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Cryptocurrency News Articles

Analyst Predicts 326% Price Rally For PEPE, the Meme Coin Set to Drop a Zero by End of 2025

Nov 02, 2024 at 02:30 am

Sharing a bullish price forecast for the Pepe price on the last day of October, crypto analyst Captain Faibik has predicted that the frog-themed meme coin is set for a substantial price rally between November and December 2025.

Analyst Predicts 326% Price Rally For PEPE, the Meme Coin Set to Drop a Zero by End of 2025

A crypto analyst has just predicted that the popular meme coin, Pepe, could see a potential 326% rally before the end of 2025. If this prediction holds true, the frog-themed meme coin would reach new all-time highs, with its price surging to an impressive $0.0000347.

Announcing this bullish price forecast in a tweet on the last day of October, Captain Faibik shared a technical analysis predicting a massive price rally for Pepe between November and December 2025. While a detailed analysis of this forecast wasn’t shared, some key indicators on the meme coin’s predicted monthly price movement for Q4 2024 to 2025 seem to support this prediction.

In the price chart, Captain Faibik highlighted a series of market fluctuations that Pepe is expected to go through before the end of 2024. According to his prediction, Pepe could see a brief price rally in December, followed by a shift towards bearish trends.

Between February and March 2025, the meme coin is anticipated to rally again. This time, however, this price increase is projected to be more explosive, pushing Pepe to significantly higher levels. Furthermore, the potential surge in March is expected to trigger the start of a unique triangle pattern for the price. From April to November 2025, Pepe is expected to enter a prolonged consolidation period marked by slight price increases and declines.

Around November and December 2025, Captain Faibik predicts a substantial 326.64% price rally for Pepe, potentially pushing its price to $0.00003474, possibly even above the $0.00004 mark. This anticipated spike would effectively send the price of Pepe to new all time highs by the end of 2025.

Currently, Pepe trades at $0.0000089. A rally to the $0.00003474 level would see the cryptocurrency effectively drop a zero, marking a crucial milestone in its growth trajectory. A jump above $0.00004 would also represent a 349.44% increase from present price levels.

According to crypto analyst Max on X (formerly Twitter), Pepe is experiencing a similar set of price movements to those seen in Dogecoin in late 2020, just before the 2021 bull run. The analyst revealed that this bullish price action is coming just as Bitcoin is on the verge of hitting a new ATH this bull cycle.

Max has expressed confidence that Pepe could become the leading meme coin in this current market cycle, much like Dogecoin was during the bull run in 2021. With the belief that the frog themed meme coin is on the verge of a significant rally, the analyst warns investors to consider jumping on the Pepe bandwagon.

News source:www.newsbtc.com

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Other articles published on Nov 02, 2024