Pepe Price Prediction: PEPE Surges 13%, But Experts Say This Layer-2 Alternative Might Be The Best Crypto To Buy Now
The Pepe price surged 13% in the last 24 hours to trade at $0.00001056 as of 00:37 a.m. EST on trading volume that skyrocketed 78% to $2.2 billion. This comes as the meme coin space surged 8% in the last 24 hours to reach a market capitalization of $55 billion. Top meme coins DOGE and SHIB climbed 4% and 6%, respectively. Pepe Price Could Continue Soaring The Pepe price recently invalidated the rounding top pattern, soaring from the $0.00000841 support level, according to data from GeckoTerminal . The current upsurge resulted in the price of Pepe now trading above both the 50-day and 200-day Simple Moving Averages (SMAs), affirming the sustained uptrend. The Relative Strength Index (RSI) is at 67.59, nearing the overbought zone (above 70). This shows that buying pressure is increasing, but the price could soon approach an overbought condition, which could lead to some profit-taking or consolidation. However, there’s still room for more upward movement before reaching extreme...