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.An analyst from the Matrix Wealth Media YouTube channel broke down exactly what he sees for PEPE. He explained his strategy, price targets, and how to navigate the volatility ahead. The video was packed with guidance on when to buy, when to sell, and what to expect in terms of profit potential.PEPE Price Setup and Entry AdviceThe analyst starts by saying that PEPE is at a low point right now, calling it a major opportunity for those looking to get in before the next move up. He emphasizes that this bottom zone is where smart money usually enters. According to him, many people who followed his earlier calls were able to book 60% profits by buying low and selling smart.He advises viewers not to invest all their money at once. Instead, he suggests putting in 10% to 20% of your planned amount at a time. This way, you reduce the risk of being stuck if the price dips. His strategy for taking profits is similar. He recommends exiting in parts, taking out 10% to 20% gains at different levels and using that profit to reenter on the dips.This dollar-cost averaging and staged exit approach is what he believes gives you the best chance to ride a meme coin like PEPE without being caught in sudden corrections.PEPE Price Levels and TargetsIn his chart analysis, the Matrix Wealth Media host points out some important support and resistance levels for PEPE price. He shows that the market recently closed near a resistance zone, meaning a short-term pullback is likely. He outlines three key areas to watch if the price drops:$0.00000781$0.00000830And in a worst-case scenario, $0.00000689, which he says would only happen if Bitcoin crashes hard.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.As for price targets, he gives three major zones to aim for during this cycle:First target: between $0.00001027 and $0.00001085Second target: around $0.00001249Third and most important target: $0.00001621He 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.Read Also: Why XRP Price Could Be Headed to $17 – And Maybe Even HigherBitcoin’s Role in Meme Coin MovesToward the end of the video, the analyst zooms out to talk about 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. He calls it “the gamechanger.”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 warns about buying during weekends, as low volume and whale manipulation can trap retail investors. His final 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.Follow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.Read our recent crypto market updates, news, and technical analysis here. We recommend eToro Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more Visit eToro Now Active user community and social features like news feeds, chats for specific coins available for trading. Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs. Copy trading: allows users to copy the trades of leading traders, for free. User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate. The post How High Can Pepe Price Go This Cycle? appeared first on CaptainAltcoin.