Pepe Price Prediction: PEPE Jumps 3%, But Experts Say Consider This Layer-2 Pepe Alternative For 100X Gain
The Pepe price has jumped 3% in the last 24 hours to trade at $0.000007015 as of 12:30 a.m. EST on a 26% surge in trading volume to $826 million. Pepe Price Is Approaching Critical Breakout Point Signalling Bullish Rally Ahead The PEPE price action is currently forming a falling wedge pattern, which traders often consider a bullish reversal pattern. A potential breakout point is visible, with the price approaching the upper boundary of the falling wedge. The price is also approaching the apex of the wedge. If the price breaks above this resistance and confirms a breakout, it could target the area around $0.00015, suggesting a significant upward move. A key point to note is the convergence of the 50-day and 200-day Simple moving averages (MA), which could signal a bullish crossover known as a “Golden Cross,” which precedes significant upward momentum. PEPEUSD Analysis Source: Dextools.io The Moving Average Convergence Divergence (MACD) indicator reveals a shri...