$PEPE
🐸PEPE Price Prediction: Is PEPE Gearing Up for Another Rally?💰🚀
Looking at the latest daily chart of PEPE price, the meme coin appears to be regaining strong momentum after a lengthy downtrend. The chart shows a clear reversal pattern, with Heikin Ashi candles turning distinctly green over the last few sessions, confirming bullish sentiment. The current price sits at $0.00001254, reflecting a healthy 6.8% daily gain, signaling traders are stepping back in after a consolidation phase.
What Does the RSI Reveal About PEPE’s Next Move?
The Relative Strength Index (RSI) is hovering around 68.67, which is just below the typical overbought level of 70. This suggests the rally has more room to run before it faces a serious correction. When PEPE price previously hit similar RSI levels in late April, it spiked by nearly 40% within three daily candles. If history repeats itself, a comparable percentage jump could push the price from $0.00001254 to about $0.00001755 — calculated as:
0.00001254+(0.40×0.00001254)=0.00001755