• Pepe (PEPE) is an ERC-20 token on the Ethereum blockchain, secured by the Proof-of-Stake (PoS) consensus mechanism.
• The current market status of PEPE is a 24 hour price change of 15.89% up and a circulating supply of 391,790,000,000,000.
• According to technical analysis indicators, Pepe (PEPE) might reach resistance levels of $0.0000017670 and $0.0000021899 with support levels of $0.0000015911 and $0.0000014293 by 2023.
What is Pepe (PEPE)?
Pepe (PEPE) is a deflationary memecoin launched on Ethereum that builds upon the legacy of Pepe the Frog, a character with a longstanding and controversial history. PEPE’s burning mechanism further highlights its distinct nature in order to maintain scarcity within the market. It is an ERC-20 token on the Ethereum blockchain , which is secured by the Proof-of-Stake (PoS) consensus mechanism.
Pepe (PEPE) Current Market Status
The current market status of PEPE includes a 24 – Hour Trading Volume of $341,363,802 and 24 – Hour Price Change 15.89% Up with Circulating Supply of 391,790,000,000,000 and All – Time High at $0.000004354 (May 05th 2023).
Pepe (PEPE) Price Prediction 2023
According to technical analysis indicators such as Horizontal Channel Pattern for trading view used for this article’s purpose; it was found that Pepe(PEPE) might reach resistance levels of $ 0 . 000001767 0and $ 0 . 000002189 9with support levels at$ 0 . 0000015 91 1and$ 0 . 0000014293by 2023 respectively .
Bullish & Bearish Predictions
The Bullish prediction for PEPE price in 2023 stands at$ 0 . 0000018 59 9to$ 0 . 00 000287 4 4whilethe Bearish prediction stands at$ 0 . 000000 843 6for 2023 .
Conclusion
To conclude this article we can say that according to Technical Analysis Indicators used in this article it can be predicted that Pe pe(PE PE )price may reach upto support level s o f$0 . 00 0001 5 91 1andresistance levelsof$0 .00 000 17 67 0by 20 23 respectively i n th e upcoming future time frame under discussion