Will PEPE Price Go Parabolic in May 2025?
The post Will PEPE Price Go Parabolic in May 2025? appeared on BitcoinEthereumNews.com.
PEPE, one of the most talked-about meme coins in recent months, has kept traders guessing with its unpredictable price action. From explosive rallies to sudden dips, it has proven that it doesn’t follow the usual rules of crypto trading. Now, with May kicking off and price levels tightening, investors are wondering: is PEPE price gearing up for another legendary leap, or is it just croaking along sideways? With fresh hourly and daily chart data in hand, let’s break down the signals to see what could be coming in the next 30 days. PEPE Price Prediction: Is PEPE Coin Getting Ready to Pop or Drop? Over the past week, PEPE price has been quietly building up energy. After weeks of sideways trading, the price now sits at around $0.00000879. With bulls and bears locked in a tug-of-war, what happens next could define PEPE’s May. Let’s decode the current chart patterns and figure out whether this frog coin has one more jump left in it. What the Daily Chart Is Saying PEPE/USD 1 Day Chart- TradingView Looking at the daily chart, PEPE price has been consolidating near the 100-day SMA ($0.00000878) with a recent rejection near the 200-day SMA at approximately $0.00001289. That upper resistance is key: the last time PEPE attempted a breakout here, it quickly fell back into a correction. However, the good news for bulls is that PEPE has maintained higher lows since early April, signaling underlying strength. If it breaks and closes above $0.00000950 convincingly, the next target could be around $0.00001200 to $0.00001300. Hourly Chart: Breakdown or Fakeout? PEPE/USD 1 Hr Chart- TradingView The hourly chart, however, paints a more short-term bearish picture. PEPE recently dipped below the 200-hour SMA ($0.00000893), showing some weakness. The sharp candle drop on April 30 indicates strong selling pressure at higher…
Filed under: News - @ April 30, 2025 2:28 pm