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11 months ago
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ARTICLE AD BOX
- Bullish PEPE price prediction for 2023 is $0.000001893 to $0.000002846.
- Pepe (PEPE) price might reach $0.000005 soon.
- Bearish (PEPE) price prediction for 2023 is $0.000000851.
In this Pepe (PEPE) price prediction 2023, 2024-2030, we will analyze the price patterns of PEPE by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency.
TABLE OF CONTENTS |
INTRODUCTION |
|
PEPE (PEPE) PRICE PREDICTION 2023 |
|
| PEPE (PEPE) PRICE PREDICTION 2024, 2025, 2026-2030 |
| CONCLUSION |
| FAQ |
Pepe (PEPE) Current Market Status
| Current Price | $0.000001466 | 24 – Hour Price Change | 0.83% High |
| 24 – Hour Trading Volume | $294,499,062 |
| Market Cap | />$614,027,179 |
| Circulating Supply | 420,689,899,999,995 PEPE | All – Time High | $0.000004354 (On May 05, 2023) |
| All – Time Low | $0.00000002764 (On Apr 17, 2023) |
What is Pepe (PEPE)
| TICKER | PEPE |
| BLOCKCHAIN | Ethereum |
| CATEGORY | Memecoin |
| LAUNCHED ON | April 2023 |
| UTILITIES | Governance, security, gas fees & rewards |
A deflationary memecoin launched on Ethereum is PEPE. PEPE presents a unique offering within the meme coin market by building upon the legacy of Pepe the Frog, a character with a longstanding and controversial history. PEPE‘s burning mechanism further highlights its distinct nature, aiming to maintain scarcity within the market.
PEPE is an ERC-20 token on the Ethereum blockchain, which is secured by the Proof-of-Stake (PoS) consensus mechanism. Decentralized validators stake 32 ETH to process transactions and secure the network.
Pepe 24H Technicals
(Source: TradingView)
Pepe (PEPE) Price Prediction 2023
Pepe (PEPE) ranks 98th on CoinMarketCap in terms of its market capitalization. The overview of the Pepe price prediction for 2023 is explained below with a daily time frame.
PEPE/USDT Inverted Head & Shoulder Pattern (Source: TradingView)
In the above chart, Pepe (PEPE) laid out an inverted head & shoulder pattern. The inverted head and shoulders pattern is used as an indicator. This pattern is related to the reversal of the downward trend in prices. This is one of the most common signs of reversal. When the price drops, it will hit a bottom (trough), and then start to recover and rise. Market resistance pushed it back to another trough.
The price fell to the point where the market could not maintain a lower price, and the price began to rise again. Again, market resistance pushed prices down, and prices fell for the last time. If the market cannot support the lower price, the previous low will not be made. This will trigger a higher low before the price rises again. This movement produces three valleys or troughs called the left shoulder, the head, and the right shoulder.
At the time of analysis, the price of Pepe (PEPE) was recorded at $0.000001466. If the pattern trend continues, then the price of PEPE might reach the resistance levels of $0.000001719, and $0.000005136. If the trend reverses, then the price of PEPE may fall to the support of $0.000000947, and $0.000000595.
Pepe (PEPE) Resistance and Support Levels
The chart given below elucidates the possible resistance and support levels of Pepe (PEPE) in 2023.
PEPE/USDT Resistance and Support Levels (Source: TradingView)
From the above chart, we can analyze and identify the following as resistance and support levels of Pepe (PEPE) for 2023.
| Resistance Level 1 | $0.000001893 |
| Resistance Level 2 | $0.000002846 |
| Support Level 1 | $0.000001241 |
| Support Level 2 | $0.000000851 |
PEPE Resistance & Support Levels
Pepe (PEPE) Price Prediction 2023 — RVOL, MA, and RSI
The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Pepe (PEPE) are shown in the chart below.
PEPE/USDT RVOL, MA, RSI (Source: TradingView)
From the readings on the chart above, we can make the following inferences regarding the current Pepe (PEPE) market in 2023.
| INDICATOR | PURPOSE | READING | INFERENCE |
| 50-Day Moving Average (50MA) | Nature of the current trend by comparing the average price over 50 days | 50 MA = $0.000001268Price = $0.000001483 (50MA < Price) | Bullish(Uptrend) |
| Relative Strength Index (RSI) | Magnitude of price change;Analyzing oversold & overbought conditions | 56.699619277 <30 = Oversold 50-70 = Neutral>70 = Overbought | Neutral |
| Relative Volume (RVOL) | Asset’s trading volume in relation to its recent average volumes | Below cutoff line | Weak Volume |
Pepe (PEPE) Price Prediction 2023 — ADX, RVI
In the chart below, we analyze the strength and volatility of Pepe (PEPE) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).
PEPE/USDT ADX, RVI (Source: TradingView)
From the readings on the chart above, we can make the following inferences regarding the price momentum of Pepe (PEPE).
| INDICATOR | PURPOSE | READING | INFERENCE |
| Average Directional Index (ADX) | Strength of the trend momentum | 17.704675775 | Weak Trend |
| Relative Volatility Index (RVI) | Volatility over a specific period | 49.67 <50 = Low >50 = High | Low Volatility |
Comparison of PEPE with BTC, ETH
Let us now compare the price movements of Pepe (PEPE) with that of Bitcoin (BTC), and Ethereum (ETH).
BTC Vs ETH Vs PEPE Price Comparison (Source: TradingView)
From the above chart, we can interpret that the price action of PEPE is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of PEPE also increases or decreases respectively.
Pepe (PEPE) Price Prediction 2024, 2025 – 2030
With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Pepe (PEPE) between 2024, 2025, 2026, 2027, 2028, 2029 and 2030.
| Year | Bullish Price | Bearish Price |
| Pepe (PEPE) Price Prediction 2024 | $0.000007 | $0.0000008 |
| Pepe (PEPE) Price Prediction 2025 | $0.00001 | $0.0000007 |
| Pepe (PEPE) Price Prediction 2026 | $0.00004 | $0.0000006 |
| Pepe (PEPE) Price Prediction 2027 | $0.00007 | $0.0000005 |
| Pepe (PEPE) Price Prediction 2028 | $0.0002 | $0.0000004 |
| Pepe (PEPE) Price Prediction 2029 | $0.0006 | $0.0000003 |
| Pepe (PEPE) Price Prediction 2030 | $0.001 | $0.0000004 |
Conclusion
If Pepe (PEPE) establishes itself as a good investment in 2023, this year would be favorable to the cryptocurrency. In conclusion, the bullish Pepe (PEPE) price prediction for 2023 is $0.000002846. Comparatively, if unfavorable sentiment is triggered, the bearish Pepe (PEPE) price prediction for 2023 is $0.000000851.
If the market momentum and investors’ sentiment positively elevates, then Pepe (PEPE) might hit $0.000005. Furthermore, with future upgrades and advancements in the Pepe ecosystem, PEPE might surpass its current all-time high (ATH) of $0.000004354 and mark its new ATH.
FAQ
1. What is Pepe (PEPE)?
A deflationary meme coin launched on Ethereum is PEPE. PEPE presents a unique offering within the meme coin market by building upon the legacy of Pepe the Frog, a character with a longstanding and controversial history.
2. Where can you buy Pepe (PEPE)?
Traders can trade Pepe (PEPE) on the following cryptocurrency exchanges such as Binance, OKX, Bybit, Bitunix, and DigiFinex.
3. Will Pepe (PEPE) record a new ATH soon?
With the ongoing developments and upgrades within the Pepe platform, Pepe (PEPE) has a high possibility of reaching its ATH soon.
4. What is the current all-time high (ATH) of Pepe (PEPE)?
Pepe (PEPE) hit its current all-time high (ATH) of $0.000004354 On May 05, 2023
5. What is the lowest price of Pepe (PEPE)?
According to CoinMarketCap, PEPE hit its all-time low (ATL) of $0.00000002764 on Apr 17, 2023.
6. Will Pepe (PEPE) hit $0.000005?
If Pepe (PEPE) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $0.000005 soon.
7. What will be the Pepe (PEPE) price by 2024?
Pepe (PEPE) price might reach $0.000007 by 2024.
8. What will be the Pepe (PEPE) price by 2025?
Pepe (PEPE) price might reach $0.00001 by 2025.
9. What will be the Pepe (PEPE) price by 2026?
Pepe (PEPE) price might reach $0.00004 by 2026.
10. What will be the Pepe (PEPE) price by 2027?
Pepe (PEPE) price might reach $0.00007 by 2027.
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Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.
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