Will the PEPE price go up or down next?
The market remains bullish on PEPE due to higher buying demand for PEPE. The relative strength index (RSI) shows that the overbought zone drives the rice price to continue to rise. In addition, technical indicators including MACD and historical volatility index show a bullish trend.
So far, the PEPE price has shown both short-term and long-term growth potential. With the upcoming post-halving rally and altcoin season, its value may increase several times. Many analysts claim that the PEPE price will increase at least 10-15 times this year and reach the target of $0.0002 by 2025.
Investors are also calling for PEPE, but with higher expectations than ever before.
The price increase of PEPE this year is the highest among all cryptocurrencies. It even surpasses Bitcoin, which has soared above $70,000 and is targeting the historical target of $73,750.07. Fearing that PEPE will repeat last year's history, investors remain bullish on PEPE and are buying more even at such high prices. You must see how PEPE shapes its image in the cryptocurrency market in a matter of days and weeks.
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