PEPE Post-Retest Rally Eyes New ATH, Targets $0.00002989

Following the channel breakout rally in PEPE price creating an ATH in November, the meme coin shows a post-retest rally. As the bull run restarts in PEPE, bulls anticipate the rally to create a new ATH next week.

As one of the top performers, will PEPE explode to a new ATH next week? Check out Coinpedia’s latest PEPE article for more information.

PEPE Price Performance

In the daily chart of PEPE, the meme coin shows a bullish recovery, regaining momentum. The ongoing recovery trend started near the $0.000075 with a Morning Star pattern.

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This rally peaked at nearly 200%, nearly $0.000025. However, the falling channel breakout rally took a quick retest of the previous all-time high near the $0.000017223.

The 10% surge last night, creating a bullish engulfing candle, ended the five-day consecutive red-candle streak. It also marked the post-retest bounce back for the meme coin.

Currently, the bull run is extended with an intraday gain of 2.79% as the PEPE price trades at $0.00002126.

What are PEPE 10x Rally Chances?

Using the trend-based Fibonacci levels, the uptrend is approaching the 23.60% Fibonacci level at $0.00002303. Considering that the recovery run of the broader market will be prolonged, the PEPE price bull run is likely to reach $0.00002989 by the end of November.

Hence, the PEPE price will explode with a massive upside of 40% in the next week. On the flip side, the $0.00001879 will likely provide bullish support.

Find out more in our PEPE price prediction for the upcoming year’s price targets.

FAQs

What is PEPE’s current price and performance?

PEPE is trading at $0.00002126, up 10% last night, marking a post-retest bounce back from $0.000017223 after a channel breakout rally.

What are PEPE’s next price targets?

Short-term targets include $0.00002303, with potential to reach $0.00002989 by the end of November, signaling a 40% upside.

What are PEPE’s key support levels?

The $0.00001879 level provides bullish support, ensuring stability if the rally faces temporary pullbacks.