{"id":451939,"date":"2023-10-27T11:24:12","date_gmt":"2023-10-27T11:24:12","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=451939"},"modified":"2023-10-27T12:49:19","modified_gmt":"2023-10-27T12:49:19","slug":"pepe-price-prediction-pepe-pumps-86-in-a-week-and-doubles-its-market-cap-and-this-meme-coin-may-be-the-new-pepe","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/pepe-price-prediction-pepe-pumps-86-in-a-week-and-doubles-its-market-cap-and-this-meme-coin-may-be-the-new-pepe","title":{"rendered":"Pepe Price Prediction: Pepe Pumps 86% In A Week And Doubles Its Market Cap – And This Meme Coin May Be The New Pepe"},"content":{"rendered":"

Pepe coin (PEPE) price <\/span>has experienced an upward surge, with the token <\/span>presently trading at $0.00000122<\/span><\/a> as of 5:27 a.m. EST, signifying a 6% increase in the past 24 hours. The token’s performance over the week is particularly enticing for investors, which indicates an impressive 87% price increase.<\/span><\/p>\n

\"PEPE\/USD
PEPEUSD Chart Analysis. Source: GeckoTerminal.com<\/figcaption><\/figure>\n

PEPE’s price has broken free from a descending channel, indicating the potential for a bullish rally. This presents an exciting opportunity for investors. <\/span><\/p>\n

The price has also crossed above the 50-day Simple Moving Average (SMA) on the daily chart, suggesting a potential shift in the short-term trend. <\/span><\/p>\n

This change is further supported by PEPE’s rebound from the $0.00000062 support level, coinciding with the upper boundary of the descending channel. <\/span><\/p>\n

If the bullish momentum continues, PEPE could exceed the critical resistance level at $0.000001475. <\/span><\/p>\n

Additionally, the relative strength index (RSI) reinforces the bullish sentiment by rebounding from 39 and moving above the overbought region of 70 to reach 81, indicating that the bulls still have the potential to drive generally bullishly on a generally bullish trend, supported by the RSI and the 50-day SMA. <\/span><\/p>\n

This may give the bulls the momentum needed to push the price toward the $0.000001475 and $0.000001900 levels. However, bears might attempt to intervene and initiate a price correction, potentially forcing the bulls to retreat to the $0.000001107 level.<\/span><\/p>\n

Meanwhile, the Meme Kombat Presale has experienced an exceptional surge, approaching its fundraising target as it prepares to launch Season 1 of the Kombat.<\/span><\/p>\n

Meme Kombat (MK): Less than $250k to $1million Target <\/span><\/h2>\n

Meme Kombat<\/span><\/a> is on the brink of a major accomplishment, with just under $250,000 left to reach its $1 million goal. <\/span><\/p>\n

The impressive fundraising achievement of Meme Kombat stands at $766,362, exceeding 60% of its intended $1 million presale objective.<\/span><\/p>\n

\n

Just passed $750k…🏎<\/p>\n

3\/4 of the way there! pic.twitter.com\/Z5zZwTzpQv<\/a><\/p>\n

— Meme Kombat (@Meme_Kombat) October 26, 2023<\/a><\/p><\/blockquote>\n