PEPE coin is leading the charge in the memecoin space. After a 23% gain this week, PEPE is trying to regain its momentum and climb back towards key price levels. With the consolidation of Bitcoin and the tension in the cryptocurrency market, traders are closely watching the next development of PEPE. Let’s dive into the latest PEPE coin analysis and price prediction to see what lies ahead.
PEPE coin price gains ground
In a week where the Bitcoin price stagnated, PEPE rose to the occasion, posting impressive gains of over 23%. Currently trading at 0,000018 $PEPE gained 4% in the last 24 hours, with a market capitalization of $7.5 billion and a trading volume of $1.5 billion.
PEPE/USD 4-hour chart – TradingView
These figures demonstrate a renewed interest in the same coin, especially as bitcoin struggles to surpass its key resistance levels. PEPE's recent gains show that the altcoin market remains active, even in uncertain market conditions.
Current analysis of PEPE coin
Let's analyze PEPE's current performance like a market analyst:
- Current price: 0,000018
- Market capitalization: $7.5 billion
- 24-hour trading volume: $1.5 billion
- Earnings in the last 24 hours: +4%
PEPE shows resilience despite Bitcoin's sideways movement. However, its performance remains strongly linked to the trajectory of bitcoin, making its next steps crucial.
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PEPE Price Prediction: What’s Next?
The future of PEPE depends on Bitcoin's ability to emerge from its consolidation phase. Here's what could happen next:
PEPE/USD 4-hour chart – TradingView
Bullish scenario:
If bitcoin consolidates or crosses the threshold 100 000 dollarsthe PEPE could recover towards its high of the previous month, namely 0,000027 dollar. This level represents a critical resistance point and a major step for traders looking for bullish momentum.
Bearish scenario:
If the price of bitcoin falls towards 90 000 $PEPE could follow. Analysts predict that a bearish bitcoin could cause PEPE to fall to 0,000015 $even 0,000010 $which would constitute an important resistance point for traders looking for bullish momentum.
