Here's the latest Pepe news:
*Current Price and Market Trends*
Pepe's price has been fluctuating, with a recent surge of over 5% to $0.000013, driven by growing trader confidence and bullish sentiment. Open interest in PEPE futures rose to $599.98 million, indicating new buying momentum. However, a recent dip saw PEPE's price fall 15% in a week, trading at $0.00001277.¹ ²
*Technical Analysis and Forecasts*
Analysts predict a potential double-digit gain for Pepe, with key resistance levels at $0.0000108 and $0.0000168. The Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) indicators suggest bullish momentum. Some projections even suggest PEPE could reach a $50 billion valuation in 2025.³
*Competitor Memecoins*
Other frog-themed memecoins like Pepe Unchained (PEPU) and Wall Street Pepe (WEPE) are gaining traction. PEPU surged 400% after its launch, while WEPE's presale raised $19 million in two weeks. WEPE aims to create an exclusive group for token holders, offering market insights and trading strategies.
*Key Levels to Watch*
- Immediate Support: $0.0000083
- Wave (iii) Target: $0.0000104
- Wave (v) Targets: $0.0000111, $0.0000121
- Macro Resistance: $0.000028 (ATH area)⁴