Bitcoin

April

<p>The popular meme cryptocurrency PEPE could be on the verge of a massive price surge, according to technical analysis from <a href="https://www.tradingview.com/chart/PEPEUSD/2XFEw4Jk-Is-PEPE-price-ready-for-a-100-surge/" target="_blank" rel="nofollow">Coinpedia</a> on Tradingview. Their indicators suggest PEPE’s price may double in the near future, potentially setting new all-time highs.</p> 
<p>Currently consolidating within the Bollinger Bands, a volatility indicator, PEPE’s price action points to an imminent bullish breakout according to the analysts. A Bollinger Band contraction on the 4-hour chart hints at an explosive move brewing for the <a class="wpil_keyword_link" href="https://captainaltcoin.com/meme-coins/" title="meme" data-wpil-keyword-link="linked" target="_blank">meme</a> token.</p> 
<p>“The breakout is expected to propel PEPE price to $0.000015, doubling its value from current levels around $0.0000075,” Coinpedia’s report stated. “The cryptocurrency’s Relative Strength Index (RSI) is fluctuating near overbought territory, underscoring growing bullish momentum.”</p> 
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<p>PEPE, with a market capitalization of $3.23 billion, ranks among the top meme coins and has already seen a staggering 181% price increase this month despite a recent pullback. Technical formations like a higher high pattern and solid support around $0.0000850 showcase robust demand.</p> 
<p>The anticipated rally could receive an extra boost from the broader recovery in cryptocurrencies, especially meme and AI-themed tokens which have seen resurgent interest in recent weeks. Investor anticipation is high for a bullish surge among leading meme coins, with PEPE positioned as a prime candidate according to analysts.</p>  
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   Explosion in Meme Coin Market; How to find potential successors to $WIF, $PEPE, and $BONK?
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<p>Coinpedia analysts suggest the upcoming Bitcoin halving event in April could be another catalyst further fueling a PEPE price run. Bitcoin’s stimulative halvings have historically preceded wider crypto market upswings.</p> 
<p>“A successful breakout, coupled with Bitcoin’s bull run, could lead PEPE to surpass its previous all-time high,” the report concluded. For the iconic meme coin, that could mean printing a new record well above its current peak.</p> 
<p>You may also be interested in:</p> 
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 <li><a href="https://captainaltcoin.com/analyst-outlines-path-to-10x-100x-gains-10-under-the-radar-cryptocurrencies-to-watch/" target="_blank">Analyst Outlines Path to 10x-100x Gains: 10 Under-the-Radar Cryptocurrencies to Watch</a></li> 
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<p>The post <a href="https://captainaltcoin.com/why-a-breakout-from-this-price-level-could-spike-pepe-by-100-setting-a-new-all-time-high/">Why Breakout from This Price Level Will Spike PEPE 100%, Setting a New All-Time High</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Why Breakout from This Price Level Will Spike PEPE 100%, Setting a New All-Time High

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