PEPE has shown volatile price changes, rising about 12% in the past day but dropping 4% over the past week. Despite this, investors remain hopeful as it's only 25% away from its previous all-time high.
Analyzing PEPE's price movements, we note a correction phase after a significant surge. Current indicators are neutral, hinting at a potential upward trend as the market stabilizes. Pepe has shown promising rallies in the past month, supported by positive technical signals and community sentiment.
Bulls could drive PEPE's price towards testing $0.000014 if the market maintains the price above $0.000011, potentially revisiting its previous ATH this month. If bears dominate, Pepe could drop below $0.00001150, heading towards the crucial $0.000008 level.
According to CoinMarketCap, PEPE's price surged over 12% in a day, despite a 4% drop in the past week. Over the last month, the meme coin's value has grown by 56.48%, indicating its strength.
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