Pepe (PEPE) Price Prediction This Week (22 - 28 May 2024)

Bittime - Pepe price predictionfor this week (22 - 28 May 2024) based on technical and fundamental analysis.

Pepe (PEPE) is an ERC-20 token launched in April 2021. This token is inspired by the popular Pepe the Frog meme on the internet. Pepe is used as the internal currency in the Pepe ecosystem, which includes social media platforms, games and marketplaces.

Based on data from CoinMarketCap as of May 21, 2024, the price of Pepe (PEPE) is currently at $0.0012 with a market capitalization of $1.21 million. The PEPE price movement in the last week increased by 15.22%, and in the last month it increased by 32.45%.

Also read: Unlock $1.16 Billion PYTH Token: Opening a New Chapter for the Network Ecosystem

The following is the Pepe (PEPE) price prediction for this week (22 - 28 May 2024) based on technical and fundamental analysis:

PEPE Technical Analysis:

• RSI (Relative Strength Index) indicator: PEPE's RSI is currently at the level of 65.23, indicating that the price is in the overbought zone.
• MACD (Moving Average Convergence Divergence) indicator: MACD PEPE shows a bullish trend, with the MACD line above the signal line and a positive MACD histogram.
• Bollinger Bands Indicator: PEPE price is currently above the upper band of Bollinger Bands, indicating that the price has the potential for a correction.

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PEPE Fundamental Analysis:

• Project Development: Pepe continues to develop its platform, including launching new features and establishing partnerships with other projects.
• Market Sentiment: Market sentiment towards Pepe is quite positive, with many analysts predicting that PEPE prices will continue to rise in the long term.
• Trading Volume: PEPE's trading volume in the past week has increased, indicating that interest in this token is increasing.

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Conclusion

Based on technical and fundamental analysis, it is predicted that the price of Pepe (PEPE) will experience a correction this week (22 - 28 May 2024). However, keep in mind that the cryptocurrency market is always changing and no one can guarantee that these predictions will be accurate. Always do your own research before investing.

How to Buy Crypto on Bittime

You can buy and sell crypto assets in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.

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Unlock $1.16 Billion PYTH Token: Opening a New Chapter for the Network Ecosystem

DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.