{"id":3784,"date":"2024-07-24T20:30:17","date_gmt":"2024-07-24T20:30:17","guid":{"rendered":"https:\/\/cryptd.in\/will-pepe-climb-30-this-week-this-analyst-thinks-so\/"},"modified":"2024-07-24T20:30:17","modified_gmt":"2024-07-24T20:30:17","slug":"will-pepe-climb-30-this-week-this-analyst-thinks-so","status":"publish","type":"post","link":"https:\/\/cryptd.in\/ru\/will-pepe-climb-30-this-week-this-analyst-thinks-so\/","title":{"rendered":"Will PEPE Climb 30% This Week? This Analyst Thinks So"},"content":{"rendered":"<p>Traders are becoming drawn to the meme-inspired crypto PEPE, after a technical study by the famous crypto expert World Of Charts shows it has some surprises under its sleeves.<\/p>\n<p>As shown on X, PEPE is forming a positive pennant, which is a common technical sign for big price increases. According to World of Charts, the price of the meme coin could go up by 25 to 30%.<\/p>\n<p>Converging trendlines following a significant price gain, commonly called the flagpole, constitute the bullish pennant, which often indicates a halt before the market continues its upward trajectory.<\/p>\n<p>Pointing out a successful break from this pennant, World of Charts indicated a significant PEPE momentum. This breakout represents a turning point when the token breaks free from the consolidation period inside the convergent trendlines.<\/p>\n<p><a href=\"https:\/\/twitter.com\/search?q=%24Pepe&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$Pepe<\/a><\/p>\n<p>Breaking Bullish Pennant Successful Breakout Can Lead 25-30% Bullish Wave <a href=\"https:\/\/twitter.com\/hashtag\/Crypto?src=hash&amp;ref_src=twsrc%5Etfw\">#Crypto<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Pepe?src=hash&amp;ref_src=twsrc%5Etfw\">#Pepe<\/a> <a href=\"https:\/\/t.co\/o2Z9G6nWRV\">pic.twitter.com\/o2Z9G6nWRV<\/a><\/p>\n<p>- World Of Charts (@WorldOfCharts1) <a href=\"https:\/\/twitter.com\/WorldOfCharts1\/status\/1815885909600133269?ref_src=twsrc%5Etfw\">July 23, 2024<\/a><\/p>\n<p><a href=\"https:\/\/www.coingecko.com\/en\/coins\/pepe\" target=\"_blank\" rel=\"noopener\">PEPE<\/a> was trading at $0.00001263 at the time of writing, suggesting a 4.60% increase; forecasts show a probable climb to $0.00001600, therefore reflecting a possible jump of up to 27%.<\/p>\n\n<h2><strong>Technical Indicators Display Positive Sentiment<\/strong><\/h2>\n<p>For PEPE, the technical signals a cautiously hopeful picture. Now showing a positive trend, the token is trading above both its 50 EMA ($0.000011) and 100 EMA ($0.00001029). At $0.00001288, it immediately encounters opposition nevertheless.<\/p>\n<p>A good breakthrough of this level may drive PEPE towards all-time highs. On the other hand, should PEPE lose its present momentum and below the 50 and 100 EMAs, prices would perhaps drop to the support level of $0.00000842.<\/p>\n<p>Currently at 56.16, the Relative Strength Index (RSI) points to a neutral to somewhat positive attitude lingering over the middle.<\/p>\n<h2><strong>Forecast Highlights Long-Term Possibilities<\/strong><\/h2>\n<p>Over the next seven days, an upswing is expected, thereby reflecting a positive short-term momentum for PEPE. The asset is selling at 228% below its expected value right now, implying notable undervaluation.<\/p>\n<p>For traders hoping to profit on the anticipated price movement, this gap offers a solid buy possibility. Technical signs pointing to rising purchasing pressure and market bullish mood line up with the expected upswing.<\/p>\n<p>Reflecting considerable medium-term promise, PEPE\u2019s price is expected to rise by 245% over the next three months in the mid to long term. With a <a href=\"https:\/\/coincheckup.com\/coins\/pepe-token\/predictions\" target=\"_blank\" rel=\"noopener\">predicted rise of 180%<\/a> in six months, this growth trajectory keeps on, therefore supporting the asset\u2019s great upward momentum.<\/p>\n<p>Based on a one-year projection, which indicates 166% increase showing long-term value appreciation and continuous optimistic attitude. These forecasts imply that PEPE is likely to show notable increases, so it appeals to both long-term and short-term investors.<\/p>\n<p><em>Featured image from X\/<\/em>@Aatroxcarry<em>, chart from TradingView<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>Traders are becoming drawn to the meme-inspired crypto PEPE, after a technical study by the famous crypto expert World Of Charts shows it has some surprises under its sleeves. As shown on X, PEPE is forming a positive pennant, which is a common technical sign for big price increases. According to World of Charts, the [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":3785,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3784","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Will PEPE Climb 30% This Week? This Analyst Thinks So - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/ru\/will-pepe-climb-30-this-week-this-analyst-thinks-so\/\" \/>\n<meta property=\"og:locale\" content=\"ru_RU\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Will PEPE Climb 30% This Week? 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