Pepe (PEPE) is currently trading around $0.00000989, marking a 1.1% dip in the past 24 hours. The meme coin has fallen about 40% from its May peak as large holders begin reducing positions. However, technical patterns and analyst forecasts hint at a possible rebound in the weeks ahead.
In this article, we will look at Pepecoin next target and also look at technical analysis and latest news.
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Pepe Coin Next Target
- Current Price: $0.00000989
- 24h Price Change: –1.10%
- 24h Range: $0.00000989 – $0.00001026
- Market Cap: ~$4.09 billion
- 24h Trading Volume: ~$700 million
- Circulating Supply: ~420.69 trillion PEPE
- Max Supply: ~420.69 trillion PEPE
Price is in a downtrend, however, it’s trading in a Channel Down pattern, which typically resolves in a bullish breakout and a trend reversal. We wait for such a breakout, ideally above $0.000011, with +25% potential upside to $0.000014 thereafter.
This is a riskier trade setup because it’s a trend reversal not a trend continuation setup. It’s against the overall downtrend.
Key Technical Indicators
- RSI: Hovering between neutral and bearish, with signs of possible capitulation
- MACD: Bearish, but forming bullish ‘falling wedge’ structure suggesting a reversal
- Support Levels: $0.00000988 – $0.0000099 (daily lows); deeper support near $0.0000077
- Resistance Levels: $0.00001009 (100‑day SMA), then $0.00001026, followed by $0.0000127
- Short‑Term Trend: Despite the 40% drawdown, bullish reversal patterns and increasing demand indicate recovery potential
Latest PEPE News & Developments
- Distribution Pressure
Large-scale transfers to exchanges suggest recent selling by whales. PEPE failed to hold above its 100‑day SMA after attempting a breakout. - Bullish Pattern Emerging
A falling-wedge pattern is forming, a classic reversal setup that has previously led to strong rallies. - Forecast Range
Analysts expect PEPE to trade between $0.0000077 and $0.0000331 through 2025, with a mid‑year average near $0.0000215. - July Outlook
Predictive models suggest a trading window between $0.00000715 and $0.0000127 for July, with rebound potential if price stabilizes.
👉 Short‑Term Outlook: Neutral-to-Bullish
📉 Risk Level: High – driven by meme coin volatility, whale moves, and market sentiment
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