$PEPE
🚨 Pepe price predictions forecast a bullish outlook 🚨
Last month, PEPE smashed through the take-profit targets set by analysts as its bullish momentum picked up speed, leading to a 25% uptick in its price. At its current price of $0.000008217, the community-driven meme coin is still 70% below its all-time high. Some analysts are warning that PEPE's chart demonstrates bearish tendencies, with data showing an exodus of the smart money in what could lead to an imminent downturn for PEPE.
However, most popular analysts have set bullish Pepe price predictions following an uptick in wallet addresses that hold between 100,000 and 1 million tokens. A Fibonacci retracement indicator also shows that PEPE has established support at the 0.786 level, and if the buyers persist, PEPE could be well on its way to continuing its upward momentum.
PEPE's RSI is also right above 40, which is a great indicator of increasing bullish momentum as the sellers exit the market. At a market cap of just $3.48 billion, can PEPE top Shiba Inu's $7.5 billion market cap?