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Pyth Network Pyth Network (PYTH) $0.13 ↑ 1.55%
Aerodrome Finance Aerodrome Finance (AERO) $0.88 ↓ -1.77%
Pendle Pendle (PENDLE) $4.42 ↑ 0.56%
Jito Jito (JTO) $1.98 ↓ -0.97%
Bitcoin Bitcoin (BTC) $118,419.69 ↓ -0.03%
Ethereum Ethereum (ETH) $3,816.48 ↑ 0.25%
XRP XRP (XRP) $3.18 ↓ -0.09%
Tether USDt Tether USDt (USDT) $1.00 ↓ -0.01%
BNB BNB (BNB) $838.95 ↑ 5.02%
Solana Solana (SOL) $188.74 ↑ 1.62%
USDC USDC (USDC) $1.00 ↓ -0.01%
Dogecoin Dogecoin (DOGE) $0.23 ↓ -0.82%
TRON TRON (TRX) $0.32 ↑ 0.97%
Cardano Cardano (ADA) $0.81 ↓ -1.05%
Hyperliquid Hyperliquid (HYPE) $45.27 ↑ 5.50%
Sui Sui (SUI) $4.12 ↓ -2.85%
Stellar Stellar (XLM) $0.43 ↓ -2.55%
Chainlink Chainlink (LINK) $18.53 ↓ -1.34%
Hedera Hedera (HBAR) $0.27 ↓ -3.98%
Bitcoin Cash Bitcoin Cash (BCH) $583.44 ↓ -1.96%
Avalanche Avalanche (AVAX) $26.32 ↑ 5.46%
Litecoin Litecoin (LTC) $110.76 ↓ -2.12%
UNUS SED LEO UNUS SED LEO (LEO) $8.96 ↓ -0.18%
Toncoin Toncoin (TON) $3.33 ↓ -1.02%
Shiba Inu Shiba Inu (SHIB) $0.00 ↓ -1.66%
Ethena USDe Ethena USDe (USDe) $1.00 ↓ -0.03%
Uniswap Uniswap (UNI) $10.62 ↓ -0.50%
Polkadot Polkadot (DOT) $4.11 ↓ -0.84%
Monero Monero (XMR) $325.73 ↑ 1.21%
Dai Dai (DAI) $1.00 ↓ -0.02%
Bitget Token Bitget Token (BGB) $4.64 ↑ 1.03%
Pepe Pepe (PEPE) $0.00 ↓ -1.28%
Cronos Cronos (CRO) $0.14 ↓ -0.02%
Aave Aave (AAVE) $293.50 ↓ -0.90%
Ethena Ethena (ENA) $0.67 ↑ 5.01%
Bittensor Bittensor (TAO) $414.72 ↓ -2.64%
NEAR Protocol NEAR Protocol (NEAR) $2.85 ↓ -1.39%
Pi Pi (PI) $0.45 ↑ 0.96%
Ethereum Classic Ethereum Classic (ETC) $22.28 ↓ -2.37%
Ondo Ondo (ONDO) $1.02 ↓ -2.39%
Internet Computer Internet Computer (ICP) $5.71 ↑ 0.42%
Aptos Aptos (APT) $4.77 ↓ -0.61%
OKB OKB (OKB) $48.80 ↑ 1.31%
Bonk Bonk (BONK) $0.00 ↑ 3.51%
Mantle Mantle (MNT) $0.80 ↓ -2.88%
Kaspa Kaspa (KAS) $0.10 ↓ -4.81%
Pudgy Penguins Pudgy Penguins (PENGU) $0.04 ↓ -3.83%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.23 ↓ -2.09%
Algorand Algorand (ALGO) $0.27 ↓ -2.62%
Arbitrum Arbitrum (ARB) $0.45 ↑ 0.47%
GateToken GateToken (GT) $18.09 ↑ 1.78%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↓ -0.04%
VeChain VeChain (VET) $0.03 ↓ -1.06%
Render Render (RENDER) $4.21 ↓ -0.82%
Worldcoin Worldcoin (WLD) $1.16 ↓ -1.14%
SPX6900 SPX6900 (SPX) $2.19 ↑ 6.29%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $9.98 ↓ -1.73%
Sky Sky (SKY) $0.09 ↓ -3.72%
Sei Sei (SEI) $0.33 ↓ -2.58%
Cosmos Cosmos (ATOM) $4.82 ↑ 0.87%
Filecoin Filecoin (FIL) $2.69 ↑ 0.11%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.73 ↑ 0.10%
Jupiter Jupiter (JUP) $0.58 ↑ 1.91%
Story Story (IP) $5.74 ↑ 6.37%
Flare Flare (FLR) $0.02 ↓ -1.80%
Injective Injective (INJ) $15.30 ↑ 1.00%
Quant Quant (QNT) $124.59 ↓ -1.55%
XDC Network XDC Network (XDC) $0.09 ↑ 2.81%
KuCoin Token KuCoin Token (KCS) $11.46 ↓ -0.35%
First Digital USD First Digital USD (FDUSD) $1.00 ↓ -0.11%
Celestia Celestia (TIA) $1.98 ↓ -0.33%
Optimism Optimism (OP) $0.80 ↑ 10.33%
Curve DAO Token Curve DAO Token (CRV) $0.99 ↓ -4.83%
Fartcoin Fartcoin (FARTCOIN) $1.33 ↓ -0.24%
Stacks Stacks (STX) $0.82 ↓ -2.05%
Four Four (FORM) $3.39 ↓ -2.77%
FLOKI FLOKI (FLOKI) $0.00 ↓ -3.57%
Immutable Immutable (IMX) $0.58 ↓ -1.19%
dogwifhat dogwifhat (WIF) $1.09 ↑ 0.85%
Ethereum Name Service Ethereum Name Service (ENS) $29.28 ↓ -5.04%
The Graph The Graph (GRT) $0.11 ↓ -0.47%
PancakeSwap PancakeSwap (CAKE) $3.01 ↑ 6.89%
Kaia Kaia (KAIA) $0.17 ↓ -0.94%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.51 ↓ -4.45%
Lido DAO Lido DAO (LDO) $1.10 ↓ -1.12%
Pump.fun Pump.fun (PUMP) $0.00 ↓ -0.70%
Conflux Conflux (CFX) $0.19 ↑ 1.99%
Sonic Sonic (S) $0.33 ↓ -1.46%
PAX Gold PAX Gold (PAXG) $3,324.09 ↓ -0.86%
Tezos Tezos (XTZ) $0.88 ↓ -0.75%
PayPal USD PayPal USD (PYUSD) $1.00 ↓ -0.03%
Theta Network Theta Network (THETA) $0.90 ↑ 0.28%
Vaulta Vaulta (A) $0.57 ↓ -1.96%
Raydium Raydium (RAY) $3.25 ↑ 6.60%
Nexo Nexo (NEXO) $1.32 ↑ 0.45%
JasmyCoin JasmyCoin (JASMY) $0.02 ↓ -1.86%
IOTA IOTA (IOTA) $0.21 ↓ -2.38%
Tether Gold Tether Gold (XAUt) $3,318.19 ↓ -0.83%
Gala Gala (GALA) $0.02 ↑ 0.10%
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Pyth Network Pyth Network (PYTH) $0.13 ↑ 1.55%
Aerodrome Finance Aerodrome Finance (AERO) $0.88 ↓ -1.77%
Pendle Pendle (PENDLE) $4.42 ↑ 0.56%
Jito Jito (JTO) $1.98 ↓ -0.97%
Home Cryptocurrency

PEPE Nears Critical Resistance: Target Set at $0.000026

Lois Zaytsaw by Lois Zaytsaw
4 January 2025
in Cryptocurrency
Reading Time: 2 mins read
0
focusing on PEPE and its price movement. The design includes the PEPE logo candlestick charts indicat

As the crypto market experiences a bullish trend, PEPE is approaching a significant resistance level at $0.00002122. Technical indicators suggest that breaking this level could propel PEPE to its next target at $0.000026917. However, failure to surpass this resistance may lead to a pullback to the support level at $0.000018327.

Qubetics is 728x90 1 3

The overall market sentiment remains positive, driven by Bitcoin’s steady performance at $96,000. This optimism has extended to the meme coin market, which saw a 4.47% increase in total market capitalization over the past 24 hours, reaching $105.06 billion. Amid this rally, PEPE is currently trading at $0.00002032, inching closer to a key resistance point.

Table of Contents

Toggle
    • YOU MAY BE INTERESTED
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    • Is Dogecoin Price Ready for a Major Move? Double Bottom Pattern Points to $0.42
  • PEPE’s Bullish Momentum
  • PEPE’s Price Targets

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PEPE’s Bullish Momentum

On the 4-hour chart, PEPE’s price has breached the local resistance trendline, signaling bullish momentum. From its weekly opening price of $0.000017869, PEPE has surged by approximately 13.35%, restoring investor confidence. The current price action has formed a double-top pattern at $0.00002101, aligning with the 61.80% Fibonacci resistance level.

This technical level is critical in determining whether PEPE can achieve further gains in the short term. Indicators, including a potential golden cross between the 50 and 200 EMAs, suggest growing investor interest. Additionally, the RSI (Relative Strength Index) remains above the midpoint, reinforcing the ongoing bullish momentum.

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PEPE’s Price Targets

Analysts indicate that a breakout above $0.00002122 would signal a strong buy opportunity for PEPE investors. If this level is surpassed, the next target is $0.000026917, a formidable resistance level that could pave the way for a long-term bullish run.

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Conversely, failing to break this resistance might lead to a retracement toward support levels. The 50% Fibonacci retracement at $0.000018327 is a crucial defense point for bulls. A drop below this level could increase selling pressure, pushing the price to lower levels.

As reported by Turkish NY Radio, PEPE’s performance highlights the importance of technical levels in the ongoing bullish trend. Investors should closely monitor these key zones to make informed decisions in this volatile market.

Tags: crypto marketFibonacciPEPEresistance level
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Lois Zaytsaw

Lois Zaytsaw

Content Editor, News Meet Lois, a dynamic Crypto, Blockchain, and Finance Writer/Journalist based in the bustling metropolis of New York City. With a passion for technology and a keen understanding of finance, Lois has been covering the latest developments in the world of cryptocurrency and blockchain for several years. Her insightful articles have been featured in numerous leading publications, including The Wall Street Journal, Bloomberg, and CryptoBriefing. Lois' fascination with blockchain and cryptocurrency began during her time as a student at university, where she studied economics and computer science. She was drawn to the disruptive potential of blockchain technology to revolutionize the traditional financial industry, and since then, she has been following the latest trends and innovations in the space.

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