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The breakout of the relative strength index for PEPE stock from a long-term downtrend, along with strong fundamental support, indicates the potential for a price increase of 10 times.
The extended historical cycles of 196 and 245 days exhibit a recurring bullish behavior, reinforcing pattern-based expectations for further gains.
Despite the recent decline, the PEPE stock remains above the major moving averages. Historical highs suggest the possibility of a repeat.
Another important point to consider is that HaileyPEPE provides a complementary technical note. It indicates that its historical rise from $0.0000006 to $0.000011 has achieved a gain of 1700%. Its analysis of the daily chart confirms this rise, supported by strong trading volume and rapid vertical movement. According to Bitcoinsensus, the PEPE coin has followed a recurring price rhythm between two bullish cycles, one lasting 196 days and the other 245 days. It has provided analyses indicating that the relative strength index has broken its downward trend line, suggesting renewed strength. The relative strength index is now heading towards the overbought territory, an area often associated with price increases.
His forecast targets a level of $0.000090.