Pepe Price Prediction: Pepe Eyes New All-Time High as Bulls Take Charge and Sellers Capitulate
The post Pepe Price Prediction: Pepe Eyes New All-Time High as Bulls Take Charge and Sellers Capitulate appeared on BitcoinEthereumNews.com. Pepe Coin (PEPE) is dominating the headlines once again as the frog-themed meme coin soars more than 80% in just seven days. The rally, reminiscent of its prior surges in November 2024 and February 2024, has caught the attention of crypto investors, traders, and even market skeptics. As of May 12, PEPE is trading around $0.00001425, sparking renewed interest in a potential all-time high. The explosive move has been underpinned by a flurry of technical indicators, growing investor demand, and a spike in trading activity. The PEPE coin price chart reveals a clear bullish pattern, with momentum building for a potential breakout beyond key resistance levels. Technical Indicators Flash Green on PEPE Price Chart From a technical standpoint, PEPE is riding a wave of bullish momentum. The Relative Strength Index (RSI) is currently hovering above 70, indicating overbought territory but also suggesting robust buying pressure. Similarly, the MACD indicator shows a strong crossover with upward-trending histograms, signaling that buyers remain in control. Pepe price surged over 64% after breaking above its 100-day EMA and closing above the key resistance at $0.000013. Source: WSMS199 on TradingView More significantly, the Average Directional Index (ADX) is now at 71.88—a rare and powerful indicator that reflects the strength of the ongoing uptrend. “When the ADX is this high, it usually confirms that the trend is very strong and unlikely to reverse in the short term,” noted one analyst from CoinGlass. Adding to the bullish case, PEPE has broken above its 200-day Exponential Moving Average (EMA) and the 61.8% Fibonacci retracement level of $0.00001426. This move marks a key technical breakout that may open the door to further upside, with the next targets being $0.000016 and $0.000021. Pepe Coin Price Prediction: $0.000026 and Beyond? Market watchers are now eyeing $0.000016 as the next critical resistance…
The post Pepe Price Prediction: Pepe Eyes New All-Time High as Bulls Take Charge and Sellers Capitulate appeared on BitcoinEthereumNews.com.
Pepe Coin (PEPE) is dominating the headlines once again as the frog-themed meme coin soars more than 80% in just seven days. The rally, reminiscent of its prior surges in November 2024 and February 2024, has caught the attention of crypto investors, traders, and even market skeptics. As of May 12, PEPE is trading around $0.00001425, sparking renewed interest in a potential all-time high. The explosive move has been underpinned by a flurry of technical indicators, growing investor demand, and a spike in trading activity. The PEPE coin price chart reveals a clear bullish pattern, with momentum building for a potential breakout beyond key resistance levels. Technical Indicators Flash Green on PEPE Price Chart From a technical standpoint, PEPE is riding a wave of bullish momentum. The Relative Strength Index (RSI) is currently hovering above 70, indicating overbought territory but also suggesting robust buying pressure. Similarly, the MACD indicator shows a strong crossover with upward-trending histograms, signaling that buyers remain in control. Pepe price surged over 64% after breaking above its 100-day EMA and closing above the key resistance at $0.000013. Source: WSMS199 on TradingView More significantly, the Average Directional Index (ADX) is now at 71.88—a rare and powerful indicator that reflects the strength of the ongoing uptrend. “When the ADX is this high, it usually confirms that the trend is very strong and unlikely to reverse in the short term,” noted one analyst from CoinGlass. Adding to the bullish case, PEPE has broken above its 200-day Exponential Moving Average (EMA) and the 61.8% Fibonacci retracement level of $0.00001426. This move marks a key technical breakout that may open the door to further upside, with the next targets being $0.000016 and $0.000021. Pepe Coin Price Prediction: $0.000026 and Beyond? Market watchers are now eyeing $0.000016 as the next critical resistance…
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