#Pepe
Short-term analysis of Pepe Coin (PEPE):
Current Price and Recent Performance:
* The live price of Pepe is around $0.000014.
* It has shown positive momentum in the very short term, with a 24-hour increase of approximately 3.59% and a 7-day increase of over 24%.
* Over the last month, PEPE has seen a significant surge of around 77%.
Technical Analysis:
* Bullish Sentiment: Several sources indicate a prevailing bullish sentiment for PEPE in the short term.
* Moving Averages: The 50-day and 200-day moving averages are currently sloping upwards and below the current price, suggesting a bullish trend. The 200-day MA has been trending upwards since late April 2025, indicating a strong underlying trend.
* Potential targets on the upside include $0.0000165 - $0.000017, and even higher towards $0.000027 in the coming weeks if bullish momentum continues.
* Open Interest and Funding Rates: Rising open interest and a shift to positive funding rates suggest growing trader confidence and potential for further upward price action.
* RSI: The Relative Strength Index is currently in the neutral zone on the daily timeframe, suggesting there is still room for upward momentum before reaching overbought conditions.
* Potential Breakout: Some analysts anticipate a major breakout, potentially targeting levels around $0.000033 - $0.000037 by September 2025 if the current momentum is sustained. A close above $0.000015 on the weekly chart could signal strong continuation.
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Price Predictions:
* Short-term price predictions are optimistic, with some analysts forecasting PEPE to reach $0.000023 by May 25 and potentially $0.000030 by early June.
* Binance's price prediction suggests a potential increase to $0.000014 by the end of this week (May 28, 2025).
* Brave New Coin suggests a potential target of $0.000027 in the coming weeks, especially if Bitcoin reaches new all-time highs.