PEPE Price Rebound Might Be Underway — Here’s The Target

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Last week, the market for meme coins, like PEPE, also felt the widespread dip affecting the entire crypto industry. One particularly troubling incident was the significant drop in PEPE’s price, with its value plummeting by more than ten percent.

It seems that the cost of PEPE has apparently stabilized near the $0.000017 area, even reaching $0.000018 on January 11th, Saturday. Notably, a well-known crypto analyst on social media platform X has issued a warning to buy the meme coin.

Is A Return To $0.0000191 Feasible For Pepe?

On X’s latest post, well-known crypto analyst Ali Martinez expressed optimistic predictions about the future value of Pepe. Based on his insights, the price of PEPE may potentially surge and reach its previous peak levels again.

According to the TD Sequential indicator, a popular tool in technical analysis used to pinpoint the end of trends and potential price reversals for various cryptocurrencies, this prediction is derived from a buy signal generated by the TD Sequential system on the 12-hour price chart of the third-largest meme coin. This suggests that the indicator might be signaling an imminent upward trend for this particular meme coin based on its recent price movements.

As a researcher, I often find myself delving into the intricacies of technical analysis indicators, and one that particularly stands out is the Triple-Divergence (TD) indicator. This tool essentially comprises two distinct phases: the Momentum Phase, which is often referred to as the TD Setup, and the Trend Exhaustion Phase, known as the TD Countdown.

The TD Setup phase typically follows a price reversal and involves a 9-candle count, all of the same polarity. In simpler terms, it’s a series of 9 consecutive candles moving in the same direction.

Conversely, the TD Countdown phase only becomes valid after the Setup phase has been established. This phase consists of 13 candles. However, it’s important to note that these candles don’t necessarily need to move in the same direction as the Setup phase. Instead, they serve as a signal that the trend may be exhausting itself, potentially signaling a reversal in price movement.

As per Martinez’s analysis, the TD Sequential indicator signaled a sell for Pepe’s price on January 4, 2025, after the culmination of its Setup phase. This was preceded by a drop of approximately 24% in value, causing the meme token to lower to around 0.0000167 by January 9.

Likewise, Martinez disclosed that the TD Sequential has shown another signal, but this time it’s a bullish one. As per the crypto analyst, if this signal persists, PEPE might experience a price increase that could range from $0.0000185 to $0.0000191. This potential rise is approximately 10% from its current price level.

PEPE Price At A Glance

Currently, Pepe’s price hovers at approximately 0.000019 USD, marking a nearly 2% rise within the last day. Looking at statistics from CoinGecko, it’s worth noting that the third-largest meme coin has dipped about 15% over the past week.

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2025-01-12 14:10