{"id":608133,"date":"2024-12-09T08:05:43","date_gmt":"2024-12-09T08:05:43","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=608133"},"modified":"2024-12-09T08:05:43","modified_gmt":"2024-12-09T08:05:43","slug":"pepe-price-prediction-pepe-climbs-20-in-a-week-to-new-ath-and-flips-uni-by-market-cap-but-analysts-say-this-new-meme-coin-might-100x","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/pepe-price-prediction-pepe-climbs-20-in-a-week-to-new-ath-and-flips-uni-by-market-cap-but-analysts-say-this-new-meme-coin-might-100x","title":{"rendered":"Pepe Price Prediction: PEPE Climbs 20% In A Week To New ATH And Flips UNI By Market Cap, But Analysts Say This New Meme Coin Might 100X"},"content":{"rendered":"

The Pepe price climbed 20% in the past week and 2% in the last 24 hours to trade at $0.00002640 as of 11:26 p.m. EST on trading volume that tumbled 15% to $7.3 billion.<\/span><\/p>\n

This comes as PEPE surpassed the Uniswap (UNI) token in terms of market capitalization after the Pepe price soared to an all-time high of $0.00002716. PEPE reached a market capitalization of over $11 billion, surpassing UNI’s $10.8 billion, according to <\/span>CoinGecko<\/span><\/a>.<\/span><\/p>\n

Pepe Price Aims For A Sustained Surge<\/h2>\n

The PEPE\/USD chart displays a strong bullish trend, highlighted by a recent sharp breakout and sustained price momentum to the upside. <\/span><\/p>\n

Before the breakout, the Pepe price consolidated in a sideways range, as indicated by the purple box within the $0.00001875, forming a rounded bottom pattern—a bullish reversal pattern, according to data from <\/span>GeckoTerminal<\/span><\/a>.<\/span><\/p>\n

The rounded bottom pattern has a “neckline” near the 0.00002460 level, and the price has retested this zone before moving higher, confirming its strength as support.<\/span><\/p>\n

The continued surge in the last four days has pushed the price of Pepe to trade above both the 50-day and 200-day Simple Moving Averages (SMAs), which is a strong support of the continued surge.<\/span><\/p>\n

Meanwhile, the Relative Strength Index (RSI) is around the 67 mark and approaching the 70-overbought region. This suggests that the bulls are actively buying the asset, and could continue pushing it to the upside.<\/span><\/p>\n

The Moving Average Convergence Divergence (MACD) line (blue) is above the signal line (orange), with both lines trending upward. This reflects bullish momentum, supported by expanding histogram bars showing increasing strength in the trend.<\/span><\/p>\n

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

Pepe Price Prediction<\/b><\/h2>\n

Given the strong uptrend, the Pepe price could target the next resistance levels near $0.00002800–$0.00003000, as suggested by the upward momentum and lack of significant overhead resistance.<\/span><\/p>\n

If RSI enters the overbought territory, the price might see a minor pullback toward the $0.00002213 support zone or the 50-day SMA ($0.00002200 region) before continuing upward.<\/span><\/p>\n

Meanwhile, investors are flocking to a newly launched Pepe alternative called <\/span>Wall Street Pepe ($WEPE)<\/span><\/a>, which prominent crypto YouTuber Austin Hilton, boasting 295K subscribers, predicts will “revolutionize” the crypto space.<\/span><\/p>\n