CandleFocus How high can Pepe Coin price climb in 2024?
2024-11-21
Author: Content Editor
Pepe Coin, the third-largest meme coin, has experienced a significant recovery with a 260% increase from its 2021 low. This surge coincides with Bitcoin nearing the important $100,000 resistance level, leading to fear of missing out among crypto investors. On-chain data reveals continued buying activity from Pepe whales, with one whale moving $2.3 million worth of PEPE from Binance to a private wallet. Trading volume for PEPE has also spiked, reaching over $5 billion in the past 24 hours. The coin's chart indicates strong bullish signals, including a cup and handle pattern and moving above its moving averages. There is expected potential for the coin to rise and reach this month's high of $0.000025. Technical projections estimate a potential price of $0.000045, representing a 110% increase from current levels.
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