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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 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.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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