PEPE Price Prediction: Pepe Coin Eyes 50% Breakout to $0.0000105 as Bulls Defend Key Support—Will It Outpace SHIB?
The post PEPE Price Prediction: Pepe Coin Eyes 50% Breakout to $0.0000105 as Bulls Defend Key Support—Will It Outpace SHIB? appeared on BitcoinEthereumNews.com.
Pepe Coin (PEPE) has recently captured significant attention within the cryptocurrency space. After a brief pullback, PEPE’s price demonstrated remarkable resilience, holding steady above its crucial 100-day simple moving average (SMA). This technical strength has fueled speculation about the potential for a bullish continuation. Many traders are closely monitoring the price action, wondering if the meme coin can stage a breakout toward $0.0000105, representing a 50% increase from its current level. PEPE’s Bullish Momentum: Key Support Holds Recent PEPE price charts reveal steady movement above critical support levels near $0.00000523, bolstered by sustained buying momentum. As noted by experts, the currency has recorded exceptional strength, coming back from lows in recent times without surrendering its upward momentum. “The price action has been good, as PEPE has remained well above key support levels, allowing bulls to remain in control,” a crypto expert explained. Pepe Coin (PEPE) price is holding above the dynamic resistance of 50 EMA on the 4-hour chart. Source: TradingView The Relative Strength Index (RSI) remains in positive territory, indicating that there is still bullishness in place. If that continues, the price of PEPE could move towards the next resistance at $0.0000105, which is an outrageous 50% increase from its current level of about $0.000007. Resistance and Breakout: What’s Ahead for PEPE Price? For a clear bullish continuation, PEPE must break through nearby resistance levels. The PEPE price chart suggests that surpassing the $0.00000766 level could signal further upward movement. Should PEPE break this resistance, it could pave the way for additional gains. However, if PEPE struggles to maintain support and fails to hold key price levels, bears might regain control, possibly triggering a pullback. Despite maintaining support above $0.0000072, PEPE must overcome several minor resistance levels below $0.0000080 to regain bullish momentum. Source: Hmaroudas on TradingView Traders are…
