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Cryptocurrency News Articles

Pepe Price Prediction: PEPE Aims For A Bullish Continuation Trend

Jan 03, 2025 at 03:28 pm

The Pepe price analysis on the 4-hour timeframe shows a mix of consolidation and bullish momentum in recent days.

Pepe Price Prediction: PEPE Aims For A Bullish Continuation Trend

The Pepe price climbed 2% in the last 24 hours to trade at $0.00002029 as of 11:17 p.m. EST on trading volume that surged 21% to $2.3 billion.

Pepe Price Aims For A Bullish Continuation Trend

The Pepe price analysis on the 4-hour timeframe shows a mix of consolidation and bullish momentum in recent days.

Following an extended sideways trading period, the price broke out of a rectangular consolidation zone within the $0.00001714 and $0.00001937 range, according to GeckoTerminal data.

The price of Pepe is now trading slightly above the 50-day Simple Moving Average (SMA) but appears to be struggling to sustain momentum above the 200-day SMA.

This indicates that while short-term momentum has turned positive, the longer-term trend is yet to decisively shift bullish.

The Relative Strength Index (RSI) is currently at 57.47, indicating neutral to slightly bullish momentum. This suggests that the token has room to rally further before hitting overbought conditions.

Meanwhile, the Moving Average Convergence Divergence (MACD) histogram is above the zero line, with the MACD line positioned above the signal line.

This is a bullish signal, indicating that upward momentum is building.

Pepe Price Prediction

A bullish scenario would involve the Pepe price breaking decisively above the 200-day SMA (approximately $0.00002088). If this happens, the PEPE price could target the next resistance around $0.00002300 and potentially higher.

Conversely, a bearish scenario would come into play if the Pepe price fails to hold above the 50-day SMA (around $0.00001883).

This could lead to a retest of the previous consolidation zone or even a drop to lower support levels around $0.00001650.

As the Pepe price aims for a surge, investors are wasting no time buying up a new frog-themed Pepe derivative called Wall Street Pepe (WEPE). Crypto influencer ClayBro, with over 134k subscribers, says it could soar 100X after launch.

Wall Street Pepe Raises Over $39.9 Million

Last month, Pepe Unchained (PEPU) raised a massive $74 million, becoming one of the biggest Web3 meme coin presales of all time. The token’s value exploded after its release, solidifying its place in meme coin history.

Now, Wall Street Pepe ($WEPE) is not only gaining momentum, but actually outpacing PEPU at the same stage of its presale after raising over $39.9 million in a month.

Analysts say $WEPE is on track to surpass $PEPU as the potential meme coin supercycle gains traction in 2025.

Wall Street Pepe is opening the secret world of alpha calls to everybody. Below-the-radar, market-moving news flow will no longer be for whales only.

Wall Street Pepe is building its alpha group for degens who want to beat the whales.

Presale’s flowing. Candles are growing. $WEPE ain’t slowing. 🐸 ⚔️ pic.twitter.com/vqHonzkn1v

— Wall Street Pepe (@WEPEToken) December 30, 2024

With its community-driven approach, Wall Street Pepe is poised to make a whale-sized impact in the market, leveraging the collective strength of its holders.

Equipped with trading secrets and insider alpha calls, $WEPE holders are more than just investors—they’re part of a movement to give the little guys a leg up.

The $WEPE Army trading group will be exclusive to Wall Street Pepe token holders. It will be backed by sophisticated traders who will share their strategies as they keep the community on course for increasing profitability.

Turning doubters into believers since day one. modities price

News source:insidebitcoins.com

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Other articles published on Jan 07, 2025