PEPE to $0.00005? This Trader Makes a Shocking PEPE Price Prediction

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The PEPE price is back in the spotlight after jumping 15% today. It’s one of the top-performing coins in the market right now. While the whole crypto space is turning green, meme coins like PEPE are gaining extra momentum.

A popular trader named Crypto Seth shared a bold PEPE price prediction. In his tweet, he said PEPE is “beginning the explosion” and sees a move toward $0.00005 as “reasonable.” That would be a 4x move from today’s price of around $0.00001271.

PEPE Breaks Out of Its Range

Looking at the chart, PEPE just broke out of a long sideways range. For weeks, the price had been stuck between $0.000009 and $0.000011. Today, it broke above that zone with a strong candle and higher volume.

This kind of move usually shows growing interest. It also lines up with the general market pump we’re seeing across altcoins and meme tokens.

Source: X/@seth_fin Is $0.00005 a Realistic Target?

The trader’s chart points to a move toward $0.00005, but there are a few levels to watch before that happens. First, PEPE needs to hold above $0.000013 and then push through $0.000015, which was a key resistance in June.

The next important area sits around $0.00002–$0.000025. That zone was the breakdown point earlier this year. If PEPE can break and stay above it, the road to $0.00005 opens up.

But reaching that level would still need a lot of help. It would likely require more hype, strong meme coin momentum, or big news from exchanges or influencers.

The RSI on the chart is rising and just below 60. That shows strength, but there’s still room before hitting the overbought zone. In past rallies, similar RSI moves led to decent price surges, which supports the idea of more upside.

Read also: Here’s Why Pudgy Penguins (PENGU) Price Is Pumping

Bottom Line

PEPE is moving fast, and the meme coin market is paying attention. The prediction of $0.00005 is aggressive, but not impossible if the trend continues.

For now, the main focus is whether the price can stay above the breakout zone. If it does, short-term traders may look for $0.000015–$0.00002 as the next targets.

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The post PEPE to $0.00005? This Trader Makes a Shocking PEPE Price Prediction appeared first on CaptainAltcoin.

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GateUser-617320d5vip
· 07-11 09:25
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