Brief Technical Analysis
Current Price: Around $0.00000893 (coingape.com).
Chart Pattern: A double bottom pattern has formed at $0.0000058 with a neckline at $0.0000284, indicating a potential continuation of the bullish trend (banklesstimes.com).
Moving Averages: The price has crossed above the 25-day moving average, reinforcing a positive outlook.
Momentum: Up 22% over the past week, driven by rising trading volume and increased investor interest (bravenewcoin.com).
🎯 Potential Price Targets
First Target: $0.00001072 (23.6% Fibonacci retracement level) – about a 20% upside from the current price.
Second Target: $0.000014 – about a 60% upside.
Third Target (2025 Average): $0.0000199 – according to InvestingHaven (investinghaven.com).
Fourth Target (End of April 2025): $0.00001365 – according to CoinCodex (watcher.guru).
⚠️ Support and Resistance Levels
Major Support: $0.00000574 – the double bottom level.
Nearby Resistance: $0.0000095 – breaking this could open the path to higher levels (coincentral.com).
📈 Future Outlook
Predictions suggest that PEPE could continue to climb in the coming months, with the potential to reach higher levels if positive market momentum persists.
📝 Investor Notes
Market Volatility: As a meme coin, PEPE is prone to significant price fluctuations driven by market sentiment and community hype.
Risk Management: It's advisable to set appropriate stop-loss and take-profit levels according to your trading strategy.
Continuous Research: Stay updated with market news and technical analysis to adjust your strategy as needed.