PepeCoin Price Prediction – PEPE Price Estimated to Drop to $0.000001 By May 18, 2023

PepeCoin Price Prediction – PEPE Price Estimated to Drop to $ 0.000001 By May 18, 2023

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.

  • PepeCoin is up 55.67% today against the US Dollar
  • PEPE/BTC increased by 53.22% today
  • PEPE/ETH increased by 52.98% today
  • PepeCoin is currently trading 59.82% above our prediction on May 18, 2023
PepeCoin price$ 0.000002
PepeCoin prediction $ 0.000001 (-37.26%)
Sentiment Bullish
Fear & Greed index 48 (Neutral)
Key support levels$ 0.000001, $ 0.0000008282, $ 0.0000005878
Key resistance levels$ 0.000002, $ 0.000002, $ 0.000003

PEPE price is expected to drop by -37.26% in the next 5 days according to our PepeCoin price prediction

is trading at $ 0.000002 after gaining 55.67% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 51.11% in the same time period. PEPE performed well against BTC today and recorded a 53.22% gain against the world’s largest cryptocurrency.

According to our PepeCoin price prediction, PEPE is expected to reach a price of $ 0.000001 by May 18, 2023. This would represent a -37.26% price decrease for PEPE in the next 5 days.

PEPE Price Prediction Chart

Buy/Sell PepeCoin

What has been going on with PepeCoin in the last 30 days

PepeCoin has been displaying a positive trend recently, as the coin gained 0.00% in the last 30-days.

PepeCoin reached its all-time high price on May 05, 2023, when the price of PEPE peaked at $ 0.000004. The current PEPE cycle high is $ 0.000002, while the cycle low is at $ 0.000001. PEPE has been displaying high volatility recently – the 1-month volatility of the coin is at 101.70. PepeCoin recorded 19 green days in the last 30 days.

PepeCoin technical analysis for today – May 13, 2023

The sentiment in the PepeCoin markets is currently Bullish, and the Fear & Greed index is reading Neutral. The most important support levels to watch are $ 0.000001, $ 0.0000008282 and $ 0.0000005878, while $ 0.000002, $ 0.000002 and $ 0.000003 are the key resistance levels.

Bullish sentiment for PepeCoin

13 indicators are currently signaling a bullish prediction for PepeCoin, while 2 indicators are showing a bearish forecast. With 87% of indicators favoring a positive prediction. This results in an overall Bullish sentiment for PepeCoin.

Crypto market is currently experiencing Neutral

Currently, the Fear & Greed index is at 48 (Neutral), which signals that investors have a neutral 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.

PepeCoin 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 PepeCoin is positioned in the market right now.

PeriodDaily SimpleDaily ExponentialWeekly SimpleWeekly Exponential
MA3$ 0.000002 (BUY)$ 0.000002 (BUY)
MA5$ 0.000002 (BUY)$ 0.000002 (BUY)
MA10$ 0.000002 (SELL)$ 0.000002 (BUY)
MA21$ 0.000001 (BUY)$ 0.000002 (BUY)
MA50
MA100
MA200
PeriodValueAction
RSI (14)42.03NEUTRAL
Stoch RSI (14)4.57BUY
Stochastic Fast (14)35.54NEUTRAL
Commodity Channel Index (20)66.67NEUTRAL
Average Directional Index (14)nullNEUTRAL
Awesome Oscillator (5, 34)nullNEUTRAL
Momentum (10)0.00NEUTRAL
MACD (12, 26)nullNEUTRAL
Williams Percent Range (14)-64.46NEUTRAL
Ultimate Oscillator (7, 14, 28)49.26NEUTRAL
VWMA (10)0.00SELL
Hull Moving Average (9)0.00BUY
Ichimoku Cloud B/L (9, 26, 52, 26)0.00NEUTRAL

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 PepeCoin is at 42.03, suggesting that PEPE is currently neutral.

The 50-day Simple Moving Average (SMA 50) takes into account the closing price of PepeCoin over the last 50 days. Currently, PepeCoin 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 PepeCoin prediction

After considering the above factors, we can conclude that the current forecast for PepeCoin price prediction is Bullish. PEPE would have to decrease by -37.26% to hit our $ 0.000001 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 PepeCoin 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.

Source: https://coincodex.com/article/27048/pepe-token-prediction-may-13-2023/