PEPE Price Prediction: Sudden Volume Surge Could Trigger Parabolic Run to $1
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The meme coin frenzy is heating up again as PEPE sparks fresh excitement following months of consolidation.
Over the weekend, trading volume surged to $350 million, signaling a potential shift in sentiment for a token known to rally hard on momentum.
According to CoinMarketCap, PEPE is currently priced at $0.000008147 – still down over 70% from its all-time high and trading just below its 20-day EMA of $0.00000827.
PEPE Price Analysis – Where Is PEPE Heading Now?
PEPE recently broke out of a long-standing falling wedge pattern – a structure typically considered bullish. This breakout occurred with a notable uptick in volume – an essential confirmation for bullish continuation.
The breakout appears validated, though price is currently testing the wedge resistance as support, making the next few days critical for trend confirmation.
If the breakout holds, the immediate short-term target lies near $0.00001000, which aligns with the wedge’s upper resistance and local horizontal supply zone. A clean daily close above that could open the path toward $0.00001250, and eventually $0.00001500, which coincides with the December 2023 highs.
On the downside, if the price fails to hold the wedge support (currently around $0.00000750), it could re-enter the pattern and revisit the $0.00000600–$0.00000650 demand zone – invalidating the bullish setup.
PEPE Price Chart. Source: TradingView
The RSI has cooled off from near-overbought levels (70+) and now sits around 50.07, indicating that the recent dip may be a healthy correction within an ongoing bullish setup.
The MACD, while still positive, shows slight bearish convergence, suggesting a potential short-term slowdown in momentum. With volume and narrative both favoring the bulls, the key level to watch is a daily close above $0.00001000 – which could trigger the next leg up.
If momentum carries forward, PEPE could aim for its previous all-time highs near $0.00002500, and in the long-term euphoric scenario, inch toward the $1 mark – a monumental milestone but extremely speculative at current supply levels.
MIND of Pepe Appears to Capitalize on the Bullish Meme Wave with $8.7M Raised
Merging the viral appeal of meme culture with the utility of autonomous artificial intelligence, MIND of Pepe ($MIND), a self-evolving AI agent designed to provide valuable insights to its holders, has raised a massive $8.7 million during its ongoing presale.
With just weeks remaining until the presale ends, MIND of Pepe focuses on using AI to track and analyze crypto trends, particularly on platforms like X (formerly Twitter), to identify early opportunities.
This information is then exclusively shared with $MIND token holders.
Source: MIND of Pepe
Additionally, staking allows $MIND holders to earn impressive rewards at 260% APY.
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