{"id":595881,"date":"2024-11-08T08:00:45","date_gmt":"2024-11-08T08:00:45","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=595881"},"modified":"2024-11-08T08:00:45","modified_gmt":"2024-11-08T08:00:45","slug":"pepe-price-prediction-pepe-surges-19-in-a-week-as-this-upgraded-competitor-goes-ballistic-after-launching-rival-to-solanas-pump-fun","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/pepe-price-prediction-pepe-surges-19-in-a-week-as-this-upgraded-competitor-goes-ballistic-after-launching-rival-to-solanas-pump-fun","title":{"rendered":"Pepe Price Prediction: PEPE Surges 19% In A Week As This Upgraded Competitor Goes Ballistic After Launching Rival To Solana’s Pump.Fun"},"content":{"rendered":"
The Pepe price surged 19% in the last week and 5% in the last 24 hours <\/span>to trade at $0.00001085<\/span><\/a> as of 11:30 p.m. EST on trading volume that plunged 5% to $2.7 billion.<\/span><\/p>\n The Pepe price has finally breached the upper boundary of the descending triangle pattern at the $0.00001013 resistance to the current price, according to data from <\/span>GeckoTerminal<\/span><\/a>. The Pepe price bulls are now aiming at a new resistance higher above, as the main indicators show positive momentum.<\/span><\/p>\n PEPE now trades above both the 50-day and 200-day Simple Moving Averages (SMAs), a confirmation of the uptrend. Moreover, the 50-day SMA is now closing in on the 200-day SMA< which may form a golden cross in the coming days, further cementing the general bullish prospects.<\/span><\/p>\n The Relative Strength Index (RSI) is now soaring towards the 70-overbought region on the 1-day chart. This is an indication that buying pressure is picking up at this level, which could push the price of Pepe towards the next resistance zone.<\/span><\/p>\n The Moving Average Convergence Divergence (MACD) is also positive, as the blue MACD line crosses above the orange signal line, which represents a bullish crossover.<\/span><\/p>\nPepe Price Poised For A Continued Rally<\/h2>\n