📊 Technical Analysis of $PEPE (May 2025)

🔹 Current Price

As of May 8, 2025, #PEPE‏ is trading around $0.00000900 USD, with a 14.2% increase in the last week.

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🔹 Technical Indicators

50-day Moving Average (SMA 50): Estimated to reach $0.00001462 by June 7, 2025.

200-day Moving Average (SMA 200): Projected at $0.00001216 for the same date.

Relative Strength Index (RSI): Currently at 65, indicating a "greed" zone in the market.

🔹 Chart Patterns

PEPE has shown a bullish breakout from the support zone between $0.00000760 and $0.00000790, aiming for resistances at $0.00000835 and potentially $0.00000888.

🔹 Market Sentiment

The overall sentiment is bullish, with 79% of technical indicators signaling buys.

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🔮 Price Projections for 2025

Changelly: Predicts an average price of $0.0000269 for 2025, with a maximum of $0.0000164.

CoinCodex: Estimates that $PEPE could reach $0.00003093 by June 7, 2025, representing a 231.19% increase.

Binance: Suggests that $PEPE could go as high as $0.000045 in the second quarter of 2025, and potentially touch $0.00006 by mid-year, assuming continued market momentum.