Pepe Price Prediction: PEPE Plunges 7% As Traders Migrate To This Solana Meme Coin With CEX Listing Imminent

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The
Pepe
price
has
plunged
7%
in
the
past
24
hours



to
trade
at
$0.000007206


as
of
7:20
a.m.
EST
on
a
23%
drop
in
trading
volume
to
$738
million.


PEPE
was
last
week
dethroned
by
Dogwifhat
(WIF)
as
the
third-largest
meme
coin
by
market
capitalization,
and
it
now
lags
behind
the
Solana
meme
coin
sensation
by
almost
$1
billion.


Pepe
Price
Consolidates
Into
A
Bullish
Pennant

Pepe Price


PEPEUSDT
Analysis
by
Tradingview


The
Pepe
price
is
currently
trading
below
its
all-time
high
of
$0.00001064.
However,
it
indicates
some
positive
signs
of
rebound
within
a
bullish
pennant
pattern.
This
pattern
suggests
that
the
bullish
trend
for
Pepe
might
continue.


The
price
of
Pepe
is
on
the
rise
within
this
pennant,
bouncing
back
from
the
lower
trendline.
Additionally,
the
price
has
slightly
crossed
above
both
the
50
and
200
simple
moving
averages
(SMAs)
on
the
4-hour
chart,
which
could
indicate
the
beginning
of
a
bull
rally
as
buyers
become
more
active.


The
Macd
indicates
a
rebound
below
the
neutral
level
as
the
blue
line
crosses
the
orange
signal
line.
Moreover,
the
histogram
indicates
positivity
near
the
neutral
level.


The
relative
strength
index
(RSI)
indicates
a
reversal
on
the
30
oversold
level
towards
the
50
midline
level.
Increased
momentum
should
see
the
RSI
surge
to
overbought,
indicating
intense
buying
pressure. 

Pepe Price


Pepe
Price
Bullish
Pennant
Signals
A
Rebound


The
bullish
pennant
suggests
that
the
upward
trend
might
continue,
potentially
increasing
the
price.
If
the
price
continues
to
bounce
back
from
the
lower
trendline
of
the
pennant,
it
could
help
the
buyers
break
through
the
resistance
level
at
the
previous
all-time
high
of
$0.00001064
to
reach
a
new
high
of
$0.00001525.


However,
if
the
sellers
take
charge,
there’s
a
chance
the
price
could
drop
below
the
lower
boundary
of
the
pennant,
reaching
around
$0.00000661,
leading
to
a
retreat
by
the
buyers
toward
the
support
zone
at
around
$0.00000450.


Meanwhile,
investors
are
scrambling
to
get
their
hands
on
$SMOG
so
they
catch
the
positive
sentiment
that’s
likely
to
be
driven
by
the
token’s
imminent
listing
on
MEXC. 



The
Smog


meme
coin
on
Solana
continues
to
attract
massive
investor
interest
ahead
of
its
listing


on
MEXC
at
6:50
a.m.
UTC
on
April
4,
with
trading
beginning
at
9
am
UTC.


Don’t
Miss
SMOG
Season
2
Airdrop,
And
Staking 


With
Season
1
of
a
$1million
airdrop
now
closed,
S
eason
2
is
set
to
kick
off
tomorrow.
Unlike
Season
1,
which
focused
on
completing
quests
on
Zealy,
Season
2
will
place
greater
importance
on
on-chain
trading.


This
means
that
the
higher
the
volume
held
or
traded,
the
greater
the
airdrop
rewards
will
be
in
season
2.


Apart
from
the
airdrop
giveaways
and
the
likely
boost
to
the
price
from
the
MEXC
listing,
SMOG
holders
can
also
stake
their
tokens
for
an
annual
return
of
42%.
The
developer
has
also
hinted
that
another
CEX
listing
may
be
imminent,
perhaps
as
early
as
this
week. 



Buy
Smog
tokens
using
SOL,
USDT,
or
BONK
here.


Related
Articles

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