$PEPE
Price Prediction: PEPE Up 20%, Time to Buy or Look for $25M Pre-Sale Pepe Unleashed? 🐸📈
Pepe (PEPE) is back in the spotlight, rising 20% in the past week as meme coin season heats up. With momentum strong, the big question is: can PEPE continue to rally, or is this bullish trend just temporary?
PEPE Breaks Key Resistance: Revaluation Rally in Sight?
PEPE recently broke through the $0.000010 resistance, reaching $0.0000107—its highest price since mid-October. Trading volumes are insane, reaching $1.4 billion in the past 24 hours, and PEPE now ranks second as the most traded meme coin in the world (only DOGE ahead).
Crypto analyst @docXBT predicts that PEPE could be gearing up for a major “revaluation rally,” sparking excitement among retail investors.
What’s Driving PEPE’s Rally?
With Trump’s election victory and the Fed’s second consecutive rate cut, the conditions seem ripe for meme coins like PEPE. Low rates often benefit “riskier” assets, and Trump’s pro-crypto stance could set the stage for significant growth.
Technically, PEPE’s chart looks strong, having broken above its 50-day EMA. The September peak of $0.0000119 is on traders’ radar, with the July high of $0.0000131 also in sight. Hitting that second target would mean another 22% upside.
Could PEPE be the buy of the season, or is Pepe Unleashed a better bet for the next big move?