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The post <a href="https://coinpedia.org/price-analysis/top-meme-coin-pepe-price-action-hints-at-next-100-upside/">Top Meme Coin Pepe Price Action Hints At Next 100% Upside</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a> 
With the markets taking a leap of recovery this week, the meme and AI coins are quick to capitalize on the positive sentiments. Amidst this relief, the PEPE price shoots up and presents a positive cycle with a breakout opportunity.&nbsp; 
As investors are anticipating a new bullish surge in the top meme coins, the PEPE price stands as a high-potential candidate. Will this breakout lead PEPE to $0.0010 in 2024? Find out more in our <a href="https://coinpedia.org/price-prediction/pepecoin-pepe-price-prediction/">PEPE price prediction</a>.&nbsp; 
<h2 class="wp-block-heading" id="h-pepe-price-performance">PEPE Price Performance</h2> 
Based on a frog-themed meme infamous on Reddit, PEPE has sustained an uptrend since its inception. With a $3.23 Billion market cap, PEPE stands amongst the top meme coins.&nbsp; 
Further, with the ongoing recovery rally and the rising hype and FOMO, the PEPE could soon skyrocket to a new all-time high. This month, the PEPE price has increased by 181% despite a 28% pullback from its all-time high of $0.00001083.&nbsp; 
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<a href="https://www.tradingview.com/x/C2AEO3u2/">TradingView</a> 
Currently, the PEPE price shows a consolidation range with the overhead ceiling at $0.00000850. However, the buyers are preparing for the second breakout attempt as the altcoins take support on the baseline of Bollinger bands.&nbsp; 
Despite a sideways track, the PEPE meme coin projects immense underlying demand and teases a bullish breakout. This is evident from the higher high formation and the bullish barricading at the $0.0000850 mark, avoiding any drops.&nbsp; 
Technical Indicators:&nbsp; 
Bollinger bands: In the 4H timeframe, the prolonging lateral movement in PEPE price leads to a contraction in the Bollinger bands. Hence, as more and more trend momentum coils up, the possibility of a huge breakout move increases.&nbsp; 
RSI: The daily RSI line fluctuates near the halfway line but continues to test the overbought boundary. Hence, a stronger bullish side is evident in the momentum indicator.&nbsp; 
<h2 class="wp-block-heading" id="h-will-pepe-hit-a-new-ath">Will PEPE Hit A New ATH?</h2> 
If the positive cycle leads to a bullish range breakout, the PEPE price surpassing $0.0000085 might challenge the psychological mark of $0.000010. Further, with Bitcoin’s highly anticipated bull run with the Bitcoin Halving in April, the meme coin price could take off from $0.000010. 
Hence, if BTC heads closer to $100K potentially, the PEPE price might reach $0.000015, accounting for an almost 100% surge.&nbsp;

Top Meme Coin Pepe Price Action Hints At Next 100% Upside

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