Special Analysis 🧨💥
PEPE Coin is a new digital currency that appeared in August 2022, also known as "PepeCoin" or "PEPE". To analyze it technically, several factors must be considered:
Technical factors
1. *Market value*: The market value ranges between $100 million and $500 million.
2. *Volume*: The daily trading volume ranges between $10 million and $50 million.
3. *Consensus*: There is a consensus among investors that PEPE is a promising coin.
4. *Technology*: Blockchain technology is used to improve speed and security.
Technical analysis
1. *Support and resistance pattern*: The support pattern appears at $0.00003, while the resistance pattern appears at $0.00005.
2. *Technical indicators*: Technical indicators indicate that PEPE is in a bullish phase.
3. *Technical Patterns*: The Bullish pattern is shown in the chart.
Economic Factors
1. *Regulation*: PEPE is not strictly regulated.
2. *Competition*: It faces competition from other cryptocurrencies.
3. *Acceptance*: PEPE is increasingly accepted in the market.
Forecast
1. *Term*: PEPE is expected to reach $0.0001 in Q1 2025.
2. *Long-Term*: PEPE is expected to reach $0.001 in 2030.
Sources
1. CoinMarketCap
2. Coinbase
3. Binance
4. Coindesk
5. CryptoSlate