Pepe Price Prediction as PEPE Goes Up 14% – Is It Time To Buy?

The
PEPE price has jumped by 14% in the past 24 hours, with the coin reaching $0.000007027 on a day when the crypto market recovers 2% from its recent downturn.,PEPE is now down by 4% in a week but up by 45% in the past fortnight, with the popular meme coin also sitting a healthy 500% gain in a year.,Yet because it remains 33% down from its all-time high of $0.00001064 (set two months ago), it still has plenty of space to rise further.,As such, the following days could see additional gains, particularly as the market returns to growth.,

PEPE’s chart and indicators are showing considerable momentum today, with the coin on course to make some gains in the near term.,Its 30-day average (orange) is not very far from climbing over its 200-day (blue), forming a ‘golden cross’ that would signal a more definitive breakout.,At the same time, PEPE’s relative strength index (purple) has been climbing towards 50 over the past couple of days, and it could continue towards 70 or higher as the coin’s price rises.,Another encouraging sign is the token’s volume, which remains high at $1 billion, with one whale transferring PEPE
off 
Binance a few hours ago.,This indicates that ‘smart’ money is betting on PEEP making further gains in the near future, with the coin likely to be one of the main beneficiaries of ongoing market-wide recoveries.,As a meme token, it tends to rise harder when the market rises as a whole, with whales having used it as a vehicle for profits for several months.,As for when the wider market is likely to make sustained recoveries, the next few days should see it continue to compensate for the dive that kicked off the week.,In the longer term, the eventual easing of interest rates could also be a boost to prices, although
we may have to wait until the final half or even quarter of the year for cuts.,Nonetheless, we can expect the PEPE price to reach $0.000010 by the middle or end of the summer.,

One risk with PEPE in the very short term is that, having rallied strong today, it could easily lose steam in the next one or two days.,However, traders looking to get in before a big rally may do well to investigate one of the many 
new meme coins doing the rounds at the moment, with several of these looking very promising.,One of the strongest is
Dogeverse (DOGEVERSE)
, a multi-chain meme coin that has raised just over $13 million in its exceedingly popular presale.,The first ever Doge-themed multichain cryptocurrency, DOGEVERSE
will operate not only on Ethereum, but also on BNB Chain, Solana, Avalanche and Base.,This will give it plenty of utility, with its existence on multiple platforms meaning that it will be open to use on multiple apps and trading protocols.,Also bullish is the fact that it has a capped supply of 120 million tokens, which in conjunction with its staking system could result in a big reduction in its circulating supply.,All other things being equal, this could boost its price over the long-term, especially if it gains significant use.,Such features arguably make DOGEVERSE a much more promising new token than most of the other meme coins launched in recent memory.,Interested investors can join its sale at
the official Dogeverse website, where 1 DOGEVERSE currently costs $0.000305.,This price will continue to rise steadily as the presale progresses, yet it could rise in a big way once the token lists on exchanges.,Pepe Price Prediction as PEPE Goes Up 14% – Is It Time To Buy?