Blockchain | Cryptocurrency P.CRYPTO$

PEPE Price Prediction: Poised for a 40% Jump Next Week.

[cryptoalerts]

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:

• Rounding Bottom Breakout: A successful post-retest reversal suggests strong underlying demand.

• Technical Indicators: MACD and DMI indicators support a continued uptrend.

• Altcoin Season Hype: Growing anticipation for a surge in alternative coins could fuel PEPE's rise.

Potential Hurdles:

• Intraday Pullback: A recent 6.15% dip indicates possible bull exhaustion.

• 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/