About PEPE(MEMECOIN)
Pepe is one of the most popular meme coins in the cryptocurrency market, created in mid-2023, inspired by a famous internet character, “Pepe the Frog.” The goal of launching this meme coin is to compete with cryptocurrencies such as Dogecoin and Shiba Inu (SHIB), which are among the most popular meme coins in the cryptocurrency market.
Pepe Coin (PEPE) Forecast by NEoWave
The PEPE currency first rose to 0.00000437 and then its price correction began.
The price correction of this currency was in the form of a Reverse Contracting Triangle. Then, a good demand for PEPE was formed and the price of this currency grew by 873% and again we saw the price correction of this currency in the form of Contracting Triangle.
Considering that waves (B) and (D) are similar in terms of time-price and structure and the structure of wave C is not an impulse, it seems that the higher degree pattern is Diametric and wave E of this Diametric has started.
We expect wave (E) to grow at least to 0.00009350 and the correction phase will start again, which can take between 9-21 months. After the formation of wave (F), we will have another upward step.
Good luck
NEoWaveChart
