{"id":153647,"date":"2023-09-11T19:12:11","date_gmt":"2023-09-11T13:42:11","guid":{"rendered":"https:\/\/dripp.zone\/news\/whats-next-for-pepe-coin-crypto-news\/"},"modified":"2023-09-11T19:12:14","modified_gmt":"2023-09-11T13:42:14","slug":"whats-next-for-pepe-coin-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/whats-next-for-pepe-coin-crypto-news\/","title":{"rendered":"What\u2019s Next For Pepe Coin? &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"post-158941\">\n<p>\nA bearish breakdown below $0.0000007 support sets the Pepe price for a prolonged correction.\t\t\t\t<\/p>\n<p><!--\n     \n\n<div class=\"marketThumbs\">\n             <noscript><img width=\"1200\" height=\"681\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/09\/x88bcjsb-e1694439042748.png\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"PEPE Price Prediction\" decoding=\"async\" fetchpriority=\"high\" \/><\/noscript><\/div>\n\n\n--><\/p>\n<p class=\"MarketsUp f-14 d-block\">Published 14 seconds ago  <\/p>\n<div class=\"Atcs\">\n<p><span style=\"font-weight: 400\">Amid the recent uncertainty in the crypto market, the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/price\/pepe-coin\/\">Pepe coin price<\/a> performance in early September was marked by significant volatility. Initially, the coin moved within two converging trendlines recognized as a bearish pennant pattern. While the sideways movement during this chart formation reflects the market\u2019s indecisive nature, a recent breakdown from its support trendline intensifies supply pressure.<\/span><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<p>Also Read: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/pepe-coin-telegram-hack-risks-potential-dump-by-whales\/\">Pepe Coin Telegram Hack Risks Potential Dump By Whales<\/a><\/p>\n<h2><b>\u00a0$0.0000007 Support Breakdown Points to Major Downfall<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">A channel pattern continues to lead the downward trend in Pepe Coin<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">A bearish breakdown from $0.0000007 will set the prices for an 18.6% fall<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">The 24-hour trading volume in the Pepe coin is $56.8 Million, indicating a 10.8% gain.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"PEPE Price Prediction\" width=\"1946\" height=\"1104\" data-lazy-src=\"https:\/\/s3.tradingview.com\/snapshots\/x\/x88bcjsb.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"https:\/\/s3.tradingview.com\/snapshots\/x\/x88bcjsb.png\" alt=\"PEPE Price Prediction\" width=\"1946\" height=\"1104\"\/><\/noscript>Source- Trading<\/span><\/p>\n<p><span style=\"font-weight: 400\">On September 10th, the Pepe Coin price gave a bearish breakdown from the support trendline of the bearish pennant pattern. This development, along with the rising supply pressure across the altcoin domain, resulted in the coin\u2019s value plummeting by an alarming 14.4% within a span of 48 hours.<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400\">At present, Pepe Coin is trading at $0.00000067, having slid below the psychological support of the $0.0000007 mark. Therefore, the trajectory of frog-themed memecoin, at least in the short term, seems to be teetering on the brink of a more extended descent.<\/span><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400\">If the daily candle closes below the\u00a0 $0.0000007 mark, the underlying bearish momentum will rise for short-selling traders. With sellers appearing to have the upper hand, there\u2019s potential for a slide down to the $0.00000055 mark\u2014a sizable 18.6% decline from its current position.<\/span><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<h2><b>Here\u2019s How PEPE Price May Resume Bullish Recovery<\/b><\/h2>\n<p><span style=\"font-weight: 400\">While the downward projection seems valid for Pepecoin, the coin price is still wobbling with the range of a <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/education\/falling-wedge-pattern-what-to-do-if-it-appears-on-a-crypto-chart\/\">falling channel pattern<\/a>. The anticipated downfall would likely hit the lower frame of the pattern, which could offer buyers suitable support to counterattack. However, a breakout above the pattern\u2019s overhead resistance will offer a better confirmation of recovery.<\/span><\/p>\n<ul>\n<li><b>Bollinger Band: <\/b><span style=\"font-weight: 400\">A downtick in the lower band of the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/education\/bollinger-band\/\">Bollinger band indicator<\/a> reflects aggressive bearish momentum in play.\u00a0<\/span><\/li>\n<li><b>Average Directional Index: <\/b><span style=\"font-weight: 400\">The daily ADX slope at 47% indicates the downward trend could soon reach maturity and therefore provide an opportunity for fresh recovery.\u00a0<\/span><\/li>\n<\/ul><\/div>\n<div class=\"MarketBottm\">\n<div class=\"Socilsm\">\n<p>\n                    Share this article on:<\/p>\n<div class=\"LinksSo\">\n                    <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.me\/share\/url?url=https:\/\/coingape.com\/markets\/pepe-price-prediction-whats-next-for-pepe-coin\/&#038;text=PEPE Price Prediction: What\u2019s Next For Pepe Coin After Losing $0.0000007 Support?\" class=\"TeleS\"><i class=\"fa fa-paper-plane-o\"\/><\/a><br \/>\n                    <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/api.whatsapp.com\/send?text=https:\/\/coingape.com\/markets\/pepe-price-prediction-whats-next-for-pepe-coin\/\" data-action=\"share\/whatsapp\/share\" class=\"TeleSwp\"><i class=\"fa fa-whatsapp\"\/><\/a><br \/>\n                    <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/share?url=https:\/\/coingape.com\/markets\/pepe-price-prediction-whats-next-for-pepe-coin\/\" class=\"tw_new_logo\"><br \/>\n<img loading=\"lazy\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" class=\"mb-1\" alt=\"coingape\" width=\"18\" height=\"18\" data-lazy-src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/14164721\/x-logo.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/14164721\/x-logo.png\" class=\"mb-1\" alt=\"coingape\" width=\"18\" height=\"18\"\/><\/noscript><br \/>\n<\/a><br \/>\n                    <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer\/sharer.php?u=https:\/\/coingape.com\/markets\/pepe-price-prediction-whats-next-for-pepe-coin\/\" class=\"TeleSFb\"><i class=\"fa fa-facebook\"\/><\/a>\n                    <\/div>\n<\/p><\/div>\n<\/div>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA158941\">\n<div class=\"authorBox\">\n<div class=\"author_Name\">\n<!--\n                                      \n\n<div class=\"getAuthoname\">\n                                          \n                                                                                 \n                                       <\/div>\n\n \n--><\/p>\n<p>Sahil is a dedicated full-time trader with over three years of experience in the financial markets. Armed with a strong grasp of technical analysis, he keeps a vigilant eye on the daily price movements of top assets and indices. Drawn by his fascination with financial instruments, Sahil enthusiastically embraced the emerging realm of cryptocurrency, where he continues to explore opportunities driven by his passion for trading                         <\/p>\n<\/p><\/div>\n<div class=\"author_Image\">\n                                             <img loading=\"lazy\" alt=\"\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" data-lazy-srcset=\"https:\/\/secure.gravatar.com\/avatar\/a533fdcf650a1d3d3b6a452bcef2d18a?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" data-lazy-src=\"https:\/\/secure.gravatar.com\/avatar\/a533fdcf650a1d3d3b6a452bcef2d18a?s=200&#038;d=mm&#038;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/a533fdcf650a1d3d3b6a452bcef2d18a?s=200&#038;d=mm&#038;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/a533fdcf650a1d3d3b6a452bcef2d18a?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript>                                       <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD158941\">\n<p>  The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n<p>     <!--           <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/category\/price-analysis\/\" class=\"closeArticle2 close-btn\">Close Story<\/a>--><\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A bearish breakdown below $0.0000007 support sets the Pepe price for a prolonged correction. Published 14 seconds ago Amid the recent uncertainty in the crypto market, the Pepe coin price performance in early September was marked by significant volatility. Initially, the coin moved within two converging trendlines recognized as a bearish pennant pattern. While the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":153648,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[188,183,185,186,187,184,189,150,182,190],"class_list":["post-153647","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-blockchain-tech","tag-blockchain-technology","tag-crypto-technology","tag-cryptocurrency-technology","tag-metaverse-technology","tag-nft-technology","tag-soul-bound-token","tag-tech","tag-technology","tag-token-technology"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/153647","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=153647"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/153647\/revisions"}],"predecessor-version":[{"id":153649,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/153647\/revisions\/153649"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/153648"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=153647"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=153647"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=153647"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}