- Pepe price is trading below the significant moving averages introducing bearish strength.
- PEPE coin price has declined by 45% in the past two months.
Pepe (PEPE) coin price is facing rejection from the $0.00000180. The PEPE coin price has made many attempts to sustain the strong resistance levels of $0.00000180 but sellers dragged down the price. In the first week of December, the PEPE crypto price tried to sustain this resistance level, but sellers were strong and the price dropped by 45% in two months.
Current Price – $0.00000096 Fear & Greed Index – 62 (greed)
Price Prediction – $0.00000086 (-7.25%) Market Cap – $401.87 million
Volatility – 11.58% Volume – $74.43 million
Sentiment – Bearish RSI – 39.81
Green Days – 14/30 (47%) 200-day EMA – $0.0000117
According to our technical analysis, the Pepe coin price is predicted to drop 7.25% to reach $0.0000086 by February 12, 2024. The fear and greed index of the PEPE coin is 62 (greed) and the volatility is 11.58%. The Pepe coin price has remained bullish for 14 days in the past 30 days.
Technical Analysis of Pepe Coin Price Over Daily Time Frame
On a daily time frame, the Pepe coin price has formed a falling wedge pattern. The price has slipped below the support level of $0.0000100 and bears seem to be in control. If the PEPE price manages to surpass the 200-Day moving average, the buying position can be planned up to the $0.0000180 mark.
If the price breaks out from the falling wedge pattern, it may extend to the $0.0000180 mark in the next few days. Furthermore, the Pepe coin price may react negatively near the strong resistance level of $0.0000180.
On the other hand, if the price continues falling through the falling wedge pattern, it will erode all the previous gains. If the sellers remain bearish, the price may melt to the strong support level of $0.0000062. But, if the price fails to defend this support level, an all-time low can be registered.
The circulating supply of Pepe coins is 420.69 Trillion PEPE. The maximum and the total supply of Pepe coins is 420.69 Trillion PEPE. The fully diluted market cap is $405.37 Million.
Pepe Coin Price Prediction FAQs
What is the PEPE price prediction today?
Pepe coin price is predicted to gain 8.30% to hit $0.0000098 by today.
What is the Pepe crypto price prediction tomorrow?
According to our analysis, the PEPE price is forecasted to perform positively. It may gain 5.04% to reach $0.0000101 by tomorrow.
What is the current PEPE price sentiment?
Based on our technical analysis, the current price prediction sentiment of PEPE is bearish.
What is the PEPE price forecast for this week?
According to our analysis, the Pepe crypto price is predicted to range between $0.0000091 and $0.0000116 by the end of this week.
Summary
The PEPE price fell through the last two months and has slipped below the significant moving averages. The PEPE crypto price is near an all-time low and if it fails to defend $0.0000062, a new all-time low could be registered.
Technical levels
Resistance: $0.0000140 & $0.0000180
Support: $0.0000088 & $0.0000062
Disclaimer
Investing in cryptocurrencies and other Initial Coin Offerings (“ICOs”) is especially volatile and speculative, and this article does not advise investing in cryptocurrencies or other ICOs. Since everyone is unique, a certified professional should be continually consulted before making any economic decisions.