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Crypto analyst Morja has revealed his PEPE price prediction, alluding to the level the meme coin must hold to sustain its bullish momentum. Another crypto analyst painted a scenario in which the meme coin replicates the parabolic run it recorded in 2023. PEPE Price Could Sustain Bullish Momentum If It Holds This Level In an X post, Morja stated that a weekly candle close above the red level at $0.000005853 for the PEPE price would confirm a successful retest and reinforce the bullish movement. He further remarked that as long as the price holds above this level, upside continuation remains favored. Related Reading PEPE Price Prediction: The Level That Will Send The Meme Coin To The Stratosphere However, the analyst warned that on the way toward $0.000010867, a key resistance is located around $0.0000083, which may act as a significant reaction zone before any further upside continuation. Meanwhile, crypto analyst StudyE has painted a scenario in which the PEPE price goes parabolic, replicating its historic 2023 run. PEPE Eyes Rally To $0.00000728 In The Short Term Crypto analyst CryptoLinx has predicted that the PEPE price could rally to $0.00000728 in the short term. The analyst noted that PEPE is breaking out of the downward channel right now and that the target for this pattern is a move back to the previous high. This is a level that the meme coin had reached at the beginning of the year, when it rallied by as much as 80%. In the long term, crypto analyst Eco Nomad stated that the PEPE price will rally to $0.00001, which is the midpoint of the Gaussian channel. If the meme coin breaks that level, he is confident that it could trade within the 4 zeros, having deleted one zero in the process. At the time of writing, the PEPE price is trading at around $0.000006670, up almost 14% in the last 24 hours, according to data from CoinMarketCap.
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