Pepe (PEPE) Price Prediction for May 20

The PEPE price today is hovering around $0.00001285, slipping nearly 7.5% over the last 24 hours after facing a sharp intraday rejection near the $0.00001390 level. This move follows a volatile rally earlier this week that had pushed the meme coin above $0.000014 before sellers stepped in aggressively. Despite the strong upside momentum seen from May 7 to May 13, PEPE price action now signals rising hesitation from bulls as multiple resistance zones converge near the highs. What’s Happening with PEPE’s Price? PEPE price dynamics (Source: TradingView) On the 4-hour chart, PEPE price is trading within a newly forming symmetrical triangle after breaking out of an earlier bullish channel. The recent rejection near $0.00001424 aligns with a horizontal supply band and descending trendline from the May 13 peak. While short-term momentum has cooled, the broader structure remains intact as long as the $0.00001270 support zone holds. PEPE price dynamics (Source: TradingView) Looking at the daily chart, PEPE is consolidating just below the weekly 50% Fibonacci retracement level around $0.00001448, which acts as a medium-term pivot for directional bias. A decisive c… The post Pepe (PEPE) Price Prediction for May 20 appeared first on Coin Edition .

Source: Coin Edition