Pepe has rebounded sharply from its Friday low, delivering a 156% gain to dip buyers and reigniting interest in a bullish Pepe price prediction.
Short sellers are starting to feel the squeeze, and the setup could fuel another breakout.
In the past 24 hours, trading volume has surged to nearly $1 billion, now representing 30% of the circulating supply, as momentum continues to build around the third-largest meme coin.
Here’s what the charts are saying can happen next.
Pepe Price Prediction: PEPE Needs to Recapture the $0.0000080 Level to Get Back on Track
Pepe broke below its trend line support during last week’s drop, but is now retesting the same price channel from below.
If it can reclaim the $0.00000800 level, that would invalidate the bearish setup and reopen the door to further gains.
The Relative Strength Index (RSI) is climbing out of oversold territory, suggesting the recent selloff may have been overdone and that bulls are starting to regain control.
A move toward $0.00001200 would confirm a bullish shift, potentially setting up a rally toward $0.00001800, a 142% upside from current levels.
At the same time, a new mine-to-earn (M2E) game inspired by the Pepe the Frog meme is quickly gaining traction.
PEPENODE lets you mine coins using virtual mining rigs, no hardware needed.
This crypto presale has already raised $1.8 million and it could be the next breakout hit born from the Pepe craze.
Pepenode ($PEPENODE) Lets Any User Mine Meme Coins with No Hardware
Buying and holding meme coins has been quite rewarding for early investors in the past.
But what if you could mine these tokens instead of buying them from the market?
Pepenode ($PEPENODE) takes the hassle out of mining by introducing a new mine-to-earn (M2E) game where players can set up virtual servers, operate as many rigs as they want to mine tokens, and upgrade their infrastructure instantly to increase their output.
A competitive environment will ensure that the demand for $PEPENODE, the game’s utility token, will remain strong.
Top miners will be rewarded with surprise airdrops of popular meme coins like Bonk ($BONK) and Fartcoin ($FARTCOIN), along with the bragging rights that come naturally.
Buying pressure on $PEPENODE is expected to grow as popularity of the platform grows, pushing the price higher as time goes on.
To get started, simply head to the Pepenode official website and connect up an Ethereum-compatible wallet like Best Wallet.
You can either swap USDT or ETH or use a bank card to invest.
The post Pepe Price Prediction: PEPE Shocks Investors With Massive 157% Rally in Minutes – How High Can PEPE Go? appeared first on Cryptonews.
