PEPE Price Prediction: Poised for a 40% Jump Next Week, or Just a Short-Lived Rally?

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PEPE Price Prediction: Poised for a 40% Jump Next Week, or Just a Short-Lived Rally?

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William Martin
·

1 min read

The PEPE price has been on a tear, surging nearly 200% in just five weeks! But is this just a temporary pump, or is a significant breakout brewing? Here's what you need to know:

Bullish Signs:

  • Rounding Bottom Breakout: A successful post-retest reversal suggests strong underlying demand.

  • Technical Indicators: MACD and DMI indicators support a continued uptrend.

  • Altcoin Season Hype: Growing anticipation for a surge in alternative coins could fuel PEPE's rise.

Potential Hurdles:

  • Intraday Pullback: A recent 6.15% dip indicates possible bull exhaustion.

  • Crucial Support: If PEPE falls below $0.000013, a deeper correction might occur.

The Verdict:

PEPE is technically positioned for a potential 40% jump to $0.000020 next week. However, the short-term correction and potential support breach raise concerns.

Will PEPE overcome the pullback and reach new highs?

Find out in our full PEPE price analysis! https://coinpedia.org/price-analysis/pepe-price-reveals-upcoming-40-jump-next-week/

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