$PEPE has experienced a price increase of over 2% in the last 24 hours. According to the latest data collected from CoinMarketCap, $PEPE experienced a 6% price drop last week, falling to $0.0000106. However, it showed its resilience by trading at $0.00001194, an increase of 2% in the last 24 hours. This increase made #PEPE the 23rd largest cryptocurrency with a market cap of an impressive $5.02 billion. The recent price increase allowed #PEPE to temporarily surpass a critical resistance level. According to COINOTAG's 12-hour chart, memecoin briefly surpassed the $0.000012 level. Although it has fallen slightly below this level, this break is considered a positive indicator for a potential recovery. If $PEPE can maintain its momentum and retest the $0.000012 level, it could pave the way for future all-time highs.

Future Price Speculations and Risks

Data from Hyblock Capital predicts that #PEPE could reach $0.0000139 as increased liquidations cause a rise at this level. Often increased liquidations can lead to short-term price corrections.

If #PEPE can successfully break this level, it can reach new price records. However, if the pressure from the bears increases, memecoin could drop to $0.000009.