{"id":597542,"date":"2024-11-13T08:07:59","date_gmt":"2024-11-13T08:07:59","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=597542"},"modified":"2024-11-13T08:07:59","modified_gmt":"2024-11-13T08:07:59","slug":"pepe-price-prediction-pepe-pumps-4-as-leading-edge-rival-pepe-unchained-barrels-toward-28-million","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/pepe-price-prediction-pepe-pumps-4-as-leading-edge-rival-pepe-unchained-barrels-toward-28-million","title":{"rendered":"Pepe Price Prediction: PEPE Pumps 4% As Leading-Edge Rival Pepe Unchained Barrels Toward $28 Million"},"content":{"rendered":"

The Pepe price jumped 4% in the last 24 hours <\/span>to trade at $0.00001341<\/span><\/a> as of 11:19 p.m. EST on trading volume that surged 41% to $8 billion.<\/span><\/p>\n

The latest pump has taken PEPE’s gains so far this year to a massive 984%.<\/p>\n

Pepe Price On A Sustained Rally<\/h2>\n

According to the PEPE\/USD chart analysis on the 4-hour timeframe, the Pepe price has been on a sustained uptrend, after the bulls capitalized on the $0.0000080 support, data from <\/span>GeckoTerminal<\/span><\/a> shows.<\/span><\/p>\n

PEPE now trades above the both the 50-day and 200-day Simple Moving Averages (SMAs), which is a confirmation of the current uptrend. Moreover, the 50-day SMA has crossed over the 200-day SMA, which has formed a golden cross around $0.000010, further cementing the bullish sentiments.<\/span><\/p>\n

Even though the price of Pepe still traded within the rising channel, the correction from the upper boundary of the channel to the lower boundary has allowed the Relative Strength Index (RSI) to drop from the 70-overbought region to 57.<\/span><\/p>\n

If the surge continues within the channel, the bulls are aiming at PEPE’s all-time high (ATH) at $0.00001717.<\/span><\/p>\n

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

However, if the bears keep pushing the RSI down, the asset may experience some selling pressure, which may result in Pepe plunging even further down to the $0.00001002 support, within the 200-day SMA level.<\/span><\/p>\n

As the Pepe bulls aim for a continued surge, other investors are piling into a new PEPE alternative called <\/span>Pepe Unchained (PEPU)<\/span><\/a>. 99Bitcoins, a crypto channel on YouTube with over 706K subscribers, says PEPU could surge 100X when it launches in about 30 days.<\/span><\/p>\n