Pepe Price Prediction: PEPE Pumps 4% In A Week, But Investors Flock To This Layer-2 Meme Coin Offering A 231% APY
The Pepe price is up over 4% on the weekly timeframe following a 2% pump in the last 24 hours to trade at $0.000008035 as of 11:45 p.m. EST as investors slowly start to buy into the meme coin. Along with the uptick in the PEPE price in the last 24 hours, the crypto’s trading volume also surged 15% to above $808 million. The Pepe Price Stuck In A Consolidation Phase 4-hour chart for PEPE/USD (Source: GeckoTerminal ) The Pepe price has been in a tight consolidation phase between $0.000007212 and $0.000008988 for the past couple of days. This period of sideways trading could be an accumulation phase before the meme coin enters a bullish move. Should buyers decide to push PEPE up in the coming 48 hours, the crypto will likely attempt to flip the resistance level at $0.000008988 into support. A 4-hour candle close above this threshold might then give the Pepe price the technical foundation needed to rise to as high as $0.000011872 in the short term. On the other hand, traders ...