Key Takeaways
- PEPE coin hits over 100% gains as price rebounds from its low of $0.000006, generating much buzz.
- Current market sentiment for the market and PEPE coin is bullish as crypto experts and investors expect new highs.
- PEPE price trading above its 50-day and 200-day EMAs is a strong sign of bullish price continuation to the upside.
PEPE coin is going parabolic, with an over 40% rally in the last 24 hours following its price breakout. Crypto experts and investors are beginning to build strong positions in the last few hours of its price rally.
This recent price breakout has gained much buzz in the crypto space. PEPE coin’s 30-day rally has indicated a 90% price growth since its crash from a new all-time high of $0.000028, as the price crashed over 70% towards a region of $0.000006.
The price of PEPE coin breaking out above its high of $0.000012 is a strong bullish sign for price as the price of PEPE coin could continue current bullish price action to the upside in the coming weeks as speculation for PEPE coin suggest price could attempt to break above its previous highs setting up a new all-time highs.
PEPE Coin Market Sentiment
Following its bullish price action, the PEPE coin team tweeted on their X account that “Nothing Can Stop This,” indicating strong bullish price action for PEPE as current market sentiment has gone from fear to green with the last few weeks, as its community is generating much buzz.
Recent price action for PEPE also suggests the price could continue its bullish rally above the 50-day and 200-day Exponential Moving Averages (EMAs), which act as support and indicate that the bullish trend is gaining momentum.
Another key reason for PEPE coin’s price rally has also been attributed to the market rally. Ethereum’s price showed incredible price action, trading above $2,000, as altcoins and meme coins could follow the market uptrend, outperforming larger caps like Bitcoin.
PEPE Coin Price Prediction
Source – PEPE Coin Price Chart From Coinmarketcap
The recent price recovery for PEPE coin has sparked quite a buzz in the crypto space as the frog-themed memecoin is on a rampage from a low of $0.000006 to over 100% price growth suggesting the price of PEPE coin continue this strong rally to a new all-time highs as higher timeframe market structure has flipped bullish.
On-chain data suggest whales have been accumulating PEPE following a strong breakout in the past few days. These investors and top crypto analysts are speculating a similar price rally demonstrated by PEPE in previous months, hitting new highs exceeding the PEPE price predictions of many crypto experts.
While predicting the PEPE coin’s price to $1 seems too wild, there is a high possibility of the coin cancelling 1-2 zeros from its current price. It could become astronomical for many traders who have taken advantage of buying PEPE during market uncertainties.
FAQs
Can Pepe coin Reach $1 Dollar?
While such price prediction could put PEPE on the lips of many traders and investors, achieving this would require enormous marketcap and volume.
How High Can Pepe Go In 2025?
PEPE coin has the prospect of eliminating 2 zeros before the end of 2025.
