Currencies36507
Market Cap$ 3.27T-1.10%
24h Spot Volume$ 1.81T+6,015%
DominanceBTC56.85%-1.01%ETH11.87%-2.38%
ETH Gas0.06 Gwei
/

PEPE Breaks Out of Consolidation, Eyes $0.00002 Target


by Maxwell Mutuma
for CoinEdition

Share:

Analysts See a "Textbook" Setup for a Major Pepe Price Rally
  • PEPE approaches breakout as ETH rally fuels high-beta catch-up trade potential
  • Cup and Handle breakout boosts PEPE targets up to $0.000025 in short term
  • MACD and rising volume confirm momentum despite RSI signaling near-overbought levels

Pepe (PEPE) is once again in the spotlight as it approaches a critical breakout level, riding the coattails of Ethereum’s recent rally. While ETH has surged to new highs, PEPE has lagged, positioning itself as a potential high-beta catch-up play. 

Now, multiple technical patterns suggest the asset may be on the edge of a major move. With Pepe currently trading at $0.0000136, analysts are turning increasingly bullish on its short-term and long-term price potential.

PEPE Key Breakout Levels to Watch

PEPE recently closed just above a key resistance zone near $0.00001385, indicating that buyers are regaining control. Lark Davis, a prominent analyst, highlights the significance of this level.

According to his analysis, the orange trendline marks a crucial breakout level, and a sustained move above it could unlock targets at $0.0000165, $0.00002, and even $0.000025.

Supporting this view, the daily chart shows a bullis…

The post PEPE Breaks Out of Consolidation, Eyes $0.00002 Target appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Share:

In This News

Share:

Read More

An Unbelievable Event Occurred in Bitcoin! “BTC Price Briefly Dropped to Zero, Exchanges Reacted Immediately!”

An Unbelievable Event Occurred in Bitcoin! “BTC Price Briefly Dropped to Zero, Exchanges Reacted Immediately!”

A data error on Paradex caused the price of Bitcoin (BTC) to momentarily drop to zero...
XRP price prediction: Will $40mln in liquidations spark a rebound?

XRP price prediction: Will $40mln in liquidations spark a rebound?

The weekly, daily, and 4-hour timeframes agreed on the importance of $1.81-$2.0 as a ...

PEPE Breaks Out of Consolidation, Eyes $0.00002 Target


by Maxwell Mutuma
for CoinEdition

Share:

Analysts See a "Textbook" Setup for a Major Pepe Price Rally
  • PEPE approaches breakout as ETH rally fuels high-beta catch-up trade potential
  • Cup and Handle breakout boosts PEPE targets up to $0.000025 in short term
  • MACD and rising volume confirm momentum despite RSI signaling near-overbought levels

Pepe (PEPE) is once again in the spotlight as it approaches a critical breakout level, riding the coattails of Ethereum’s recent rally. While ETH has surged to new highs, PEPE has lagged, positioning itself as a potential high-beta catch-up play. 

Now, multiple technical patterns suggest the asset may be on the edge of a major move. With Pepe currently trading at $0.0000136, analysts are turning increasingly bullish on its short-term and long-term price potential.

PEPE Key Breakout Levels to Watch

PEPE recently closed just above a key resistance zone near $0.00001385, indicating that buyers are regaining control. Lark Davis, a prominent analyst, highlights the significance of this level.

According to his analysis, the orange trendline marks a crucial breakout level, and a sustained move above it could unlock targets at $0.0000165, $0.00002, and even $0.000025.

Supporting this view, the daily chart shows a bullis…

The post PEPE Breaks Out of Consolidation, Eyes $0.00002 Target appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Share:

In This News

Share:

Read More

An Unbelievable Event Occurred in Bitcoin! “BTC Price Briefly Dropped to Zero, Exchanges Reacted Immediately!”

An Unbelievable Event Occurred in Bitcoin! “BTC Price Briefly Dropped to Zero, Exchanges Reacted Immediately!”

A data error on Paradex caused the price of Bitcoin (BTC) to momentarily drop to zero...
XRP price prediction: Will $40mln in liquidations spark a rebound?

XRP price prediction: Will $40mln in liquidations spark a rebound?

The weekly, daily, and 4-hour timeframes agreed on the importance of $1.81-$2.0 as a ...