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<p><span style="font-weight: 400;">The Pepe price dropped 8% in the last 24 hours </span><a href="https://coinmarketcap.com/currencies/pepe/" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">to trade at $0.00000706</span></a><span style="font-weight: 400;"> as of 00:25 a.m. EST on trading volume that plunged 12% to $2.67 billion.</span></p>
<p><span style="font-weight: 400;">This comes as Pepe ranks third among top-performing meme coins after surging 110% in the last seven days.</span></p>
<h2 id="span-style-font-weight-400-pepe-price-bulls-remain-resilient-as-they-sustain-the-bullish-momentum-span"><span style="font-weight: 400;">Pepe Price Bulls Remain Resilient As They Sustain The Bullish Momentum</span></h2>
<figure id="attachment_486653" aria-describedby="caption-attachment-486653" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="size-full wp-image-486653" src="https://insidebitcoins.com/wp-content/uploads/2024/03/PEPEUSDT_2024-03-07_08-25-02.png" alt="Pepe Price Chart Analysis Source: Tradingview.com" width="1281" height="555" srcset="https://insidebitcoins.com/wp-content/uploads/2024/03/PEPEUSDT_2024-03-07_08-25-02.png 1281w, https://insidebitcoins.com/wp-content/uploads/2024/03/PEPEUSDT_2024-03-07_08-25-02-300x130.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/03/PEPEUSDT_2024-03-07_08-25-02-1024x444.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/03/PEPEUSDT_2024-03-07_08-25-02-768x333.png 768w" sizes="(max-width: 1281px) 100vw, 1281px">
 <figcaption id="caption-attachment-486653" class="wp-caption-text">
  PEPEUSD Chart Analysis Source: Tradingview.com
 </figcaption>
</figure>
<p><span style="font-weight: 400;">The Pepe bulls have been resilient in March, rallying the price to a new all-time high at $0.00000873, which marked the immediate resistance. The bears have taken control of the price after this threshold, forming an inverse head-and-shoulders pattern as the price aims for a breakout.</span></p>
<p><span style="font-weight: 400;">PEPE is currently trading slightly above the 200-day Simple Moving Average (SMA) on the 30-minute chart, which is a confirmation of the sustained bullish momentum. If the bulls continue rallying the price, they will eventually overcome the 50-day SMA hurdle.</span></p>
<p><span style="font-weight: 400;">Additionally, the Relative Strength Index (RSI) is showing clear signs of a rebound, pushing toward the north from the oversold region at 37.</span></p>
<p><img decoding="async" class="alignnone size-full wp-image-486656" src="https://insidebitcoins.com/wp-content/uploads/2024/03/PEPEMACD.png" alt="PEPEMACD" width="1265" height="251" srcset="https://insidebitcoins.com/wp-content/uploads/2024/03/PEPEMACD.png 1265w, https://insidebitcoins.com/wp-content/uploads/2024/03/PEPEMACD-300x60.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/03/PEPEMACD-1024x203.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/03/PEPEMACD-768x152.png 768w" sizes="(max-width: 1265px) 100vw, 1265px"></p>
<p><span style="font-weight: 400;">Moreover, the Moving Average Convergence Divergence (MACD) supports the slight retrace, as the moving average line (blue) crosses slightly below the signal line (orange), but with signs of a rebound. The red bars on the histogram also support the looming reversal as they diminish heading towards the zero line.</span></p>
<p><span style="font-weight: 400;">Additionally, the Average Directional Index (ADX) supports the growing bullish trend as it moves north at level 29.</span></p>
<h2 id="span-style-font-weight-400-pepe-price-prediction-span"><span style="font-weight: 400;">Pepe Price Prediction</span></h2>
<p><span style="font-weight: 400;">All the Pepe price indicators show a looming bullish rally, with the RSI and ADX showing continued optimism among traders as they add their positions. The enhanced buying pressure could see Pepe soar above the neckline established at $0.00000833, as they aim for prices over $0.000010.</span></p>
<p><span style="font-weight: 400;">Other analysts are also in support of the bullish stance, predicting a rally to $0.000010.</span></p>
<p><iframe title="PEPE COIN PRICE UPDATE | PEPE COIN NEWS (CRAZY PUMP!!)" width="640" height="360" src="https://www.youtube.com/embed/FJAswKbNXjU?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe></p>
<p><span style="font-weight: 400;">However, the MACD is still below the zero line as it trends downward. If the bears sustain this movement, it could see the price retrace back to the support zone at $0.00000501, acting as a cushion against downward pressure.</span></p>
<p><span style="font-weight: 400;">Meanwhile, investors looking for an alternative </span><a href="https://insidebitcoins.com/buy-cryptocurrency/best-meme-coins" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">meme coin</span></a><span style="font-weight: 400;"> for fast gains are buying PEEN coin, a token in its early stages that some analysts say might 100X on launch.</span></p>
<h2 id="span-style-font-weight-400-peen-coin-a-new-meme-coin-to-watch-span"><span style="font-weight: 400;">PEEN Coin: A New Meme Coin To Watch</span></h2>
<p><a href="https://insidebitcoins.com/visit/peen" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">PEEN token</span></a><span style="font-weight: 400;">, a new meme coin listed on the Uniswap decentralized exchange (DEX), has surged in price, seeing a 38% increase in the last 24 hours.</span></p>
<p><span style="font-weight: 400;">As meme coins create a frenzy in the crypto market, investors are also seeing PEEN as the latest target in the hunt for the next Shiba Inu.</span></p>
<p><span style="font-weight: 400;">The token combines male-organ-focused imagery and crude humor, and says its aim is to be the “baddest” meme coin in the market.&nbsp;</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">CUM TOGETHER!! 🙏</p>
 <p>ALL YOU NEED IS <a href="https://twitter.com/search?q=%24PEEN&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$PEEN</a><a href="https://twitter.com/hashtag/MemeCoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#MemeCoin</a> <a href="https://twitter.com/hashtag/Alts?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Alts</a> <a href="https://twitter.com/hashtag/AltSeason?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#AltSeason</a> <a href="https://twitter.com/hashtag/Altcoins?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Altcoins</a> <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Crypto</a> <a href="https://twitter.com/hashtag/Presale?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Presale</a> <a href="https://twitter.com/hashtag/PEEN?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#PEEN</a> <a href="https://twitter.com/hashtag/PEPE?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#PEPE</a> <a href="https://t.co/niqWiXr0vI" rel="noopener noreferrer nofollow">pic.twitter.com/niqWiXr0vI</a></p>
 <p>— PEENTOKEN (@PEENTOKEN) <a href="https://twitter.com/PEENTOKEN/status/1764969182066508037?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">March 5, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p><span style="font-weight: 400;">PEEN is a project inspired by Seth from Superbad, with an inclination for phallic imagery.</span></p>
<p><span style="font-weight: 400;">As the crypto market prepares for the halving event coming in April, Bitcoin is rallying towards a new all-time high, and therefore a thirst for risk is growing in the meme coin category.</span></p>
<h2 id="span-style-font-weight-400-buy-peen-potential-100x-gains-span"><span style="font-weight: 400;">Buy $PEEN, Potential 100X Gains&nbsp;</span></h2>
<p><span style="font-weight: 400;">Based on goals outlined in its whitepaper, Peen aims to penetrate the market fully and build a $100 million market cap</span><span style="font-weight: 400;">. If this were achieved, it would mean a 100X increase from its current $901,000 market cap.</span></p>
<figure id="attachment_486658" aria-describedby="caption-attachment-486658" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="size-full wp-image-486658" src="https://insidebitcoins.com/wp-content/uploads/2024/03/dexscreener.com_PEEN_WETH_2024-03-07_11-07-53.png" alt="PEENUSD Chart Analysis Source: Dexscreener.com" width="1925" height="746" srcset="https://insidebitcoins.com/wp-content/uploads/2024/03/dexscreener.com_PEEN_WETH_2024-03-07_11-07-53.png 1925w, https://insidebitcoins.com/wp-content/uploads/2024/03/dexscreener.com_PEEN_WETH_2024-03-07_11-07-53-300x116.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/03/dexscreener.com_PEEN_WETH_2024-03-07_11-07-53-1024x397.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/03/dexscreener.com_PEEN_WETH_2024-03-07_11-07-53-768x298.png 768w, https://insidebitcoins.com/wp-content/uploads/2024/03/dexscreener.com_PEEN_WETH_2024-03-07_11-07-53-1536x595.png 1536w" sizes="(max-width: 1925px) 100vw, 1925px">
 <figcaption id="caption-attachment-486658" class="wp-caption-text">
  PEENUSD Chart Analysis Source: Dexscreener.com
 </figcaption>
</figure>
<p><span style="font-weight: 400;">Learn more about Peen and </span><span style="font-weight: 400;">buy the token</span> <a href="https://insidebitcoins.com/visit/peen" rel="noopener noreferrer nofollow">here</a>.</p>
<h2 id="span-style-font-weight-400-related-news-span"><span style="font-weight: 400;">Related News</span></h2>
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Pepe Price Prediction: Top Trending PEPE Plunges 8%, But This Meme Coin Competitor Surged 38% – Next Shiba Inu?

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