PEPE Price Prediction: Meme Coin’s Wild Ride Could See a 20–25% Plunge to $0.00000034 This Week

Frogs are flying, but not in the right direction. Analysts are flashing warning signs for one of crypto's most volatile mascots.

The Gravity of the Situation

Technical charts are painting a grim picture. After a parabolic run that left traditional valuation models in the dust—because who needs fundamentals with a good meme?—PEPE is now testing critical support levels. A break below could trigger the kind of sell-off that turns digital greenbacks into digital dust.

Where the Floor Might Be

All eyes are on the $0.00000034 zone. That's the projected target, representing a potential 20–25% haircut from recent levels. It's the line in the sand, or rather, the lily pad in the swamp, that could determine if this is a healthy pullback or the start of a deeper croak.

The Meme Coin Paradox

This potential slide highlights the razor's edge that meme coins walk. They rally on social sentiment and pure momentum, assets as tangible as a viral tweet. But when the music stops, the drop is just as faith-based and often twice as violent. It's the high-stakes casino within the already high-stakes casino of crypto—a bet on collective belief with an expiry date.

Will PEPE find its footing or sink deeper? This week's price action won't just test a chart level; it'll test the resilience of the narrative that fuels it. Remember, in this market, sometimes the only thing harder than picking the bottom is knowing when to stop laughing.

Chart Shows PEPE Cooling After Recent Upside Move

According to the data curated from TradingView, the meme coin is trading just above its short-term moving average, and on the MA(50), it has been trending for a couple of days. The MACD(6) is showing signs of decreased momentum.

Additionally, the price of the coin has been stagnant with little upward pressure, as there have not been enough buyers for the coin to push the price over the recent high of $0.00000460. Therefore, unless more people start buying into the Pepe cryptocurrency, the price will most likely remain flat for the foreseeable future and be limited.

Analyst Sets PEPE Target at $0.0000014

According to the recent update on X by Ali charts, it clearly shows that a complete head-and-shoulders formation has occurred for the coin. The analyst also indicated that the main targeted price point for the meme coin will be $0.0000014, as it represents the next strong support price level for the coin amongst the latest price falls suffered by the token.

After suffering many price falls recently, if the token experiences some further selling volume, then we WOULD expect lower price highs to be formed towards this targeted price level ($0.0000014).

The main target for $PEPE is $0.0000014! pic.twitter.com/6wbS9lz28Q

PEPE Faces Pullback as Momentum Weakens

Based on the model predictions from Coincodex for December 8th to 12th, prices are predicted to continue to decline approximately 10% to 23% below PEPE’s most recent price level. These targeted price levels would indicate bearish sentiment building if PEPE does not maintain its current level of support.

In conclusion, it is likely that PEPE’s price will continue to decline; there is a small chance of some rebound occurring in the NEAR future; this will only occur if a substantial number of buyers can be found to send sufficient buying volume into the token to break through the previous resistance level.