Pepe Coin

Pepe

Coin

<img width="1290" height="1204" src="https://coingape.com/wp-content/uploads/2024/03/pepeee.png" class="attachment-full size-full wp-post-image" alt="meme" decoding="async" style="float:right; margin:0 0 10px 10px;" srcset="https://coingape.com/wp-content/uploads/2024/03/pepeee.png 1290w, https://coingape.com/wp-content/uploads/2024/03/pepeee-300x280.png 300w, https://coingape.com/wp-content/uploads/2024/03/pepeee-1224x1142.png 1224w, https://coingape.com/wp-content/uploads/2024/03/pepeee-768x717.png 768w, https://coingape.com/wp-content/uploads/2024/03/pepeee-150x140.png 150w" sizes="(max-width: 1290px) 100vw, 1290px">
Pepe Coin Price Analysis: With the outrageous bull run gaining momentum, the meme coin rally is signaling the start of a new Altcoins season. Spearheading this supersonic rally on the upside, the <a href="https://coingape.com/trending/pepe-coin-price-surge-traders-made-2-million-in-profits/">PEPE coin</a> is outshining the top contenders not just in the meme sector but the entire crypto market. As the demand for the PEPE grows, will this frog-themed Altcoin take another leap for an 86% hike?&nbsp; 
Also Read: <a href="https://coingape.com/markets/pepe-coin-17-rally-sparks-bullish-excitement-time-to-buy-dog-themed-meme-coins/">Pepe Coin Climbs 240% In A Week: Signal For Upcoming Bull Market in Meme Coins?</a> 
<h2 id="b-rounding-bottom-pattern-governs-the-bullish-trend-b">Rounding Bottom Pattern Governs The Bullish Trend</h2> 
<img decoding="async" src="https://s3.tradingview.com/snapshots/0/0JxC3xiF.png" alt="OKX:PEPEUSDT Chart Image by sahilmahadik07"> 
Amidst the said bull run, the daily chart of the <a href="https://coingape.com/price/pepe-coin/">PEPE price</a> shows a remarkable set of bullish candles undermining the previous season of pullback. Burying the doubts of recovery, the meme coin leaps for a 522% jump from February low at $0.000000867 and refuels the tank for a new breakout run.&nbsp;&nbsp; 
<blockquote>
 Peaking this week’s jump at $0.00000545, the meme coin creates a new all-time high, reflecting the rise in underlying demand. As Pepe trades at $0.00000541, the intraday jump of 23% comes with a trading volume of $1.58 Billion, and the hype for PEPE continues to expand in the market.&nbsp;
</blockquote> 
Further, the daily chart showcases a rounding bottom reversal with this bull run and is ready for a breakout run. Thus, the bull run continues for the PEPE in the daily chart with a new bullish engulfing candle.&nbsp; 
Also Read: <a href="https://coingape.com/whale-dumps-2t-pepe-coin-amid-shiba-inu-hype-pepe-price-dip-ahead/">Whale Dumps 2T Pepe Coin Amid Shiba Inu Hype, PEPE Price Dip Ahead?</a> 
<h2 id="b-pepe-price-see-a-minor-pullback-before-a-leap-to-0-000038-b">PEPE Price See a Minor Pullback Before a Leap to $0.000038</h2> 
Following a bullish surge beyond its previous all-time high and a clear breakout from a rounding bottom pattern, the price of <a href="https://coingape.com/trending/pepe-coin-rich-list-revealed/">PEPE</a> has surged dramatically. Analysis of these patterns suggests a strong likelihood of a 52% increase in the upcoming weeks, potentially elevating the price to $0.000008322.&nbsp; 
Nonetheless, a retest of the breakout level might occur if trading volumes diminish or market conditions deteriorate. This scenario could offer sideline traders a secondary entry point at $0.000004486. 
<ul> 
 <li aria-level="1">Exponential Moving Average: A sudden upswing in the daily <a href="https://coingape.com/education/exponential-moving-average-how-to-leverage-it-in-crypto-market/">EMAs</a>(20,50, and 100) reflects the buyers are aggressive in nature.</li> 
 <li aria-level="1">Relative Strength Indicator: the daily RSI line into the overbought territory indicates the PEPE price is poised for a minor pullback.</li> 
</ul> 
The post <a href="https://coingape.com/markets/pepe-coin-price-analysis-hints-last-pullback-before-a-52/">Pepe Coin Price Analysis Hints Last Pullback Before A 52% Upsurge</a> appeared first on <a href="https://coingape.com">CoinGape</a>.

Pepe Coin Price Analysis Hints Last Pullback Before A 52% Upsurge

Table of Contents

Coingape News Media

Other articles published on Mar 3, 2024

Chainlink founder praises the trajectory of the crypto market

Bitcoin Miners Aren’t Doing So Great: Why? eTukTuk Presale

Igniting Frenzy: Pushd (PUSHD) Presale Hypes Up Ethereum (ETH) and Litecoin (LTC) Investors Globally

BONK Crypto Price Prediction: Will It Reach to New Highs?

Bitcoin BTC’s Elusive $60K Threshold: Navigating Through Its Rarity and Potential Price Discovery...

As Crypto Market Rising, Experts Looking Forward For These Altcoins

Join our free newsletter for daily crypto updates!