PEPE Coin outperforms even the best Memecoin! Will Pepe Price Rise 100% in March?

Pepe memecoin continues to show significant bullish momentum in recent years. The Pepe Coin price has risen by approximately 37% in the past 24 hours, with a cumulative increase of 161.23% this month, indicating a strong bullish influence for Pepe Coin in the market.

PEPE price traded in a closed range between $0.00000086 and $0.00000109 for about two weeks, before the price surged more than 33% within the next three days. However, the bulls faced rejection at the resistance level of $0.00000137, after which the price trended neutral for the next 9 days.

As market volatility increased, bulls attempted several times to break out of the resistance level but were repeatedly rebuffed. Afterwards, the bulls successfully broke through the resistance line, recording a surge of 52.55% in 24 hours, after which the price trended sideways for a short period of time.

Recently, Pepe memecoin regained momentum and recorded an increase in value of about 34%, after which the price was rejected at $0.00000280 and traded sideways for a while. Currently, Pepe Coin is testing a breakout, the outcome of which is unpredictable.

The technical indicator MACD displays a persistent green histogram, indicating strong buying pressure in the cryptocurrency industry. The averages also show an upward pattern, suggesting that prices will continue to gain value in the future.

Will Pepe Coin Rise?

If the market pushes the price above the resistance level of $0.00000280, the bulls will regain momentum and test the upper resistance level of $0.00000315. Moreover, if the bulls continue to maintain their strength, they will continue to rise and get ready to test the upper limit of $0.00000350.

Conversely, if the bears overwhelm the bulls and take control of the market, PEPE price will lose momentum and move lower to test the support level of $0.00000245.

If the bears continue to dominate the market, they will continue to move lower and prepare to test the lower support level of $0.00000209 in the coming weeks.