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The Pepe price pumped over 7% in the last 24 hours to trade at $0.00001973 as of 11:15 p.m. EST as traders go long on the meme coin. With the recent gain, the frog-themed token has managed to boost its weekly performance out of the red. As a result, the PEPE price is up over 5% in the last 7 days. Pepe Price Trying To Overcome A Major Technical Obstacle 4-hour chart for PEPE/USD (Source: GeckoTerminal) The Pepe price is attempting to establish a position above the $0.00001961 resistance level, according to GeckoTerminal data . Closing the next 3 4-hour candles above this technical barrier could give the meme coin the necessary foundation to keep rising in the following 24 hours. PEPE might then be able to overcome the negative trend line that has emerged on its charts. Rising above the descending trend line could lead to the Pepe price climbing toward the $0.00002414 resistance level to potentially flip the mark into support. Thereafter, continued pressure from buyers might push...

The Pepe price surged 16% in the last 24 hours to trade at $0.00001036 as of 3.30 a.m. EST on trading volume that skyrocketed 74% to $1.3 billion. The pump enabled PEPE to reclaim a $4 billion market capitalization, and it’s now soared 24% in a week as the broader crypto market turns bullish. All top-ranking meme coins are trading in the green on the daily and weekly basis alike. The weakest weekly performer is Popcat with a surge of only 14%, while the strongest is Shiba Inu with a 33% increase. Outside of the meme coin sector, Bitcoin managed to recover to $65k and presently trades at $65,488. Pepe Price Prediction The PEPE price surge has enabled the ERC-20 token’s holders to make sizable profits, but it seems like the third-largest meme coin has reached its limit for the time being. Pepe has proven to be unable to breach the resistance at $0.0000104 at this time, failing to mirror its success from July, and before that, May of this year. In addition, technical indi...

The Pepe price plunged 7% in the last 24 hours to trade at $0.000007114 as of 00:31 a.m. EST on trading volume that plummeted 19% to $739 million. This comes as the meme coin space fell 4% to a $38 billion market capitalization, with DOGE and SHIB following suit with a 4% decrease each.  Pepe Price Bearish — Can Pepe Recover From Its Recent Decline? Pepe price has been on a downward trend, with bears taking control around the $0.000007704 resistance zone, leading to the formation of a rounding top, according to data from GeckoTermina l.  Additionally, a double-top pattern has emerged, further reinforcing the bearish momentum. Currently, Pepe is trading below both the 50-day and 200-day Simple Moving Averages (SMAs), confirming the continuation of this bearish trend.  The Relative Strength Index (RSI) has dropped to 36.04, well below the 50-midline, signaling increased selling pressure. Although the Moving Average Convergence Divergence (MACD) indicator show...

Bitcoin’s return to $64,000 has sparked renewed excitement in the crypto market, with investors eager to seize the opportunity for potential gains. As the crypto market heats up with Bitcoin’s resurgence, both seasoned traders and newcomers are eager to explore what the next wave of growth might bring. Among the various sectors within the crypto space, meme coins are emerging as top contenders, positioning them well to capitalize on the renewed interest. With a history of delivering unexpected gains, meme coins are poised to ride the wave of Bitcoin’s momentum, making them an attractive option for those looking to maximize their returns in this bullish phase. Daddy Tate (DADDY) The recent developments surrounding a politically tied meme coin have sparked renewed interest among investors. The price of $DADDY has surged by 10% in the past 24 hours, reaching $0.0914 with a market capitalization of $54.8 million. This spike follows the recent release of Andrew Tate a...

Pepe Unchained ($PEPU) has smashed past $9 million in funds raised in its blistering new presale, only six days after hitting $8 million.  Week-on-week, investors have been flocking into the new Pepe token, which runs on its own proprietary Layer 2 chain on Ethereum. Between the presale’s rapid $8 million and $9 million milestones, one mysterious whale recently put $3.13 million on Pepe ($PEPE) during the dip, splitting it into two transactions. In a parallel development this week, there was a bustling surge of activity around Ethereum Layer 2 solutions.  Coinbase’s proprietary Base chain hit 3.6 million transactions on Monday. On Tuesday, all Layer 2 protocols collectively handled 12.44 million transactions. This demonstrates the clear growing use of scaling solutions. Timely Pepe fever, alongside the burgeoning Layer 2 activity, are causing several prominent Web3 influencers to buy and tout $PEPU, including Austin Hilton wi...

The Pepe price pumped 3% in the last 24 hours to trade at $0.000008293 as of 8:10 a.m. EST as investors accumulate the meme coin. Despite this recent gain, the crypto is still more than 7% in the red on the monthly time frame. The Pepe Price Stuck In A Sideways Channel 4-hour chart for PEPE/USD (Source: GeckoTerminal ) The Pepe price has been in a consolidation zone between $0.000007135 and $0.000008911 for the past few days. This period of sideways trading could be the build up to a strong move. Should traders decide to push PEPE up in the coming couple of days, the meme coin might attempt to flip the resistance level at $0.000008911 into support. Thereafter, the crypto could have the technical foundation needed to rise to as high as $0.000011795 in the short term if traders decide to not take profit. However, this bullish thesis could be invalidated if the Pepe price falls below the immediate support level at $0.000007135. In this alternative scenario, the meme coin could be...