Pepe Price Recovery Expected, Investors Show Optimism

佩佩价格有望回升，投资者表现乐观

Despite the decline in its price since reaching its all-time high (ATH) in May 2024, the popular altcoin Pepe (PEPE) remains bullish, with investors anticipating a recovery. Currently priced at approximately $0.0001264, PEPE has experienced a 2.9% increase in the last 24 hours, contrasting with a 13.5% drop over the past week.

尽管自 2024 年 5 月达到历史高点 (ATH) 以来价格有所下跌，但受欢迎的山寨币佩佩 (PEPE) 仍然看涨，投资者预计会复苏。 PEPE 目前的价格约为 0.0001264 美元，在过去 24 小时内上涨了 2.9%，而过去一周则下跌了 13.5%。

Technical Analysis Indicates Bullish Outlook

技术分析表明前景看涨

PEPE's price is currently above the 50-day and 200-day simple moving averages (SMAs), indicating potential for further upward movement. After breaking out from an ascending triangle formation, the altcoin surged to its ATH of $0.00001725. However, the momentum weakened, allowing for a pullback to the 0.5 Fibonacci retracement level.

PEPE 的价格目前高于 50 日和 200 日简单移动平均线 (SMA)，表明有进一步上涨的潜力。在突破上升三角形形态后，山寨币飙升至 0.00001725 美元的 ATH。然而，动能减弱，导致回调至 0.5 斐波那契回撤位。

A strong bullish response was observed as the price briefly touched and rebounded from this retracement level. The 0.5% Fibonacci retracement coincides with the top of the ascending triangle formation, indicating a potential buy zone for investors.

当价格短暂触及该回撤水平并反弹时，出现了强烈的看涨反应。 0.5% 斐波那契回撤位与上升三角形的顶部重合，表明投资者存在潜在的买入区域。

A recovery from this level could drive PEPE's price towards $0.00001981, facing possible resistance at $0.000014 and $0.000017. On the downside, support lies around $0.00001 if bearish pressure intensifies.

从该水平反弹可能会将 PEPE 的价格推向 0.00001981 美元，可能面临 0.000014 美元和 0.000017 美元的阻力。下行方面，如果看跌压力加剧，支撑位约为 0.00001 美元。

Increased Investor Interest

投资者兴趣增加

Despite the recent price decline, on-chain analysis company Santiment reports an all-time high of 218,000 Pepe investors, suggesting anticipation of a significant move. However, concerns arise from an increase in Pepe's total supply from 420.78 trillion to 422.55 trillion, raising questions about the minting of new coins.

尽管近期价格下跌，但链上分析公司 Santiment 报告称，Pepe 投资者数量创历史新高，达到 218,000 名，这表明人们预期将出现重大变动。然而，Pepe 的总供应量从 420.78 万亿增加到 422.55 万亿，引发了对新币铸造的质疑。

Future Prospects Remain Uncertain

未来前景仍不确定

As the cryptocurrency market evolves, memecoins like PEPE are predicted to lead the next bull run. However, the future remains uncertain, with investors hoping to surpass the previous ATH. Time will determine if PEPE can indeed reach new heights in the dynamic cryptocurrency landscape.

随着加密货币市场的发展，像 PEPE 这样的模因币预计将引领下一轮牛市。然而，未来仍然不确定，投资者希望超越之前的最高纪录。时间将决定 PEPE 是否确实能够在动态的加密货币领域达到新的高度。