Pepe Coin is Trading -20.90% Below Our Price Prediction for Oct 16, 2024

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

• Pepe Coin is up 3.69% today against the US Dollar
• PEPE/BTC increased by 3.44% today
• PEPE/ETH increased by 2.52% today
• Pepe Coin is currently trading 20.90% below our prediction on Oct 16, 2024
• Pepe Coin gained 32.54% in the last month and is up 1,392.13% since 1 year ago

PEPE price is expected to rise by 29.99% in the next 5 days according to our Pepe Coin price prediction

is trading at $ 0.000010 after gaining 3.69% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 3.45% in the same time period. PEPE performed well against BTC today and recorded a 3.44% gain against the world’s largest cryptocurrency.

According to our Pepe Coin price prediction, PEPE is expected to reach a price of $ 0.000012 by Oct 16, 2024. This would represent a 29.99% price increase for PEPE in the next 5 days.

PEPE Price Prediction Chart

Buy/Sell Pepe Coin

What has been going on with Pepe Coin in the last 30 days

Pepe Coin has been displaying a positive trend recently, as the coin gained 32.54% in the last 30-days. The medium-term trend for Pepe Coin has been bullish, with PEPE increasing by 7.69% in the last 3 months. The long-term picture for Pepe Coin has been positive, as PEPE is currently displaying a 1,392.13% 1-year price change. On this day last year, PEPE was trading at $ 0.0000006384.

Pepe Coin reached its all-time high price on May 27, 2024, when the price of PEPE peaked at $ 0.000017. The current PEPE cycle high is $ 0.000012, while the cycle low is at $ 0.000006. PEPE has been displaying high volatility recently – the 1-month volatility of the coin is at 14.01. Pepe Coin recorded 16 green days in the last 30 days.

Pepe Coin technical analysis for today – Oct 11, 2024

The sentiment in the Pepe Coin markets is currently Neutral, and the Fear & Greed index is reading Fear. The most important support levels to watch are $ 0.000009, $ 0.000009 and $ 0.000008, while $ 0.000009, $ 0.000010 and $ 0.000010 are the key resistance levels.

Neutral sentiment for Pepe Coin

18 indicators are currently signaling a bullish prediction for Pepe Coin, while 7 indicators are showing a bearish forecast. With 72% of indicators favoring a positive prediction. This results in an overall Neutral sentiment for Pepe Coin.

Crypto market is currently experiencing Fear

Currently, the Fear & Greed index is at 32 (Fear), which signals that investors have a negative outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.

Pepe Coin moving averages & oscillators

Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Pepe Coin is positioned in the market right now.

The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Pepe Coin is at 49.51, suggesting that PEPE is currently neutral.

The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Pepe Coin over the last 50 days. Currently, Pepe Coin is trading below the SMA 50 trendline, which is a bearish signal.

Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the PEPE closing price for the last 200 days. PEPE is now trading below the SMA 200, signaling that the market is currently bearish.

The bottom line about this Pepe Coin prediction

After considering the above factors, we can conclude that the current forecast for Pepe Coin price prediction is Neutral. PEPE would have to increase by 29.99% to hit our $ 0.000012 target within the next five days. Moving forward, it will be important to monitor the PEPE market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Pepe Coin price predictions click here.

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.