• About
  • Contact
  • Privacy Policy
  • Terms and Conditions
Friday, June 27, 2025
The VR Soldier
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases
No Result
View All Result
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases
No Result
View All Result
The VR Soldier
No Result
View All Result

Pepe Price Analysis & Prediction (May 24th) – Pepe Looks For More Lows as No Sign of Bullish Yet, What Happened?

Michael Fasogbon by Michael Fasogbon
May 24, 2023
in News
Reading Time: 2 mins read
0
Share on TwitterShare on Facebook

Most meme coins have dropped to their monthly lows due to a huge sell-off that hit the crypto industry in the past week. Pepe also took its fair share with a 15% loss in a week.

The hype and sentiment surrounding Pepe appeared to have dropped after returning a massive profit some weeks back. Its bullish rally quickly fades away following a series of declines in the past few days. 

It managed to stay above the $0.0000015 level for some days now following a quick recovery from a vital $0.000001 psychological level two weeks ago. Although the bearish heat has not completely cooled off yet. 

Yesterday’s sudden increase in Bitcoin’s price drove its price up to $0.0000018. But the surges quickly fade due to a slow fallback in the leading coin’s price. The price has dropped to around $0.0000016 at the time of writing with more possibility for drops. 

Pepe is still looking for a formidable level to initiate a big price movement for bullish. And if it fails to find that level above the vital psychological level, it may break lower until it finds a base support for a reversal. 

As of now, it has not shown any strong signs of recovery to consider an upward movement. The sellers are still present, aiming to claim more lower levels. However, an increase above this week’s high should start to signal a potential leg-up for a short-term rally.

Pepe’s Key Levels To Watch

pepe coin price analysis prediction
Source: Tradingview

In case of an increase, the primary resistance level to consider for buying is $0.00000206. If the price advances higher, the next resistance to keep an eye on is $0.0000023 and then $0.00000266. 

While Pepe is still in the fall, the closest support levels to keep in mind are $0.00000148 and $0.00000133. Below those levels lie $0.000001 and $0.0000008.

 

Key Resistance Levels: $0.00000206, $0.0000023, $0.00000266

Key Support Levels: $0.000001482, $0.00000133, $0.000001

  • Spot Price: $0.0000016
  • Trend: Bearish
  • Volatility: Moderate

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any projects.

Previous Post

Polygon Price Analysis & Prediction (May 24th) – Matic Remains Indecisive After a Deep Crackdown, Loses 1% Daily

Next Post

Bitcoin (BTC) price prediction 2025, Tradecurve (TCRV) to rival OKX

Related Posts

Trump to Save Crypto: New Order May End Banking Discrimination
News

Trump to Save Crypto: New Order May End Banking Discrimination

June 25, 2025
Why Ethereum 6-Second Block Time Might Change Everything
News

Why Ethereum 6-Second Block Time Might Change Everything

June 24, 2025
Jupiter Token Crash: Why JUP Lost 80% and What Happens Next
News

Jupiter Token Crash: Why JUP Lost 80% and What Happens Next

June 24, 2025
BTC Defends $100,000 Support Amid Iran Conflict, Is a Major Rally Coming?
Market Analysis

BTC Defends $100,000 Support Amid Iran Conflict, Is a Major Rally Coming?

June 22, 2025
Bitcoin $103K Support Is Shaking, Will the Bears Get Burned
Market Analysis

Bitcoin $103K Support Is Shaking, Will the Bears Get Burned?

June 21, 2025
Featured

Dogecoin Price Faces Breakdown

June 20, 2025

Press Releases

Jupiter Token Crash: Why JUP Lost 80% and What Happens Next
News

Jupiter Token Crash: Why JUP Lost 80% and What Happens Next

by Alex Mercer
June 24, 2025

Introduction If you blinked, you might’ve missed Jupiter’s brief moment in the spotlight. The DAO behind the once-buzzy token has...

Read more
Bitcoin Price Survives Israel-Iran Tensions, Hack, and $200B Meltdown

Bitcoin Price Survives Israel-Iran Tensions, Hack, and $200B Meltdown

June 19, 2025
What you will get:  Simple steps to start trading cryptocurrencies like Bitcoin and Ethereum How to choose a reliable crypto exchange with low fees and strong security Key tips to read crypto price charts and manage trading risks How to stay updated with market-moving news and practice safely before investing Introduction Cryptocurrency trading has exploded in popularity as an easy way to earn online. With simple guidance you can start trading Bitcoin Ethereum and other altcoins using your phone or computer. This guide gives clear steps for beginners. What Is Crypto Trading and How Does It Work Crypto trading is buying and selling digital currencies like Bitcoin Ethereum Cardano or Solana to make a profit. You buy when prices are low and sell when they go higher. There are two main trading types: Spot trading: You own actual coins. Derivatives trading: You trade based on price movements without owning coins. Spot trading is perfect for beginners because it’s more straightforward and less risky. Step 1 Choose a Reliable Crypto Exchange Select a trusted crypto exchange. Popular beginner-friendly options: Binance: Low fees and many altcoins Coinbase: Easy for beginners with strong security Kraken: Great support and euro compatibility Bybit: Simple interface with spot and futures Look for: Easy sign up and verification Strong security (2FA, cold storage) Low trading fees and fast euro or fiat deposits Wide selection of coins and high volume Step 2 Learn Crypto Chart Reading Reading price charts will improve your crypto trading success. Key concepts: Trend lines: Overall up or down movements Support levels: Prices where value tends to bounce up Resistance levels: Prices where value tends to slow or reverse Start with basic charts like candlestick charts. Many platforms like Binance and Kraken offer built-in guides. Step 3 Manage Risk and Use Stop Losses Crypto prices are very volatile and can change fast. Protect your investment by: Investing only what you can afford to lose Using stop-loss orders to sell automatically at a set lower price Not risking more than 1–2% of your portfolio on any trade This risk management helps you stay in the game long term. Step 4 Stay Updated with Real-Time Crypto News Crypto markets respond instantly to news. Use reliable sources like Vr Soldier, CoinDesk, CoinTelegraph and The Block. Track: Bitcoin ETF decisions New coin listings on exchanges Regulatory changes Major partnerships and developments Following crypto news helps you predict good entry and exit points. Step 5 Use Demo Accounts to Practice Many exchanges like Binance and Bybit offer demo accounts or testnets. Practice trading with virtual money first. This helps you learn: How orders work Chart reading in real time Trading fees and order types Once you feel confident, move to small real trades. Final Simple Tips for New Crypto Traders Start with well-known coins like Bitcoin Ethereum Avoid chasing hype or FOMO (Fear Of Missing Out) Keep a basic trading journal or spreadsheet Learn from both wins and losses Crypto Trading Basics for Long Term Profit

Crypto Trading Basics for Long Term Profit

June 16, 2025
$3 Billion in Bitcoin Options Expire Today — Will BTC Crash or Bounce?

$3 Billion in Bitcoin Options Expire Today — Will BTC Crash or Bounce?

June 14, 2025
Trump vs Elon Musk: Bitcoin Dips as Tesla Crashes

Trump vs Elon Musk: Bitcoin Dips as Tesla Crashes

June 6, 2025
The VR Soldier

© 2024 The VR Soldier

Navigate Site

  • About
  • Contact
  • Privacy Policy
  • Terms and Conditions

Follow Us

No Result
View All Result
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases

© 2024 The VR Soldier