Pepe (PEPE) Price Prediction 2023
Updated
Pepe (PEPE) Price Prediction 2023
Pepe (PEPE) ranks 67th on CoinMarketCap in terms of its market capitalization. The overview of the Pepeprice prediction for 2023 is explained below with a daily time frame.
In the above chart, Pepe (PEPE) laid out a descending channel pattern. Descending channel patterns are short-term bearish in that a stock moves lower within a descending channel, but they often form within longer-term uptrends as continuation patterns. The descending channel pattern is often followed by higher prices. but only after an upside penetration of the upper trend line. A descending channel is drawn by connecting the lower highs and lower lows of a security’s price with parallel trendlines to show a downward trend.
Within a descending channel, a trader could make a selling bet when the security price reaches its resistance trendline. An ascending channel is the opposite of a descending channel. Both ascending and descending channels are primary channels followed by technical analysts.
At the time of analysis, the price of Pepe (PEPE) was recorded at $0.0000015587. If the pattern trend continues, then the price of PEPE might reach the resistance levels of $0.0000016505, $$0.0000017894 and $0.0000019543. If the trend reverses, then the price of PEPE may fall to the support of $0.0000014588.
Pepe (PEPE) ranks 67th on CoinMarketCap in terms of its market capitalization. The overview of the Pepeprice prediction for 2023 is explained below with a daily time frame.
In the above chart, Pepe (PEPE) laid out a descending channel pattern. Descending channel patterns are short-term bearish in that a stock moves lower within a descending channel, but they often form within longer-term uptrends as continuation patterns. The descending channel pattern is often followed by higher prices. but only after an upside penetration of the upper trend line. A descending channel is drawn by connecting the lower highs and lower lows of a security’s price with parallel trendlines to show a downward trend.
Within a descending channel, a trader could make a selling bet when the security price reaches its resistance trendline. An ascending channel is the opposite of a descending channel. Both ascending and descending channels are primary channels followed by technical analysts.
At the time of analysis, the price of Pepe (PEPE) was recorded at $0.0000015587. If the pattern trend continues, then the price of PEPE might reach the resistance levels of $0.0000016505, $$0.0000017894 and $0.0000019543. If the trend reverses, then the price of PEPE may fall to the support of $0.0000014588.
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