% in the last 24 hours and was down by 5.63% over the past week. Despite these drops, Pepe maintains a bullish sentiment at 92% while its bearish sentiment stands at 8%.
Chart showing Pepe Coin (PEPE)’s price declining in the last 24 hours from CoinMarketCap
Pepe coin is facing a resistance at $0.00002436, with key support levels at $0.000023, $0.000022 and $0.000021. Pepe's technical indicators also show Relative Strength Index (RSI) is at 50.75974231 indicating neutral action, or neither sell nor buy. However, PEPE's momentum is at −0.00000436 and MACD Level at 0.00000123, both signaling a sell action.
For Pepe Coin to reach $1, its market cap would need a significant boost, which means substantially higher trading volumes and crucially more demand for the meme coin. While a new year looms on the horizon with a pro-crypto leadership headed by Trump, meme crypto analysts are optimistic that these factors could give PEPE a boost to reach higher price levels.
