{"id":624861,"date":"2025-02-07T12:58:11","date_gmt":"2025-02-07T12:58:11","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=624861"},"modified":"2025-02-07T12:58:11","modified_gmt":"2025-02-07T12:58:11","slug":"pepe-price-prediction-pepe-plunges-9-as-investors-rush-to-buy-this-70m-frog-themed-rival-before-its-too-late","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/pepe-price-prediction-pepe-plunges-9-as-investors-rush-to-buy-this-70m-frog-themed-rival-before-its-too-late","title":{"rendered":"Pepe Price Prediction: PEPE Plunges 9% As Investors Rush To Buy This $70M Frog-Themed Rival Before It\u2019s Too Late"},"content":{"rendered":"

The Pepe price dropped 9% in the last 24 hours to trade at $0.000009327 as of 2.20 a.m. EST on trading volume that surged 28% to $855.3 million.<\/p>\n

Following the 24-hour plunge, the PEPE price in now down 28% in the past seven days as well, going from $0.00001299 to its current price, which is also the lowest it has seen since early November 2024.<\/p>\n

The project’s weekly chart looks rather similar to Bitcoin’s as well, suggesting that the third-largest meme coin is closely following BTC’s lead.<\/p>\n

Pepe Price Prediction<\/h2>\n

Pepe’s price<\/a> saw its sharpest drop around 15 hours prior to the time of writing. Before that, the meme coin saw its Bollinger Bands relatively stable, and the price moved from fluctuating between the upper band and the middle line between the two bands, to the lower band and the middle line, then back up.<\/p>\n

However, as the price started dropping, it also brgan pushing the lower band further down, causing the bands to widen along the way. Upon finding a bottom, the token started seeing short and sharp fluctuations. The bands narrowed again, and the price was moving from the upper band to the lower one multiple times in a six-hour period.<\/p>\n

Now, the fluctuations are once again increasing, and the bands are widening again, suggesting that Pepe could see some strong price movement.<\/p>\n

\"Pepe<\/p>\n

The project’s Relative Strength Index (RSI) value, however, shows that the bulls and bears were in conflict, fighting for control over the market. In the last two days, the RSI dropped to the oversold zone, surged to the edge of the overbought zone, dropped back deeply into the oversold zone, and then returned to the neutral area, reaching its peak around six hours prior to the time of writing.<\/p>\n

Since then, it dropped to 30 again, and returned to 50. Throughout this period, the RSI was constantly seeing smaller fluctuations. Meanwhile, PEPE has found a new bottom at $0.0000090. While its price managed to recover from this low, the RSI, which is currently once again seemingly about to drop from the neutral value of 50, could also lead the price back down to this support.<\/p>\n

Promising Alternative To Pepe<\/h2>\n

While Pepe is currently struggling, there are other options for fans of frog-themed cryptos, with the top option right now being Wall Street Pepe (WEPE)<\/a>.<\/p>\n

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$70M raised. Wired. Primed. Ready to rip. 🐸⚔️ pic.twitter.com\/1jNgZucgUF<\/a><\/p>\n

— Wall Street Pepe (@WEPEToken) February 6, 2025<\/a><\/p><\/blockquote>\n