PEPE Price Rebound Possible—Here's Target
The meme coin market fell with the crypto industry this week. The meme token's double-digit price decline was one of the market's most worrisome developments.
PEPE briefly touched $0.000018 on Saturday, January 11, suggesting it has found support around $0.000017. Interestingly, a renowned crypto expert on X has warned to acquire meme coin.
Can Pepe Return To $0.0000191?
A top crypto trader posted an amazing Pepe price prediction on X after several calm days for the coin. According to the commentator, PEPE may comeback to its earlier highs.
The Tom Demark “TD” Sequential buy signal for the third-largest meme currency on its 12-hour price chart guided this forecast. Technical analysts utilize the Tom Demark Sequential to predict bitcoin trend depletion and price reversal.
The momentum and trend exhaustion stages of this technical analysis indicator are usually the TD Setup and TD Countdown. The TD Setup phase involves a 9-candle count of the same polarity following a price reversal. The 13-candle TD Countdown phase follows the Setup phase.
On January 4, 2025, TD Sequential indicator flashed a sell signal for Pepe following the Setup phase. By January 9, the meme token's value dropped 24% to 0.0000167.
Martinez also reported a bullish TD Sequential indication. The crypto expert expects PEPE to bounce to $0.0000185–$0.0000191 if this alert holds. This is nearly 10% more than the current pricing.
PEPE Price Overview
Pepe is now trading at $0.000019, up roughly 2% in 24 hours. Over the last week, CoinGecko reports the third-largest meme currency down 15%.
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