Will Pepecoin (PEPE) Price Yield A 10x-15x Rally in 2024?

Pepecoin (PEPE) 价格会在 2024 年上涨 10-15 倍吗？

With a massive 65% jump this week, the PEPE price action exhibits increased momentum and buying pressure. Furthermore, as the broader market recovers with Bitcoin approaching $69K and Ethereum ETFs approval, the chances of a bull run for meme coins are improving.

PEPE 价格本周大幅上涨 65%，表现出强劲的势头和购买压力。此外，随着比特币逼近 6.9 万美元和以太坊 ETF 获批，大盘复苏，迷因币牛市的可能性正在提高。

Amidst the growing demand for cryptocurrencies, will meme coins explode this year? Can the PEPE price yield a 10x to 15x rally in 2024? Will it reach $1 by 2030? Delve deeper into our PEPE price prediction to find out.

随着加密货币的需求不断增长，迷因币今年会爆炸吗？ 2024 年 PEPE 价格能否上涨 10 至 15 倍？到2030年会达到1美元吗？深入研究我们的 PEPE 价格预测来找出答案。

PEPE Price Performance

PEPE 性价比

After breaking out of a rounding bottom in the daily chart, the PEPE price has surpassed the $0.00001 psychological level. The neckline breakout has extended the bullish trend by 65% this week, increasing the market value of the memecoin by 178% over the past 5 weeks.

在日线图上突破圆底后，PEPE 价格已突破 0.00001 美元的心理水平。颈线突破本周将看涨趋势延长了 65%，过去 5 周 Memecoin 的市值增加了 178%。

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交易视图

On a larger scale, the memecoin has surged by nearly 1300% in the past 14 weeks, reflecting a significant jump in PEPE demand in the retail market. The 65% surge this week has created a bullish engulfing candle in the weekly chart.

从更大范围来看，memecoin 在过去 14 周内飙升了近 1300%，反映出零售市场 PEPE 需求的大幅跃升。本周上涨 65%，在周线图中形成了一根看涨吞没蜡烛。

The PEPE price is currently trading at $0.00001510, with an intraday growth of 6.82%, offsetting the 5.26% decline last night.

PEPE价格目前交易价格为0.00001510美元，盘中涨幅为6.82%，抵消了昨晚5.26%的跌幅。

Technical Indicators:

技术指标：

• RSI: The daily RSI line remains in the overbought zone, indicating an overall increase in demand.
• Historical Volatility: The HV line has risen from 101 to 191 within a week, reflecting increased volatility and supporting the prevailing uptrend as the bull run continues.

Will PEPE Rally Jump 1000%?

RSI：日线RSI线仍处于超买区域，表明需求总体增加。历史波动性：HV线在一周内从101升至191，反映出波动性增加，并随着牛市的继续而支撑当前的上升趋势。 PEPE集会跳1000%？

In the daily chart, the bullish trend continues above the 100% trend-based Fibonacci level at 0.000015. With the continuation of the higher high trend and the unleashed trend momentum after the rounding bottom breakout, the PEPE price is expected to exceed the $0.00002 mark.

在日线图中，看涨趋势继续高于 100% 基于趋势的斐波那契水平 0.000015。随着较高高位趋势的延续以及圆底突破后趋势动能的释放，PEPE价格预计将突破0.00002美元大关。

Beyond that, the meme coin could target the 2.618% trend-based Fibonacci level at 0.0000277.

除此之外，模因币的目标可能是 2.618% 基于趋势的斐波那契水平 0.0000277。

In the longer term, with upcoming bullish catalysts in the crypto market, such as the Uptober rally, alt season, and potential rate cuts, the meme coin could soar even higher. Therefore, the possibility of a 10x-15x rally in PEPE price is a feasible target for 2024 as buying pressure intensifies.

从长远来看，随着加密货币市场即将出现的看涨催化剂，例如 Uptober 反弹、山寨币季节和潜在的降息，迷因币可能会飙升得更高。因此，随着购买压力加剧，PEPE 价格上涨 10 倍至 15 倍的可能性是 2024 年的可行目标。