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The Pepe worth soared 7% within the final 24 hours to commerce at $0.00000997 as of 02:14 a.m. EST on buying and selling quantity that jumped 35% to $2 billion.
The surge within the PEPE worth has made the meme coin the #1 trending token on DEXTools.
Pepe Value Can Nonetheless Rebound
The PEPE worth chart on the 3-day timeframe exhibits that the asset has gone by a major bullish section, marked by a powerful uptrend that lasted by most of 2024. This rally was supported by a rounding backside sample within the final quarter, which led to a breakout.
Nonetheless, the Pepe worth didn’t maintain its highs round $0.00002836 and began forming a rounded prime sample, an indication of a potential development reversal.
Lately, the value of PEPE has damaged under the 50-period Easy Shifting Common (SMA) on the 3-day chart at $0.00001488, indicating weakening bullish momentum. Furthermore, the value is approaching a crucial assist zone round $0.00000887 to $0.00000653, which will likely be important in figuring out PEPE’s subsequent transfer.
Moreover, the 200-period SMA at $0.00000722 stays under the present worth, appearing as a longer-term assist. If the value of Pepe continues downward, this stage could present a possible rebound space.
The Relative Energy Index (RSI) is at 33.86, close to the oversold area (under 30), suggesting that the asset is approaching a possible reversal zone.
PEPE/USDT Chart Evaluation (Tradingview)
PEPE Value Prediction
If patrons defend the assist zone and the RSI bounces from oversold situations, PEPE might retest $0.00001200, adopted by the 50-period SMA ($0.00001488) as resistance. A restoration past this stage could shift momentum again to the bulls.
Conversely, if the Pepe worth breaks under the assist zone, it might set off additional draw back towards the 200-period SMA at $0.00000722 and even decrease ranges close to $0.0000060.
Because the Pepe worth soars, buyers are shopping for up a brand new frog-themed Pepe by-product referred to as Wall Road Pepe (WEPE). Crypto influencer ClayBro, with over 136K subscribers, says the brand new meme coin might soar 100X after launch.
Wall Road Pepe Presale Racing In the direction of The $70 Million Mark – Final Likelihood To Purchase
The Wall Road Pepe presale continues to realize traction within the meme coin area, with the full increase now standing at over $68.6 million.
A lot of this investor enthusiasm stems from Wall Road Pepe’s imaginative and prescient to take down massive crypto whales who’ve been controlling the crypto markets for a lot too lengthy.
WEPE detests whale buyers who commerce in secretive insider teams and he goals to stage the taking part in subject for the little guys. The Wall Road Pepe buying and selling platform offers retail merchants the identical unique insights as massive crypto gamers. This non-public buying and selling group has entry to market alerts, ideas, methods, and extra.
Mind on max output. Charts prepping to comply with. 🐸⚔️ pic.twitter.com/SxNfQZXAir
— Wall Road Pepe (@WEPEToken) February 1, 2025
Wall Road Pepe additionally presents a staking platform with a sexy 18% Annual Proportion Yield (APY).
You should purchase WEPE tokens from the official web site for $0.0003665 utilizing ETH, USDT, or a financial institution card.
Purchase WEPE tokens right here earlier than the presale ends in lower than 12 days.
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