Pepe Price Prediction: PEPE Trends No. 1 On DEXTools After Soaring 7%, But Experts Say Consider Buying This 2.0 Rival Before Time Runs Out
The Pepe price soared 7% in the last 24 hours to trade at $0.00000997 as of 02:14 a.m. EST on trading volume that jumped 35% to $2 billion. The surge in the PEPE price has made the meme coin the number 1 trending token on DEXTools. Pepe Price Can Still Rebound The PEPE price chart on the 3-day timeframe shows that the asset has gone through a significant bullish phase, marked by a strong uptrend that lasted through most of 2024. This rally was supported by a rounding bottom pattern in the last quarter, which led to a breakout. However, the Pepe price failed to sustain its highs around $0.00002836 and started forming a rounded top pattern, a sign of a possible trend reversal. Recently, the price of PEPE has broken below the 50-period Simple Moving Average (SMA) on the 3-day chart at $0.00001488, indicating weakening bullish momentum. Moreover, the price is approaching a critical support zone around $0.00000887 to $0.00000653, which will be essential in determining PEPE’s next...