The predictions for Pepe Coin this week indicate a continued rise, as the price of Pepe Coin has increased by 4% over the past 24 hours to $0.00000173. The PEPE token has also risen by 14% in the week and by 70% in the last 30 days, although it is still down by 60% from its all-time high.
*Factors influencing the price of Pepe:*
- *Relative Strength Index*: Indicates a flow of buying momentum, as the index has risen towards 60 after dropping near 40 yesterday.
- *Moving Average*: Shows the strength of the altcoin, as the 30-day moving average continues to rise above the 200-day average.
- Support level of $0.00000150: Held firm last week, meaning it is unlikely to drop below this level if its current rise comes to a swift end.
*Potential forecasts:*
- *Continued rise*: Pepe may continue to rise in the short term, with whales continuing to accumulate the meme token.
- Reaching $0.0000020: Pepe may reach this level soon, if not higher.
- *Drop*: Pepe may drop again if whales decide to take their profits ¹.