Pepe Price Prediction: Pepe Plunges 14% As This New Frog Coin Rival Blasts Past $31 Million In Less Than 2 Weeks In Presale
The Pepe price plummeted over 14% in the last 24 hours to trade at $0.00001894 as of 10:10 p.m. EST as investors flee their holdings in the meme coin. This recent drop in the PEPE price has pushed the crypto’s weekly performance deeper into the red zone. The frog-themed token is down more than 25% over the past 7 days as a result. Pepe Price Breaks Below A Multi-Week Support 4-hour chart for PEPE/USD (Source: GeckoTerminal ) The Pepe price dropped below the support level at $0.00001895, which is a level it has not traded under since Dec. 3, according to GeckoTerminal data. As a result, the meme coin is now at risk of testing the subsequent support at $0.00001720 soon. Bulls could, however, identify the crypto’s current price as an opportunity to buy the dip. If buyers decide to accumulate PEPE at its current level, the meme coin might try to reclaim the $0.00001895 support. A 4-hour candle close above this price point could then give the Pepe price the technical found...