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Cryptocurrency News Articles

Pepe, Toncoin, and Lunex Network (LNEX) Record Impressive Price Performances, Setting the Stage for a Bullish Q4

Nov 16, 2024 at 04:00 am

Boosting a market cap of over $6.5B, Pepe continues to record an impressive price performance, surging by over 39% in just a week.

Pepe, Toncoin, and Lunex Network (LNEX) Record Impressive Price Performances, Setting the Stage for a Bullish Q4

Pepe Surges Over 39% In A Week, Targeting New ATH Before 2023

Pepe has been boosting a market cap of over $6.5B, continuing to record an impressive price performance. The token has surged by over 39% in just a week, bringing Pepe’s price to $0.00001307. Moreover, this level has been denoted as a crucial point for Pepe’s price breakout in an upside move.

According to a post by Altcoin Sherpa, the PEPE coin must break this trendline to activate a parabolic surge to a new ATH. The technical indicators are also backing this bold price prediction for PEPE with the token trading above the 50 and 100-day EMAs. Moreover, the RSI is at 81, suggesting that the token is in an overbought region.

However, a further breakout past the $0.000015 region will see the Pepe token target its ATH of $0.00001717 while aiming for the $0.00002 region before the year ends.

Pepe Price Analysis March 2023 - Will PEPE Finally Surpass ATH?

Pepe began the year 2023 with a price of $7.4e-6, which was followed by a 20X surge to hit a high of $0.000014 by March 2023. This surge was mainly attributed to the launch of the Pepe Pay application, which saw the token hit a new ATH of $0.00001717 on March 22.

After hitting this new all-time high, Pepe’s price faced resistance at the $0.000015 region, which led to a slight sell-off as traders booked profits from the recent bullish momentum. However, the token found support at the $0.000013 level before surging again.

Pepe Surges Over 55% In A Month, Targeting New Highs Before 2024

Pepe has been showing a strong bullish continuation as it moves from key support regions to retest minor resistance levels. This bullish momentum has seen the token record a monthly surge of over 55%.

The token began the month of March trading at a price of $7.4e-6, which was followed by a 20X surge to hit a high of $0.000014 by March 2023. This bullish momentum was mainly attributed to the launch of the Pepe Pay application, which saw the token hit a new ATH of $0.00001717 on March 22.

After hitting this new all-time high, Pepe’s price faced resistance at the $0.000015 region, which led to a slight sell-off as traders booked profits from the recent bullish momentum. However, the token found support at the $0.000013 level before surging again.

Pepe Price Analysis: Can It Reach $0.00002 Before 2025?

Pepe has been trading above the 50 and 100-day EMAs, as the RSI is at 81, suggesting that the token is in an overbought region. However, a further breakout past the $0.000015 region will see the Pepe token target its ATH of $0.00001717 while aiming for the $0.00002 region before the year ends.

Moreover, technical indicators are backing this bold price prediction for PEPE with the token also set to hit new all-time highs in 2025. A bullish continuation from 2024 will see the token rally to hit the $0.00003 price target.

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Other articles published on Nov 16, 2024