While some meme coins are recovering, Pepe (PEPE) stands out as a leading ETH-based altcoin, with a recent impressive price surge. Could this indicate another all-time high (ATH)?
Today, we will delve into the recent price movements and technical analysis of Pepe (PEPE), examining key indicators and market trends.
Additionally, we’ll introduce an exciting new alternative project within the Pepe ecosystem—Pepe Unchained—that boasts the potential to achieve a 100x return, highlighting its unique features and growth prospects.
PEPE’s technical analysis and predictionPepe has shown remarkable resilience and growth, highlighted by a macro bull flag pattern we’ve been tracking. This pattern suggests the bullish trend will likely continue.
We’ve achieved our first and second take profit targets, and we’ve moved our stop loss to the entry point, making the trade risk-free. Our current goal is to reach a profit margin of about 19.1%, slightly below the initial 22% target.
Pepe’s consolidation phase is a positive sign, indicating potential stability and readiness for another upward movement. With a market cap of around $5 billion, Pepe has declined by 2% over the past day.
Despite this, the asset has shown significant growth over the last 7 to 14 days, positioning it well for further gains. The technical outlook suggests an inverted Bart Simpson pattern, which usually precedes an upward continuation.
For those considering this trade, it might be wise to wait for a slight dip, potentially bouncing off a key support level with high trading volume. Overall, the sentiment for Pepe remains bullish in the short to mid-term.
If you’re interested in top altcoins that could offer high rewards and rally during the next bull run, check out our guide here.
Pepe Unchained: A new layer 2 blockchain for meme coinsThe meme coin market has a new player, Pepe Unchained (PEPU), which has impressed smart investors with its strong presale performance. In just a few weeks, $PEPU has raised over $5 million in its ongoing ICO, attracting significant interest in the booming demand for new meme coins.
Experts believe $PEPU might be one of the next 100x meme coins. Currently priced at $0.0086649 each during its stage-based presale, the price will rise over time. Investors can buy $PEPU with ETH, USDT, BNB, or a credit/debit card.
Pepe Unchained raises $5M in in just weeks!
Thanks to your amazing support, Pepe's blockchain journey is just beginning