{"id":583942,"date":"2024-10-05T11:11:54","date_gmt":"2024-10-05T11:11:54","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=583942"},"modified":"2024-10-05T11:11:54","modified_gmt":"2024-10-05T11:11:54","slug":"pepe-price-prediction-pepe-pumps-9-as-whales-buy-this-would-be-usurper-thats-surging-towards-18-million-in-presale","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/pepe-price-prediction-pepe-pumps-9-as-whales-buy-this-would-be-usurper-thats-surging-towards-18-million-in-presale","title":{"rendered":"Pepe Price Prediction: PEPE Pumps 9% As Whales Buy This Would-Be Usurper That’s Surging Towards $18 Million In Presale"},"content":{"rendered":"

The Pepe price jumped 9% in the last 24 hours <\/span>to trade at $0.000009462<\/span><\/a> as of 9:06 p.m. EST on trading volume that rose 3% to $1.9 billion.<\/span><\/p>\n

Pepe Price On A Continued Bullish Trend Reversal<\/h2>\n

According to data from <\/span>GeckoTerminal<\/span><\/a>, the Pepe price surged in mid-September, as the bulls seem to have won the struggle for dominance from the $0.0000080. After soaring to the $0.00001163 resistance, the price of Pepe then corrected back to the $0.000008411 support, forming what seems to be a rounding top pattern.<\/span><\/p>\n

The bulls use this support level to stage a bullish trend reversal from the recent correction.<\/span><\/p>\n

PEPE now trades above the 200-day Simple Moving Average (SMA), which shows that the token may still be on a long-term bullish stance. The 50-day SMA now acts as the immediate resistance at $0.000010253.<\/span><\/p>\n

The Relative Strength Index (RSI) is moving towards the 50-midline level, currently at 48, which shows that buyers are actively buying.<\/span><\/p>\n

Moreover, the Moving Average Convergence Divergence (MACD) now soars towards the neutral line, showing that the price of Pepe is currently on positive momentum.<\/span><\/p>\n

If this momentum is sustained, the Pepe price could soar, as the bulls currently target $0.000012.<\/span><\/p>\n

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

However, if the bears gain control of the price at this level, the price of Pepe could plunge back to the $0.000008265 (200-day SMA). <\/span><\/p>\n

As the Pepe price continues its upward trajectory, investors are also piling into the latest Pepe-themed presale sensation <\/span>Pepe Unchained (PEPU)<\/span><\/a>.<\/span><\/p>\n

According to 99Bitcoins, a YouTube channel with over 706K subscribers, this new meme coin could potentially surge by 100X following its launch.<\/span><\/p>\n