Pepe (PEPE) Price Prediction: How High Can Pepe Price Go This Cycle?

After a period of consolidation, many could wonder if Pepe meme coin still has more room to run. With the market heating up, some believe PEPE could be gearing up for a major move in the current cycle.

Many could be wondering if meme coin Pepe still has more room to run. As the market hots up, some believe PEPE could be gearing up for a major move in the current cycle.

One analyst at the Matrix Wealth Media YouTube channel broke down exactly what he sees for PEPE. He covered his strategy, price targets, and how to handle the volatility ahead. The video was full of guidance on when to buy, when to sell, and what to expect in terms of profit potential.

PEPE Price Setup And Entry Advice

The analyst began by saying that PEPE is at a low point right now, making it a huge opportunity for those looking to enter. He adds that this bottom zone is where smart money usually comes in.

According to him, many people who followed his earlier calls were able to book 60% profits by buying low and selling smart. However, he says to invest only 10% to 20% of your planned amount at a time. Don’t invest your whole sum.

This is how he advises to enter and take profits:

As part of his dollar-cost averaging and staged exit approach, the analyst explains that this gives you the best chance to ride a meme coin like PEPE without being caught in sudden corrections.

PEPE Price Levels And Targets

In his chart analysis, the Matrix Wealth Media host highlighted some key support and resistance levels for PEPE price. He shows that the market recently closed at a resistance zone, meaning a short-term pullback is likely. The analyst outlined three key areas to watch if the price drops:

These zones, according to him, have historically acted as support, as PEPE has often bounced from those levels. He describes how PEPE tends to pump, drop and then stay at consistent zones before another leg up, a sign that buyers are stepping in at those levels.

In terms of price targets, he shared three major zones to aim for during this cycle:

He reminds viewers that these are areas to consider exiting in stages and that none of this is financial advice. Everyone should do their own research before making any trade.

Why Bitcoin Is Crucial For Meme Coins

Towards the end of the video, the analyst zooms out to discuss Bitcoin. He says that Bitcoin’s bullish trend is what fuels altcoin rallies, including meme coins like PEPE. According to him, anyone who wants to succeed in crypto should closely follow Bitcoin first. It’s “the gamechanger,” he adds.

He shows that Bitcoin is currently battling within a key resistance zone marked by red lines. Buyers and sellers are stuck in what he describes as a rectangle, and if Bitcoin breaks out with strong volume, a new all-time high could come in less than a month.

However, he cautions against buying during weekends, as low volume and whale manipulation can trap retail investors. His final piece of advice is simple: don’t buy Bitcoin or any altcoin when the price is already high. Wait for dips and retests. Otherwise, you risk entering at the top.