Nebraskangooner, a seasoned crypto trader, recently shared an insightful update on his Pepe (PEPE) analysis via Twitter. In his earlier tweet on Wednesday, he had accurately predicted a significant 50-65% correction in the crypto’s price. Today, he took to the platform to provide a timely update.
In the latest update, the trader candidly shared that his analysis didn’t unfold precisely as anticipated. However, PEPE’s value did witness a significant decline of approximately 30% from the trader’s identified breakdown. Additionally, the trader expressed optimism about PEPE’s future, predicting that the market cap would soar to $1 billion after surpassing the $500 million milestone.
As of the latest update, PEPE is currently trading at $0.000002094, marking an impressive surge of 81.84%, as reported by CoinMarketCap. This altcoin has also demonstrated remarkable resilience against Bitcoin (BTC) and Ethereum (ETH), with an 82.06% increase against BTC and an 83.12% rise against ETH over the same timeframe. These figures are a testament to the strength and potential of PEPE in the ever-evolving world of cryptocurrency.
The market capitalization of PEPE experienced a slight dip from the time Nebraskangooner tweeted about it. The trader had disclosed that the crypto’s market cap was hovering around $930 million. However, as of the latest update, the market cap of PEPE stands at a little over $911 million.

PEPE’s price was able to break above the resistance level at $0.00000138507 yesterday morning. It then went on to do the same with the next resistance level at $0.00000180875 – flipping both levels into support in the process.
After reaching a high of $0.00000239811 in the past 8 hours, PEPE’s price has since retraced. Despite the slight pullback in the altcoin’s price, the 9 EMA line on PEPE’s 4-hour chart trading above the 20 EMA line suggests that PEPE’s price will continue to climb in the next 24-48 hours.
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