{"id":156561,"date":"2023-09-15T17:28:42","date_gmt":"2023-09-15T11:58:42","guid":{"rendered":"https:\/\/dripp.zone\/news\/will-pepe-coin-rise-above-0-0000008-crypto-news\/"},"modified":"2023-09-15T17:28:45","modified_gmt":"2023-09-15T11:58:45","slug":"will-pepe-coin-rise-above-0-0000008-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/will-pepe-coin-rise-above-0-0000008-crypto-news\/","title":{"rendered":"Will Pepe Coin Rise Above $0.0000008? &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"post-159299\">\n<p>\nA rise above the\u00a0 $0.0000007 psychological level may PEPE price for significant recovery; is it the right time to enter?\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\/QVITit5P-e1694778347104.png\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"PEPE Price\" decoding=\"async\" fetchpriority=\"high\" \/><\/noscript><\/div>\n\n\n--><\/p>\n<p class=\"MarketsUp f-14 d-block\">Published 4 seconds ago  <\/p>\n<div class=\"Atcs\">\n<p><span style=\"font-weight: 400\">During the second week of September, the crypto market saw a notable sell-off. The Pepe coin wasn\u2019t spared, breaking below the psychological support of\u00a0 $0.0000007 with considerable volume. This move seemed to highlight the sellers\u2019 determination to push the price down. Yet, with Bitcoin rallying from the $25,000 benchmark, there\u2019s been a shift in market sentiment, causing the Pepe price descent to plateau and casting doubts on its future trajectory.<\/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\/markets\/pepe-price-prediction-whats-next-for-pepe-coin\/\">What\u2019s Next For Pepe Coin After Losing $0.0000007 Support?<\/a><\/p>\n<h2><b>Failed Breakdown of $0.0000007 may Bolster PEPE Price to Regain Lost Ground<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Bear trap set could increase the demand pressure in the SHIB price<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">A bearish reversal from $0.0000007 could push the prices 46% higher<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">The 24-hour trading volume in the Pepe coin is 44.9 $ Million, indicating a 2.11% loss.<\/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\" width=\"1946\" height=\"1104\" data-lazy-src=\"https:\/\/s3.tradingview.com\/snapshots\/q\/QVITit5P.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"https:\/\/s3.tradingview.com\/snapshots\/q\/QVITit5P.png\" alt=\"PEPE Price\" width=\"1946\" height=\"1104\"\/><\/noscript>Source- Trading<\/span><\/p>\n<p><span style=\"font-weight: 400\">The past four days of <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/price\/pepe-coin\/\">Pepe coin price<\/a> movement are tightly contained within the price range established on September 11th. This day\u2019s candle high at\u00a0 $0.00000071 acts as a significant resistance, while its low at\u00a0 $0.00000064 serves as formidable support.\u00a0<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400\">The lack of a bearish follow-through after breaking the\u00a0 $0.0000007 mark hints at dwindling bearish momentum. Given the overall market\u2019s budding recovery signs, it\u2019s plausible for memecoin enthusiasts to drive Pepe coin above the mentioned level, framing the recent breakdown as a mere bear trap.\u00a0<\/span><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400\">Should this breakout materialize, it\u2019s likely to further boost buying momentum, pushing prices well beyond the $0.00000085 threshold.<\/span><\/p>\n<h2><b>Chart Pattern Reflect Threat for further correction<\/b><\/h2>\n<p><span style=\"font-weight: 400\"><img decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"TradingView Chart\" data-lazy-src=\"https:\/\/s3.tradingview.com\/snapshots\/t\/TB80oTHQ.png\"\/><noscript><img decoding=\"async\" src=\"https:\/\/s3.tradingview.com\/snapshots\/t\/TB80oTHQ.png\" alt=\"TradingView Chart\"\/><\/noscript><\/span><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<p><span style=\"font-weight: 400\">On the 4-hour time frame chart, the current price consolidation forms what looks like a bearish pennant \u2014 a pattern typically seen during ongoing downtrends and defined by converging trend lines. If Pepe coin\u2019s price breaches the pennant\u2019s lower boundary, it would signal that sellers have regained control, potentially driving prices down to as low as $0.0055.<\/span><\/p>\n<ul>\n<li><b>Exponential Moving Average:<\/b><span style=\"font-weight: 400\"> The downsloping\u00a0 20-day <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/education\/exponential-moving-average-how-to-leverage-it-in-crypto-market\/\">EMA<\/a> reflects high selling momentum in active<\/span><\/li>\n<li><b>Average Directional Index: <\/b><span style=\"font-weight: 400\">The daily ADX slope at 47% indicates the ongoing downward trend could exhaust soon to offer buyers an opportunity to reclaim trend control<\/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-will-pepe-coin-rise-above-0-0000008\/&#038;text=PEPE Price Prediction: Will Market Reversal Push Pepe Coin Recovery Above $0.0000008?\" 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-will-pepe-coin-rise-above-0-0000008\/\" 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-will-pepe-coin-rise-above-0-0000008\/\" 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-will-pepe-coin-rise-above-0-0000008\/\" 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=\"TabA159299\">\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=\"TabD159299\">\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 rise above the\u00a0 $0.0000007 psychological level may PEPE price for significant recovery; is it the right time to enter? Published 4 seconds ago During the second week of September, the crypto market saw a notable sell-off. The Pepe coin wasn\u2019t spared, breaking below the psychological support of\u00a0 $0.0000007 with considerable volume. This move seemed [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":156562,"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-156561","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\/156561","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=156561"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/156561\/revisions"}],"predecessor-version":[{"id":156563,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/156561\/revisions\/156563"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/156562"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=156561"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=156561"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=156561"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}