Pepe Price Prediction: PEPE Pumps 21% To Hit New ATH As This New Pepe Derivative ICO Roars Past $2.4 Million
The Pepe price has pumped 21% in the last 24 hours to trade at $0.00002589 as of 9 p.m. EST on 127% jump in trading volume to $8 billion. This PEPE price surge has also placed it among the most trending cryptocurrencies on CoinGecko, as the token reaches a new all-time high (ATH). Pepe Price Rebounds On A Strong Support Level The PEPE/USD price action on the daily timeframe highlights a bullish breakout followed by a strong rally. According to GeckoTermonal data, the price was trapped in a descending bearish channel earlier in the year with consistent lower highs and lower lows. This downward trend ended near the $0.000001154 level, where the price found strong support. This zone acted as a critical reversal area, with buyers stepping in and initiating an upward momentum. Following the breakout from the bearish channel in late September or early October, the price surged, breaking past key resistance levels. PEPE/USD is trading at approximately $0.000002589, showing a daily ga...