The PEPE price has been on a tear, surging nearly 200% in just five weeks! But is this just a temporary pump, or is a significant breakout brewing? Here's what you need to know:
Bullish Signs:
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Rounding Bottom Breakout: A successful post-retest reversal suggests strong underlying demand.
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Technical Indicators: MACD and DMI indicators support a continued uptrend.
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Altcoin Season Hype: Growing anticipation for a surge in alternative coins could fuel PEPE's rise.
Potential Hurdles:
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Intraday Pullback: A recent 6.15% dip indicates possible bull exhaustion.
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Crucial Support: If PEPE falls below $0.000013, a deeper correction might occur.
The Verdict:
PEPE is technically positioned for a potential 40% jump to $0.000020 next week. However, the short-term correction and potential support breach raise concerns.
Will PEPE overcome the pullback and reach new highs?
Find out in our full PEPE price analysis! https://coinpedia.org/price-analysis/pepe-price-reveals-upcoming-40-jump-next-week/