PEPE Coin draws investor attention by holding strong positions above its 100-day moving average. Analysts project possible further growth similar to renowned cryptocurrencies like DOGE and SHIB.
Influence of DOGE and SHIB 2021 Market Caps
Analysts link PEPE Coin's growth potential to the market caps of DOGE and SHIB in 2021. Strong market trends and sentiment drive optimistic expectations for significant PEPE expansion.
PEPE’s Growth Deviation from Bitcoin
PEPE's growth charts in relation to Bitcoin suggest the potential for a 4x rally. Historical data shows that similar deviations were seen in April 2024, providing optimism for potential growth repetition.
Cyclical RSI Trends and PEPE's Stabilization
Current PEPE price movements demonstrate the cyclical nature of the RSI indicator. This behavior helps identify stabilization zones and probable rallies in the future.
With current market conditions and technical analysis, PEPE Coin can follow in the footsteps of successful meme cryptocurrencies, such as DOGE and SHIB, aiming for growth and new historical highs.