Generative Data Intelligence

Pepe (PEPE) Price Prediction 2023, 2024, 2025-2030

Date:

  • Bullish PEPE price prediction for 2023 is $0.0000008291 to $0.0000011334.
  • Pepe (PEPE) price might reach $0.000005 soon.
  • Bearish (PEPE) price prediction for 2023 is $0.0000004366.

In this Pepe (PEPE) price prediction 2023, 2024-2030,  we will analyze the price patterns of PEPE by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency

TABLE OF CONTENTS

INTRODUCTION

  • Pepe (PEPE) Current Market Status
  • What is Pepe (PEPE)?
  • Pepe (PEPE) 24H Technicals

PEPE (PEPE) PRICE PREDICTION 2023

  • Pepe (PEPE) Support and Resistance Levels
  • Pepe (PEPE) Price Prediction 2023 — RVOL, MA & RSI
  • Pepe (PEPE) Price Prediction 2023 — ADX, RVI
  • Comparison of PEPE with BTC, ETH
PEPE (PEPE) PRICE PREDICTION 2024, 2025, 2026-2030
CONCLUSION
FAQ

Pepe (PEPE) Current Market Status

Current Price $0.0000007039
24 – Hour Price Change 2.57% Up
24 – Hour Trading Volume $64.84M
Market Cap $276.12M
Circulating Supply 391.79T PEPE
All – Time High $0.000004354 (On May 05, 2023)  
All – Time Low $0.00000002764 (On Apr 17, 2023)  

PEPE Current Market Status (Source: CoinMarketCap)

What is Pepe (PEPE)

TICKER PEPE
BLOCKCHAIN Ethereum
CATEGORY Memecoin
LAUNCHED ON April 2023
UTILITIES Governance, security, gas fees & rewards

A deflationary memecoin launched on Ethereum is PEPE. PEPE presents a unique offering within the meme coin market by building upon the legacy of Pepe the Frog, a character with a longstanding and controversial history. PEPE‘s burning mechanism further highlights its distinct nature, aiming to maintain scarcity within the market. 

PEPE is an ERC-20 token on the Ethereum blockchain, which is secured by the Proof-of-Stake (PoS) consensus mechanism. Decentralized validators stake 32 ETH to process transactions and secure the network. 

Pepe 24H Technicals

(Source: TradingView)

Pepe (PEPE) Price Prediction 2023

Pepe (PEPE) ranks 98th on CoinMarketCap in terms of its market capitalization. The overview of the Pepe price prediction for 2023 is explained below with a daily time frame.

PEPE/USDT Right Angled Broadening Descending Wedge Pattern (Source: TradingView)

In the above chart, Pepe (PEPE) laid out a right-angled broadening descending wedge. A right-angled broadening descending wedge is a bullish reversal pattern. The pattern is an inverted ascending triangle because it is made up of two converging lines with a horizontal line for the resistance and a bearish downward slant for the support.

At the time of analysis, the price of Pepe (PEPE) was recorded at $0.0000007039. If the pattern trend continues, then the price of PEPE might reach the resistance levels of $0.0000007325, and $0.0000008952. If the trend reverses, then the price of PEPE may fall to the support of $0.0000006506, and $0.0000006015.

Pepe (PEPE) Resistance and Support Levels

The chart given below elucidates the possible resistance and support levels of Pepe (PEPE) in 2023.

PEPE/USDT Resistance and Support Levels (Source: TradingView)

From the above chart, we can analyze and identify the following as resistance and support levels of Pepe (PEPE) for 2023.

Resistance Level 1 $0.0000008291
Resistance Level 2 $0.0000011334
Support Level 1 $0.0000005926
Support Level 2 $0.0000004366

PEPE Resistance & Support Levels

Pepe (PEPE) Price Prediction 2023 — RVOL, MA, and RSI

The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Pepe (PEPE) are shown in the chart below.

PEPE/USDT RVOL, MA, RSI (Source: TradingView)

From the readings on the chart above, we can make the following inferences regarding the current Pepe (PEPE) market in 2023.

INDICATOR PURPOSE READING INFERENCE
50-Day Moving Average (50MA) Nature of the current trend by comparing the average price over 50 days 50 MA = $0.0000009029Price = $0.0000007082
(50MA > Price)
Bearish(Downtrend)
Relative Strength Index (RSI) Magnitude of price change;Analyzing oversold & overbought conditions 44.55
<30 = Oversold
50-70 = Neutral>70 = Overbought
Nearly Oversold State
Relative Volume (RVOL) Asset’s trading volume in relation to its recent average volumes Below cutoff line Weak Volume

Pepe (PEPE) Price Prediction 2023 — ADX, RVI

In the chart below, we analyze the strength and volatility of Pepe (PEPE) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).

PEPE/USDT ADX, RVI (Source: TradingView)

From the readings on the chart above, we can make the following inferences regarding the price momentum of Pepe (PEPE).

INDICATOR PURPOSE READING INFERENCE
Average Directional Index (ADX) Strength of the trend momentum 51.9053330835 strong Trend
Relative Volatility Index (RVI) Volatility over a specific period 38.82
<50 = Low
>50 = High
Low Volatility

Comparison of PEPE with BTC, ETH

Let us now compare the price movements of Pepe (PEPE) with that of Bitcoin (BTC), and Ethereum (ETH).

BTC Vs ETH Vs PEPE Price Comparison (Source: TradingView)

From the above chart, we can interpret that the price action of PEPE is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of PEPE also increases or decreases respectively.

Pepe (PEPE) Price Prediction 2024, 2025 – 2030

With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Pepe (PEPE) between 2024, 2025, 2026, 2027, 2028, 2029 and 2030.

Year  Bullish Price  Bearish Price
Pepe (PEPE) Price Prediction 2024 $0.000007 $0.0000009
Pepe (PEPE) Price Prediction 2025 $0.00001 $0.000001
Pepe (PEPE) Price Prediction 2026 $0.00004 $0.000002
Pepe (PEPE) Price Prediction 2027 $0.00007 $0.000004
Pepe (PEPE) Price Prediction 2028 $0.0002 $0.000006
Pepe (PEPE) Price Prediction 2029 $0.0006 $0.000007
Pepe (PEPE) Price Prediction 2030 $0.001 $0.00001

Conclusion

If Pepe (PEPE) establishes itself as a good investment in 2023, this year would be favorable to the cryptocurrency. In conclusion, the bullish Pepe (PEPE) price prediction for 2023 is $0.0000011334. Comparatively, if unfavorable sentiment is triggered, the bearish Pepe (PEPE) price prediction for 2023 is $0.0000004366. 

If the market momentum and investors’ sentiment positively elevates, then Pepe (PEPE) might hit $0.000005. Furthermore, with future upgrades and advancements in the Pepe ecosystem, PEPE might surpass its current all-time high (ATH) of $0.000004354 and mark its new ATH. 

FAQ

1. What is Pepe (PEPE)?

A deflationary meme coin launched on Ethereum is PEPE. PEPE presents a unique offering within the meme coin market by building upon the legacy of Pepe the Frog, a character with a longstanding and controversial history.

2. Where can you buy Pepe (PEPE)?

Traders can trade Pepe (PEPE) on the following cryptocurrency exchanges such as Binance, LBank, WEEX, OKX, and Bitrue.

3. Will Pepe (PEPE) record a new ATH soon?

With the ongoing developments and upgrades within the Pepe platform, Pepe (PEPE) has a high possibility of reaching its ATH soon.

4. What is the current all-time high (ATH) of Pepe (PEPE)?

Pepe (PEPE) hit its current all-time high (ATH) of $0.000004354 On May 05, 2023

5. What is the lowest price of Pepe (PEPE)?

According to CoinMarketCap, PEPE hit its all-time low (ATL) of $0.00000002764 on Apr 17, 2023.

6. Will Pepe (PEPE) hit $0.000005?

If Pepe (PEPE) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $0.000005 soon.

7. What will be the Pepe (PEPE) price by 2024?

Pepe (PEPE) price might reach $0.000007 by 2024.

8. What will be the Pepe (PEPE) price by 2025?

Pepe (PEPE) price might reach $0.00001 by 2025.

9. What will be the Pepe (PEPE) price by 2026?

Pepe (PEPE) price might reach $0.00004 by 2026.

10. What will be the Pepe (PEPE) price by 2027?

Pepe (PEPE) price might reach $0.00007 by 2027.

Top Crypto Predictions

Fantom (FTM) Price Prediction 2023, 2024, 2025-2030

Bitcoin (BTC) Price Prediction 2023, 2024, 2025-2030 

Toncoin (TON) Price Prediction 2023, 2024, 2025-2030 

Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.

spot_img

Latest Intelligence

spot_img