Price prediction analysis of the PEPE Coin: Resistance Under Buying Pressure with 45% Price Surge Potential
PEPE Coin price prediction analysis is at the final stages of consolidation with the PEPE Coin price stabilizing and currently traversing the upper band of the PEPE Coin Demand Zone. PEPE Coin price prediction has reflected a narrow range of prices reflecting no significant downside movement and a clear gradient of selling pressure as PEPE Coin price prediction nears a bottom support price level.
This price behavior indicates a dominant position from buyers with the PEPE Coin Demand Zone and a clear PEPE Coin Demand Zone Resistance Level. More critically, unlike the PEPE Coin Demand Zone range bind, the price of PEPE Coin in “The Cup and Handle” formation is limited to structural price movement, and thus will be price focused and not sentiment focused.
PEPE Coin price prediction at the time of this price prediction analysis indicates PEPE at a price of nearly 0.00000499 to 0.00000404. PEPE Coin price prediction analysis indicates PEPE at a price of $0.00000494 to $0.00000404 to indicate this support level as the PEPE support level.
Furthermore, PEPE Coin price prediction analyzed the price levels and structural PEPE Coin Demand Zone selling pressure to indicate a range of prices along the demand foundation of the support levels. Through this, price levels reflect the support and range levels as they relate to PEPE’s structural selling pressure.
The PEPE demand foundation is critical as it gave the support and range level to the adjacent PEPE demand levels and as a center to the PEPE Cup and Handle price formation. Therefore, the right side of the PEPE Cup and Handle price formation is indicative of the demand levels along the PEPE price levels without immediately corresponding PEPE price levels.
A shallow handle formed as PEPE continues with its support holding and volatility is low. The RSI got stabilized in the mid-40s, and as the price started moving, the RSI also started to moving to reverse higher further confirming the momentum in positive.
The mid-40s RSI and the price moving therefore confirming no over-extending. The length of time spent in this consolidation is about market fatigue, as the price during this time was movement also sideways.
If PEPE goes beyond the price of $0.00000547, the structure supports further movement / trend continuation to $0.00000600, which again is a previous supply zone and has capped previous upside attempts before.
Acceptance went over to this price of $0.00000600 which will help to push targets to $0.00000717. This is a range to the upside of over 45%. The range to the downside is towards set supports of $0.00000494 which will breach the structure of the accumulation which for now does support bullish outlook.
The structure of the handle and in support of the overall pattern does remain. Spot market was used to describe this and support the prediction of the handle. The spot market is the market for the immediate delivery of financial instruments and also where trading transactions occur.
The CVD of the Spot Taker is described as to be also buy-dominant which means over this 90-day range and therefore may here mean that buyers have been moving for lesser offers and are actively buying because they have been waiting for the market to be sacrificed down.
This is also buy dominances which corresponds to the price reverse of $0.00000494. The overall pattern has been support beef in during this structure handle and during this overall pattern. For the duration of this pattern, the overall handle structure has selling from making lower lows in this pattern.
As long as PEPE keeps consolidating on the bid at $0.00000547 , persistent taker buying shows PEPE is building for the $0.0000055 – $0.0000056 range. PEPE needs northern liquidity for consolidation to be deemed bullish, and if selling continues PEPE will likely range to the $0.0000053 – $0.00000525 support again. The order flow shows sellers are too far in and order flow is still accumulating.
Conclusion
In conclusion, PEPE Coin price predictions still pulse at the heart of the current trend. The steady build of rounded accumulations with their consistent loss of liquidity pushes PEPE on the order flow to likely pulse back 45%.
PEPE King remains vulnerable to the bullish bias as long as support holds at $0.00000494. A breakdown of even one candle below that level of support and the path will be significantly altered.
