Pepe

when

NEXT GEN PEPE

The post <a href="https://coinpedia.org/price-analysis/here-is-whats-next-for-pepe-pepe-price-rally-will-it-reach-0-000015-this-week/" rel="noopener noreferrer nofollow">Here is What’s Next for Pepe (PEPE) Price Rally: Will it Reach $0.000015 This Week?</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a>
The <a href="https://coinpedia.org/price-prediction/pepecoin-pepe-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">Pepe price</a> is rising again! Memecoins, along with other popular altcoins, are gaining traction as the BTC price maintains an upward trend. After breaking above the bullish pattern, the PEPE price is following a consolidated upswing, forming consecutive higher highs and lows. This suggests the price is prone to extended bullish action, provided the bulls gain more exposure and a chance to uplift buying pressure with a significant influx of volume.&nbsp;
The popular memecoin appears to have undertaken a diverse plan to reclaim the lost levels and eventually mark a new ATH. The price is forming consecutive higher highs as it intends to mark another upswing of over 40%. The token is about to begin with a fresh bullish wave, which may elevate the levels above the 1 FIB level, $0.00001054. Currently, a notable pullback has dragged the levels below $0.00001, but it appears to be a short-lived consolidation.&nbsp;
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/KaoiA1G5geKYcE2r2GyCRAMrzq1GMw54V3CyP6qJl__6OyJr35myFyNjPZRUx4_wPJ-c8AO7V4XjEu2PFeoQeChshLxuQXiy0YvqLziyXf6RsPRGYkGfhfeoRK6vNhvXvDMHoLm-3fMNbJarqK8Bs9I" alt="">
</figure>
The price recently formed a new ATH at $0.00001156 a few days ago, which was followed by a notable pullback. However, the bulls have jumped in at the right time and hence it appears that a new ATH may be on its way. But when and at what levels?
Along with the price, the RSI is also forming constant higher highs and lows, which indicates the bulls are holding a significant dominance. Meanwhile, the volume continues to drop, suggesting a drop in bearish strength. Therefore, maintaining an ascending trend, the PEPE price is believed to mark a new ATH before the end of the month, somewhere at 1.2 FIB levels at $0.00001306.

Here is What’s Next for Pepe (PEPE) Price Rally: Will it Reach $0.000015 This Week?

CoinPedia News

Other articles published on May 20, 2024

Investors Increase Inflows into Crypto Assets

Bitcoin Smashes $70K, Ethereum Pumps 12% On ETF Approval Bombshell: 'Odds Of Approval 75%,' Tweet...

Pudgy Penguins Expands Its NFT-inspired Toy Offering To Australia

Investors Bet on Affordable Altcoins

XRP Holders In Panic Selling Frenzy? Sub-$0.50 Looms

Digital Asset Inflows Surge to $932M After CPI Report

Join our free newsletter for daily crypto updates!