Pepe Price Prediction: After a 30% Run, Is a Healthy Pullback or Bigger Rally Coming?

$PEPE PEPE News Price Prediction
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In this Pepe price prediction, we look at the latest price action to determine where PEPE is headed next. Here's the latest.
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Alejandro Arrieche
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Alejandro is a seasoned financial analyst and adept business expert with over seven years of experience in dissecting complex business topics and vital market trends. His insightful writing, which has...

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Pepe (PEPE) has gone up by 5.4% in the past week and has managed to outperform other well-established peers in the meme coin space like Dogecoin (DOGE) and Shiba Inu (SHIB).

Traders’ interest in PEPE has been surging lately as the outstanding amount of futures contracts – a metric known as open interest – has surged to an all-time high of $650 million.

pepe open interest

A handful of meme coins, especially those in the Solana blockchain, have been experiencing a wave of positive momentum and Pepe seems to have captured a share of that hype.

Tokens like Fartcoin (FARTCOIN) and SPXX6900 (SPX) are among the best performers of the past month in this category with gains higher than 40%.

PEPE’s recent rally has solidified its dominance of the third spot in the list of most valuable meme coins with a market cap of $5.2 billion or $3 billion more than what its nearest contender, Official Trump (TRUMP), is worth.

After a strong rally that nearly PEPE’s price from around $0.0000080 to $0.00001600, is this meme coin poised to experience a much-needed correction or is it ready to retest those local highs?

In this Pepe price prediction, we look at the latest price action to try to answer that question.

Pepe Price Prediction: A Retest of $0.00001100 Seems Highly Likely

Pepe (PEPE) broke its trend line support in late May when it decisively dropped below the $0.00001300 level with strong volumes.

Back then, the price found support at $0.00001100 for the first time but then dropped near the $0.000010 level. This turned out to be the most relevant support for PEPE during this pullback.

pepe price chart

Momentum indicators have shown signs of improvement as the Relative Strength Index (RSI) recently climbed above its 14-day moving average, meaning that the latest uptrend has been gaining strength.

PEPE seems to have rejected a move above the 200-day exponential moving average (EMA) temporarily and this could prompt a retest of the $0.00001100 support. If the price once again bounces off that level, this would favor a bullish Pepe price prediction.

In that case, the near-term target for PEPE could be set at $0.00001500.

Meme coins outlook seems promising at the moment but the best crypto presales may offer a higher upside potential.

SUBBD, for example, has emerged as one of the hottest opportunities in the crypto market as it introduces a top-notch decentralized content distribution platform.

SUBBD (SUBBD) Captivates Creators, Fans, and Investors

SUBBD (SUBBD) aims to compete with top platforms like OnlyFans and Twitch by introducing a powerful platform through which creators can share their content without fearing unfair bans while keeping a higher share of their earnings.

subbd crypto presale

The platform enables influencers to monetize AI-generated content as well and gives them a say on the project’s roadmap, moderation policies, and other governance matters by owning the $SUBBD token.

Fans can also get subscription discounts, early access to new features, and the possibility of making custom requests by using $SUBBD.

More than 2,000 creators have joined the platform already, bringing a combined following of 250 million to the ecosystem. Analysts believe that the price of $SUBBD will explode as the platform’s popularity seems poised to increase rapidly.

To buy $SUBBD, head to the SUBBD presale website and connect your wallet (e.g. Best Wallet). You can either swap USDT or ETH for this token or use a bank card to invest.

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Pepe
PEPE
$0.0000
2.88 %
2M+
Active Monthly Users Around the World
250+
Guides and Reviews Articles
8
Years on the Market
70
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editors
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