Here is What’s Next for Pepe (PEPE) Price Rally: Will it Reach $0.000015 This Week?

The Future of Pepe (PEPE) Price Rally: Will it Reach $0.000015 This Week?

The Pepe price is experiencing a resurgence! Memecoins, alongside popular altcoins, are gaining momentum as Bitcoin's price maintains an upward trajectory. After breaking above a bullish pattern, PEPE is exhibiting a consolidated upswing, forming higher highs and lows. This suggests a potential for extended bullish activity, assuming the bulls maintain their momentum and drive buying pressure through increased volume.

Pepe has implemented a multifaceted strategy to reclaim lost ground and establish a new all-time high (ATH). Consecutive higher highs indicate an intent to surge by over 40%. The token is poised for a new bullish wave, potentially elevating levels above the 1 FIB level of $0.00001054. A recent pullback has temporarily dipped prices below $0.00001, but this appears to be a brief consolidation.

Days ago, Pepe reached a new ATH of $0.00001156, followed by a significant pullback. However, the bulls have intervened, suggesting the possibility of a new ATH. When and at what price point will this occur?

The Relative Strength Index (RSI) is mirroring the price action, forming higher highs and lows, indicating bullish dominance. Simultaneously, volume is declining, suggesting a weakening bearish presence. Therefore, assuming the ascending trend continues, PEPE is projected to establish a new ATH by month's end, potentially reaching 1.2 FIB levels at $0.00001306.