The live price of the popular PEPE meme coin currently stands at $0.000010. Over the past month, PEPE has jumped over 28%, and within the last 24 hours, it increased by 4%, reaching $0.000009558. With a massive 1,355% gain over the past year, this frog-themed meme coin has caught the attention of investors. As interest grows, many are eagerly awaiting the PEPE price prediction, especially with recent bullish signals suggesting potential future gains.
Technical Overview
Despite sellers maintaining control, bullish signals are starting to emerge. Key indicators such as the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) suggest a positive trend. Notably, the MACD line, which had been below the signal line (indicating a bearish cycle), has started rising toward the signal line. A crossover could signal the end of PEPE’s bearish pattern and indicate a potential bullish reversal.
Recent Market Activity
PEPE mirrored Bitcoin's movements in early October. After BTC peaked at $64,443 on October 7, PEPE surged to $0.00001078, only to stabilize at around $0.00000987 by October 11. This represents a 7% gain within a week. Trading volume on Binance and OKX saw a massive 376.34% increase, reaching $9.9 million.
PEPE Price Prediction for 2024
By the end of 2024, PEPE could reach a maximum price of $0.000127396, with its price fluctuating between $0.00000055 and $0.00000327396. The average price is expected to hover around $0.0000546198, reflecting a promising outlook for this meme coin.
While PEPE is trading at a 38.29% discount from its all-time high of $0.00004354, its 500% YTD growth supports a potential uptrend in the coming months. Keep an eye on the market for possible bullish reversals as PEPE continues to gain momentum.