$PEPE
🚀 Pepe Price Analysis Targets $0.000013344 🚀
Pepe coin price rally sprouted with a long-legged doji candle on May 6, completing a morning star pattern. The reversal pattern led to a near 35% PEPE rally on May 8, printing a strong-bodied bullish candle. General market sense signals broader trend shifts with such a pattern.
At present, Pepe coin trades at $0.00001091, levels last seen on February 4. However, the meme coin now experiences a small breather with a 1.84% intraday pullback.
Crossing above the 200-day Exponential Moving Average (EMA), Pepe hints at an extended uptrend. Catching the attention of momentum traders, the positive crossover in the MACD and signal lines aligns with the optimistic viewpoint.
Based on the Fibonacci levels, the bull run exceeds the 23.60% level at $0.00001025 and eyes the 38.20% level at $0.000013344. This projects an additional upside of 22% from the current PEPE price and promotes the hopeful PEPE coin price prediction.
However, a potential retest of the 23.60% level risks a 6% downside and loss of the 200-day EMA. Such common pullbacks test investors’ conviction. A failure to hold this support floor warns of an 18% PEPE slip to $0.000008832 retest.
