The post Pepe Coin (PEPE) Price Prediction for March 3 appeared on BitcoinEthereumNews.com.

Currently, Pepe Coin (PEPE) is trading at $0.000007976 after a 1.42% decrease in the last 24 hours. Over the past 30 days, the coin has been down 39.99%, indicating substantial volatility and a challenging longer-term performance. Pepe Coin Price Analysis This short-term dip could be attributed to temporary profit-taking or market uncertainty. However, the more concerning data is the 39.99% decline over the last 30 days, which suggests that the coin has faced prolonged selling pressure or shifting investor sentiment. Understanding these dynamics is key for traders looking to gauge whether the recent 24-hour decline is a fleeting correction or a sign of deeper, longer-term challenges. Moving Averages and Trendlines Moving averages help smooth out the noise of daily price movements and reveal underlying trends: Short-Term Averages:The 20-day and 50-day Simple Moving Averages (SMAs) are used to gauge near-term momentum. Currently, Pepe Coin’s price is hovering near these short-term averages. If the price manages to stay above these levels, it may indicate that the recent decline is only temporary and that buyers could step in to push the price higher. Long-Term Averages:The 100-day and 200-day SMAs provide insight into the broader trend. Given that PEPE is down 39.99% over the past 30 days, it is trading well below these longer-term averages. A recovery that brings the price back above these critical levels could signal a reversal in the prevailing bearish trend. Support and Resistance Levels Key support and resistance levels provide actionable price points for traders: Support Levels:Immediate support for PEPE appears to be around $0.00000750 to $0.00000780. Holding these levels is crucial; a breakdown could lead to further declines. Resistance Levels:On the upside, resistance is expected near $0.00000820 to $0.00000850. Breaking above this resistance could signal a short-term recovery, possibly setting the stage for a rally. Pepe Coin Price…

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Filed under: News - @ March 3, 2025 11:24 pm