{"id":265648,"date":"2024-03-15T20:56:15","date_gmt":"2024-03-15T15:26:15","guid":{"rendered":"https:\/\/dripp.zone\/news\/pepe-may-plunge-x-amid-market-sell-offconsider-this-crypto-news\/"},"modified":"2024-03-15T20:56:19","modified_gmt":"2024-03-15T15:26:19","slug":"pepe-may-plunge-x-amid-market-sell-offconsider-this-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/pepe-may-plunge-x-amid-market-sell-offconsider-this-crypto-news\/","title":{"rendered":"$PEPE May Plunge X% Amid Market Sell-offConsider this? &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p><span style=\"font-weight: 400;\">Pepe price prediction: Pepe, a popular meme coin, has been on an upward trajectory over recent weeks, marking a significant bullish trend. This surge came after PEPE overcame resistance levels, reaching new heights.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, the last day has witnessed a minor setback, with Pepe coin\u2019s value experiencing a slight decline from its peak. Currently, <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/price\/pepe-coin\/\"><span style=\"font-weight: 400;\">Pepe price<\/span><\/a><span style=\"font-weight: 400;\"> at $0.000008825, showing a decrease of over 9% in the last day.<\/span><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.80 --><\/p>\n<h2><strong>Pepe Price Prediction: A Slight Correction in a Bullish Market<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">The trading volume for Pepe has seen a reduction to $2.43 billion, indicating a 9% fall from the previous day. This decrease in trading volume may signal a change in investor sentiment or an adjustment in market dynamics. Currently, with a market capitalization of $3.7 billion, Pepe holds the 37th position on <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coinmarketcap.com\/currencies\/pepe\/\"><span style=\"font-weight: 400;\">CoinMarketCap<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<figure id=\"attachment_186120\" aria-describedby=\"caption-attachment-186120\" style=\"width: 708px\" class=\"wp-caption aligncenter\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/03\/Pepe-monthly-price-chart.png\"><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-186120\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/03\/Pepe-monthly-price-chart.png\" alt=\"Pepe Coin Price Prediction: $PEPE May Plunge X% Amid Market Sell-off\" width=\"708\" height=\"525\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/03\/Pepe-monthly-price-chart.png 708w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/03\/Pepe-monthly-price-chart-300x222.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/03\/Pepe-monthly-price-chart-80x60.png 80w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/03\/Pepe-monthly-price-chart-150x111.png 150w\" sizes=\"auto, (max-width: 708px) 100vw, 708px\"\/><\/noscript><\/a><figcaption id=\"caption-attachment-186120\" class=\"wp-caption-text\">Pepe Coin Price Prediction|Monthly Chart<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Pepe coin\u2019s recent price movements have been within a narrow range, but the overall trend has been decidedly bullish. Over the last week, Pepe has enjoyed a growth of over 5%, with a staggering monthly increase of more than 666%. This growth trajectory has benefited Pepe and has also positively influenced other meme coins such as SHIB, DOGE, BONK, and WIF.<\/span><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.80 --><\/p>\n<p><span style=\"font-weight: 400;\">The cryptocurrency market as a whole has mirrored this slight downturn, with a general bearish movement observed. Both Bitcoin and Ethereum, the market leaders, have seen their prices dip below critical levels, with Bitcoin falling under the $69,000 mark and Ethereum dropping below $3800. This shift suggests a change in investor outlook and overall market conditions.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Despite this brief pullback, Pepe coin\u2019s recent achievements, including surpassing a previous all-time high of $0.00001074, have kept market watchers optimistic. Its strong performance prior to this correction has sparked interest and a positive outlook for its future in a bullish market.<\/span><\/p>\n<h2><strong>Technical Indicators and Future Outlook<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">For <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/markets\/pepe-coin-price-prediction-as-post-correction-rally-sees-20\/\"><span style=\"font-weight: 400;\">Pepe<\/span><\/a><span style=\"font-weight: 400;\"> to continue its upward momentum, maintaining support above the $0.0000088 level is crucial. If this support holds, it could set the stage for <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/blog\/pepe-price-will-pepe-hit-1-in-2024\/\"><span style=\"font-weight: 400;\">Pepe price<\/span><\/a><span style=\"font-weight: 400;\"> to retest the $0.00001 mark and aim for the $0.000015 resistance level. Conversely, a bearish trend could push the coin down to test the $0.000008 support level, with a further drop to $0.000007 possible.<\/span><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.80 --><\/p>\n<p><span style=\"font-weight: 400;\">The daily technical indicators for the <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/markets\/pepe-coin-price-analysis-end-of-the-road-for-bulls-as-pepe-nosedives-5\/\"><span style=\"font-weight: 400;\">Meme coin<\/span><\/a><span style=\"font-weight: 400;\"> suggest increased market activity and potential volatility. The Bollinger Bands show the upper band value at approximately 0.000011713 and the lower band value at roughly 0.00000793. This wide gap indicates high volatility, as the price is currently trading closer to the upper band, showing a recent uptick in price movement.\u00a0<\/span><\/p>\n<figure id=\"attachment_186118\" aria-describedby=\"caption-attachment-186118\" style=\"width: 1154px\" class=\"wp-caption aligncenter\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/03\/PEPEUSD_2024-03-15_17-53-11.png\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-186118\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Pepe Coin Price Prediction: $PEPE May Plunge X% Amid Market Sell-off\" width=\"1154\" height=\"622\" data-lazy-srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/03\/PEPEUSD_2024-03-15_17-53-11.png 1154w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/03\/PEPEUSD_2024-03-15_17-53-11-300x162.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/03\/PEPEUSD_2024-03-15_17-53-11-768x414.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/03\/PEPEUSD_2024-03-15_17-53-11-150x81.png 150w\" data-lazy-sizes=\"(max-width: 1154px) 100vw, 1154px\" data-lazy-src=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/03\/PEPEUSD_2024-03-15_17-53-11.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-186118\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/03\/PEPEUSD_2024-03-15_17-53-11.png\" alt=\"Pepe Coin Price Prediction: $PEPE May Plunge X% Amid Market Sell-off\" width=\"1154\" height=\"622\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/03\/PEPEUSD_2024-03-15_17-53-11.png 1154w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/03\/PEPEUSD_2024-03-15_17-53-11-300x162.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/03\/PEPEUSD_2024-03-15_17-53-11-768x414.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/03\/PEPEUSD_2024-03-15_17-53-11-150x81.png 150w\" sizes=\"auto, (max-width: 1154px) 100vw, 1154px\"\/><\/noscript><\/a><figcaption id=\"caption-attachment-186118\" class=\"wp-caption-text\">Pepe Coin Price Prediction<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">The Relative Strength Index (RSI) stands at 69.02, nearing the overbought territory but still indicating room for growth before a potential consolidation. The Moving Average Convergence Divergence (MACD) shows a rising green histogram, highlighting continued buying interest despite the recent price pullback.<\/span><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.80 --><\/p>\n<p class=\"m-0\">Related Articles<\/p>\n<div class=\"m-on mobiless\">\n<div id=\"social-section-new\">\n<p>\u2713 Share:<\/p>\n<p>                                  <a rel=\"nofollow noopener\" target=\"_blank\" class=\"social-text_new wp_new\" href=\"https:\/\/api.whatsapp.com\/send?text=https:\/\/coingape.com\/markets\/pepe-coin-price-prediction-pepe-may-plunge-x-amid-market-sell-off-consider-this\/\" style=\"display: block\">  <i class=\"fa fa-whatsapp\"\/><\/a><\/p>\n<div>\n                                <a rel=\"nofollow noopener\" target=\"_blank\" class=\"social-text_new tw_new_logo\" href=\"https:\/\/twitter.com\/intent\/tweet?text=https:\/\/coingape.com\/markets\/pepe-coin-price-prediction-pepe-may-plunge-x-amid-market-sell-off-consider-this\/\"><br \/>\n  <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=\"30\" height=\"30\"\/><br \/>\n<\/a>\n                                <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>          <!-- \n\n<div class=\"m-on pl-2 pr-2\">\n            \n\n<div class=\"row\">\n            \n\n<div class=\"col-6 pr-2\">\n         \n\n<div class=\"Borderboxies_2 mb-3  fullmobx\">\n             \n            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/top-7-crypto-marketing-firms-of-the-year\/?utm_source=abovesidebartabnews&utm_medium=organicarticle\">\n            \n\n<div class=\"SponserdyWebimg_2\"><img loading=\"lazy\" width=\"834\" height=\"833\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/15175104\/top_crypto_marketing_agencies.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" ><\/div>\n\n\n                \n\n<div class=\"Sponserdtent_2 mt-2\">Top Crypto Marketing Firms \/ Agencies 2023; Here\u2019s Best Picks [Updated]\n <\/div>\n\n\n            <\/a>\n          \n            <\/div>\n\n\n            <\/div>\n\n\n                  \n\n<div class=\"col-6 pl-2\">\n                 \n\n<div class=\"Borderboxies_2 mb-3  fullmobx\">\n             \n            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/top-10-web-3-games-to-explore-in-2023-here-list\/\">\n            \n\n<div class=\"SponserdyWebimg_2\"><img loading=\"lazy\" width=\"834\" height=\"833\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/23134356\/jpg_20221223_134223_0000.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" ><\/div>\n\n\n                \n\n<div class=\"Sponserdtent_2 mt-2\">Top 10 Web3 Games To Explore In 2023; Here List\n <\/div>\n\n\n            <\/a>\n          \n            <\/div>\n\n\n            <\/div>\n\n\n                <\/div>\n\n\n        <\/div>\n\n                    --><\/p>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA186117\">\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>CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. 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This surge came after PEPE overcame resistance levels, reaching new heights.\u00a0 However, the last day has witnessed a minor setback, with Pepe coin\u2019s value experiencing a slight decline from its peak. Currently, Pepe [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":265038,"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-265648","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\/265648","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=265648"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/265648\/revisions"}],"predecessor-version":[{"id":265649,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/265648\/revisions\/265649"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/265038"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=265648"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=265648"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=265648"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}