Memecoin

Resistance

The PEPE

<ul class="list-ic vertical">
 <li><span>1</span> <a>The PEPE memecoin price displayed an uptrend and is holding gains near the 50-day EMA mark.</a></li>
 <li><span>2</span> <a>Buyers are looking aggressive and are eyeing to cross the $0.00000900 mark.</a></li>
</ul>
<p>The PEPE token price signifies an uptrend and decisively holds gains near the 50-day EMA support zone. This month, the price action showcases the range-bound moves and hovers near the primary support zone of $0.00000600. The trend is bullish, and a bullish flag pattern was spotted on the charts. Moreover, the token may continue to spread the bullish waves and will soon surpass the prompt 52-week high zone of $0.0000100.</p>
<p>At press time, the PEPE token (PEPE) price was trading at $0.00000668 with an intraday gain of 1.65%, reflecting neutrality on the charts. It has a monthly return ratio of -6.67% and 240.89% on a yearly basis. The pair of PEPE/BTC is at 0.000153 BTC, and the market cap is $2.80 Billion. Analysts are neutral and suggest that the PEPE price may continue to outperform and will cross the upside of $$0.00000900 mark.</p>
<h2 class="wp-block-heading" id="strong-pepe-price-to-volume-profile-reveal-bullishness-strong"><strong>PEPE Price-to-Volume Profile Reveal Bullishness</strong></h2> <iframe loading="lazy" title="Santiment Chart: Price (PEPE), Volume (PEPE)" width="1170" height="425" src="https://embed.santiment.net/chart?ps=kucoin-shares&amp;pt=KCS&amp;df=2023-10-06T18%3A29%3A59.597Z&amp;dt=2024-04-06T18%3A29%3A59.597Z&amp;sat=shchcfg_Hh3CtAHdOPys&amp;emcg=1&amp;emhwm=1&amp;wm=%5B1%3Bprice_usd%3Bpepe%3BPEPE%5D%3B%5B1%3Bvolume_usd%3Bpepe%3BPEPE%5D&amp;wax=0%3B1&amp;wc=%23FF5B5B%3B%23FFCB47&amp;ws=%7B%22interval%22%3A%221d%22%7D%3B%7B%22node%22%3A%22line%22%7D" scrolling="no"></iframe>
<p>The PEPE token price showcased an uptrend and decisively held the gains near the 50-day EMA mark. The token has delivered consolidating moves and is attempting to cross the prompt hurdle of $0.00000800 to resume the buying momentum. The intraday trading volume dropped over 38.26% to $469.08 million, signifying a drop in investors’ interest.</p>
<h3 class="wp-block-heading" id="strong-price-volatility-and-weighted-sentiment-data-looks-neutral-strong"><strong>Price Volatility and Weighted Sentiment Data Looks Neutral&nbsp;</strong></h3> <iframe loading="lazy" title="Santiment Chart: Price Volatility 1d (PEPE), Weighted sentiment (Total) (PEPE)" width="1170" height="425" src="https://embed.santiment.net/chart?ps=kucoin-shares&amp;pt=KCS&amp;df=2023-10-06T18%3A29%3A59.597Z&amp;dt=2024-04-06T18%3A29%3A59.597Z&amp;sat=shchcfg_Hh3CtAHdOPys&amp;emcg=1&amp;emhwm=1&amp;wm=%5B1%3Bprice_volatility_1d%3Bpepe%3BPEPE%5D%3B%5B1%3Bsentiment_volume_consumed_total%3Bpepe%3BPEPE%5D&amp;wax=0%3B1&amp;wc=%23FF5B5B%3B%23FFCB47&amp;ws=%7B%22interval%22%3A%221d%22%7D%3B" scrolling="no"></iframe>
<p>Following the <a href="https://www.thecoinrepublic.com/2024/04/03/hnt-price-prediction-bulls-in-trouble-will-they-secure-5-mark/" target="_blank" rel="noopener noreferrer nofollow">price </a>consolidation, the price volatility data signifies a decrease, and the value drops over 22% to 0.013. However, the weighted sentiment replicated a bounce over 36% and retained the positive region near the 0.532 mark, which implies a positive outlook.</p>
<h3 class="wp-block-heading" id="strong-social-dominance-and-twitter-followers-outlook-strong"><strong>Social Dominance and Twitter Followers Outlook</strong></h3> <iframe loading="lazy" title="Santiment Chart: Social Dominance (PEPE), Twitter Followers 7d (PEPE)" width="1170" height="425" src="https://embed.santiment.net/chart?ps=kucoin-shares&amp;pt=KCS&amp;df=2023-10-06T18%3A29%3A59.597Z&amp;dt=2024-04-06T18%3A29%3A59.597Z&amp;sat=shchcfg_Hh3CtAHdOPys&amp;emcg=1&amp;emhwm=1&amp;wm=%5B1%3Bsocial_dominance_total%3Bpepe%3BPEPE%5D%3B%5B1%3Btwitter_followers_7d%3Bpepe%3BPEPE%5D&amp;wax=0%3B1&amp;wc=%23FF5B5B%3B%23FFCB47&amp;ws=%7B%22interval%22%3A%221d%22%7D%3B" scrolling="no"></iframe>
<p>The data indicates average movements in the social dominance data, and the value remained close to the midline region, noted around 0.902%, replicating a positive outlook. However, the Twitter followers signified a drop of over 120%, dragging to 12k.</p>
<h4 class="wp-block-heading"><strong>What Does Active Addresses and Amount of Holders Data Indicate?</strong></h4> <iframe loading="lazy" title="Santiment Chart: Total Amount Of Holders (PEPE), Active Addresses 7d (PEPE)" width="1170" height="425" src="https://embed.santiment.net/chart?ps=kucoin-shares&amp;pt=KCS&amp;df=2023-10-06T18%3A29%3A59.597Z&amp;dt=2024-04-06T18%3A29%3A59.597Z&amp;sat=shchcfg_Hh3CtAHdOPys&amp;emcg=1&amp;emhwm=1&amp;wm=%5B1%3Bholders_distribution_total%3Bpepe%3BPEPE%5D%3B%5B1%3Bactive_addresses_7d%3Bpepe%3BPEPE%5D&amp;wax=0%3B1&amp;wc=%23FF5B5B%3B%23FFCB47&amp;ws=%3B%7B%22interval%22%3A%221d%22%7D" scrolling="no"></iframe>
<p>Per the data, the active addresses kept decreasing slowly &amp; steadily and dropped to 19.4k. In contrast, the number of holders depicts a consistent up move, reaching the 199k mark and signifying a positive outlook.</p>
<p>Per the Fib levels, the PEPE token price has sustained gains above the 50% zone and is trading near the upper Bollinger band, and the price is close to the resistance mark of $0.00000750. The RSI curve stayed in the overbought region and reflected a convergence of the signal line with the RSI line on the charts.&nbsp;</p>
<p>The total supply of the PEPE token is 420.69 trillion, whereas the volume-to-market cap ratio is 0.167, and it stands at 44 per the market cap in the global crypto market.</p>
<h3 class="wp-block-heading" id="strong-summary-strong"><strong>Summary</strong></h3>
<p>The PEPE token price has decisively held the gains near the 50-day EMA mark close to the $0.000006500 level. Amidst the market reversal, the token could not lose gains and is poised to outperform. The token will resume delivering bullish waves and may soon cross the 52-week high zone above $0.0000100.</p>
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4>
<p><strong>Support Levels:</strong> $0.00000620 and $0.00000570</p>
<p><strong>Resistance Levels:</strong> $0.00000750 and $0.00000850</p>
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5>
<p>The views and opinions stated by the author or any other person named in this article are for informational purposes only and do not constitute financial, investment, or other advice.&nbsp;</p>

PEPE Price Prediction: Is the PEPE Memecoin Poised to Outperform?

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Thecoinrepublic.com

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