• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Pepe's price movement forecast: a potential increase to $0.0000015

Pepe's price movement forecast: a potential increase to $0.0000015

user avatar

by Max Nevskyi

a year ago


On January 11th, the meme coin Pepe (PEPE) reached a peak of $0.00000149, but it dropped to $0.0000011 by the following day. This indicates the return of sellers to the market, preventing the coin from retesting the $0.0000015 level. Over the past week, the price of PEPE has increased by 6.4%, but the $0.0000015 level has previously acted as resistance.

For further growth in PEPE's price, a significant number of bullish orders are needed to overcome this zone. If market liquidity matches buyer demand, there may be an additional 5% increase in price.

The Chaikin Money Flow indicator shows a decrease to 0.07, which could suggest a potential breakthrough below the support level. However, as the indicator has not entered the negative zone, there is a chance that PEPE will hold above $0.0000012.

The RSI shows a slight increase from the average level, but significant selling pressure could negate the bullish trend. On the 4-hour PEPE/USD chart, there is an increase in capital inflow, which may contribute to price growth. However, in the derivatives market, demand for PEPE has decreased, as seen in the declining open interest and 24-hour volume.

A decrease in open interest during a price increase can indicate weakening of the uptrend. Nevertheless, according to Coinglass data, the funding rate has started to rise, indicating an increase in the cost of maintaining open contracts. A positive funding rate suggests that long positions are paying shorts to stay in the game, while a negative rate indicates bearish sentiment.

At the time of writing, the PEPE funding rate was 0.011%, indicating that the cryptocurrency is trading at a premium compared to the spot price. This also means that long positions are more aggressive but are not yet receiving rewards for their bets.

Overall, the current price movement of PEPE, combined with the rising funding rate, suggests the possibility of reaching resistance at the $0.0000015 level.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Grayscale Boosts Cardano's Allocation to 18.5%, Forecasting ADA Price Growth

chest

Grayscale has raised Cardano's weight in its Smart Contract Fund to 18.5%, supporting a positive outlook for ADA price.

user avatarGiorgi Kostiuk

Tokens AFFIRM, VIRUS, and GreenJak: Top Gainers on Pump.fun

chest

AFFIRM, VIRUS, and GreenJak demonstrate significant 24-hour gains, capturing trader attention on Pump.fun.

user avatarGiorgi Kostiuk

14,000 BTC Transferred by Unknown Holder After Six Years

chest

An unknown Bitcoin holder moved 14,000 BTC, causing market fluctuations. Community discussions anticipated potential outcomes.

user avatarGiorgi Kostiuk

Best Crypto Sportsbooks for Bitcoin Betting in 2025

chest

An overview of the best crypto sportsbooks for Bitcoin betting in 2025, including Dexsport, BetUS, Sportsbet.io, and more.

user avatarGiorgi Kostiuk

Crypto Theft in South Korea: Security Lessons for Traders

chest

Two individuals were arrested in South Korea for orchestrating a theft during cryptocurrency transactions. Learn about OTC trading risks and security measures.

user avatarGiorgi Kostiuk

Ethereum Casinos: Merging Traditional Gambling with Blockchain Technology

chest

Ethereum casinos ensure security, transparency, and efficiency, offering new possibilities for players in online gaming.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.