Pepe Price Prediction: 2024, 2025, 2030

PEPE price prediction: Key highlights

1. Primary support and resistance levels

• An analysis of the daily chart pointed to $0.0000170 as the highest resistance level.
• Meanwhile, $0.0000066 was marked as the lowest support level.

2. Market sentiment

• In June 2024, the PEPE market is slightly bearish.

3. Predictive forecasts

• Based on our AI/ML predictive algorithms, PEPE is forecasted to target an average approximate price of $0.0001 in 2026 and $0.001 by 2030.

Gain valuable insights on PEPE’s future trajectory through a comprehensive daily technical analysis, followed by the coming days of the month, upcoming months, and yearly forecast tables derived from our AI/ML-based predictive models: 

PEPE technical analysis: Can bulls spark a rebound?

Pepe’s (PEPE) hype has propelled it to the limelight among memecoins. The token’s uniqueness has sparked significant interest, making Pepe's price prediction for 2024 a crucial aspect for investors and market analysts.

The period under review started with the frog-themed token stabilizing at its lowest support at $0.0000066. At the onset of May, a major increase in active addresses on the network triggered an uptick. Consequently, the price continued to make higher highs.

This rally was halted briefly at the critical point of $0.0000106 in mid-May. Notably, AMBCrypto reported that PEPE achieved new all-time highs (ATHs) for three consecutive days. This surge in value was accompanied by an increase in the number of token holders, suggesting a rising interest in the asset. 

Despite a slight retracement, the uptrend continued, breaking past significant barriers throughout late May. This month earned a lot of profit for holders as the price pumped. The trajectory culminated in the token marking a new peak ATH on May 27, surging to $0.0000172. This milestone marked $0.0000170 as the highest barrier.

Nonetheless, this peak was followed by a decline triggered by an overbuying spree. Furthermore, AMBCrypto noted a rise in PEPE's supply on exchanges alongside a decrease in its supply outside of exchanges, indicating that investors were moving to offload their holdings. Lastly, the supply of PEPE held by top addresses was slightly reduced.

Efforts to hold base at $0.0000143 faltered by early June as a substantial drop drove the token to $0.0000117. As the analysis concluded, the token was valued at $0.0000121. 

The market hints that any incoming declines might be halted at $0.0000106. However, if this critical support level is breached, the next significant level to watch is $0.0000087. This could become a critical magnetic zone, indicating that substantial price activity might occur around this area.
 

AMBCrypto analyzed Santiment's data, noting a recent surge in PEPE's daily active addresses. Moreover, the ratio of on-chain transaction volume was heavily skewed towards profit, indicating active user engagement and potential accumulation. 

These trends pointed to a likely resumption of the uptrend soon. This can pave the way for the token to reclaim its ATH in the short-to-medium term. A sustained momentum can propel PEPE to go over $0.0000200.
 

Looking ahead, predictive models maintain a moderately optimistic stance on PEPE's growth trajectory. By 2026, forecasts suggest an average price target of $0.0001, with expectations of reaching $0.001 by 2030. These projections highlight PEPE's immediate appeal and viability as a memecoin with great market potential.

PEPE's 2024 roadmap: Key indicators to watch and trade

• The Chaikin Money Flow (CMF) remained predominantly positive but experienced brief drops below the zero line in mid-May. It decisively plunged to register negative values in the second week of June. 
• At the time of writing, the CMF registered at -0.05. This value pointed to an outflow of money from the asset.
• The trading volume accompanied the price’s higher highs. It dropped again in late May, reflecting investor withdrawal.
• The Moving Average Convergence Divergence (MACD) line and its signal line ascended initially, with the former over the zero line. Meanwhile, the latter followed suit in late April. This upward trajectory was reversed in late May as the lines took an alternate course, making a bearish crossover in June.
• The latest recorded values were the MACD line at -0.00000010, the signal line at 0.00000055, and the histogram at -0.00000045. The indicator’s descending movement pointed to a reversal to a downtrend.