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coinpedia 2025-03-18 09:44:15

Can Pepe Coin Surge 60%? Top Analysts Predict Massive Breakout!

Can Pepe Coin Surge 60%? Top Analysts Predict Massive Breakout!

The post Can Pepe Coin Surge 60%? Top Analysts Predict Massive Breakout! appeared first on Coinpedia Fintech News PEPE, the frog-themed memecoin was one of the top-performing coins in 2024, but 2025 brought a sharp drop. After hitting a lower high in January, it crashed through major support levels, losing 75% of its value. Despite this drop, top crypto analysts now see a key bullish pattern, hinting that a 60% surge could be just around the corner! Analysts Predict Pepe Coin Breakout In a recent tweet post prominent crypto analyst Ali Martinez pointed out that Pepe Coin has been forming an inverse head and shoulders pattern on the hourly chart. This pattern suggests that PEPE could be gearing up for a major price jump. $PEPE could be about to enter a bull rally! pic.twitter.com/7fJj9ZjxAf — Ali (@ali_charts) March 18, 2025 According to Martinez, the key resistance level to watch is $0.0000075. If PEPE breaks above this level, it could confirm the pattern and trigger a 40% price surge toward $0.0000100. Similarly, CryptoELITES noted that Pepe Coin had already confirmed its bottom at $0.0000069834. Since then, the price has risen significantly, reinforcing bullish sentiment. The analyst believes this upward movement is just the beginning and suggests a 40x rally could be in store. Bullish Signals Hints 50-60% Surge World of Charts also echoed similar optimism, highlighting that Pepe Coin is trading in a crucial zone. The analyst pointed out that the meme coin is once again forming an inverse head and shoulders pattern, strengthening the case for a breakout. $Pepe #Pepe Breaking Crucial Area, Expecting 50-60% Bullish Rally After Successful Breakout. pic.twitter.com/KcwEvHRRuX — World Of Charts (@WorldOfCharts1) March 17, 2025 According to this prediction, a 50-60% surge is possible if the breakout occurs as expected. Adding to the bullish outlook, Coinglass data reveals that the coin’s futures open interest has increased by over 8% to $237.90 million, while derivatives trading volume surged nearly 16% to $627.05 million. These figures indicate that more traders are betting on Pepe Coin’s continued rise. PEPE Technical Analysis: A Breakout Ahead? Looking at the technical analysis Pepe Coin’s price chart shows signs of a possible breakout. It has formed a double-bottom pattern at $0.0000069 , a signal for a trend reversal. The key resistance level is $0.0000082—breaking above it could confirm a bullish move and will hit $0.0000090. Indicators like RSI and MACD show a bullish divergence, meaning momentum is shifting. PEPE has also formed a falling wedge, a pattern that often leads to a breakout. However, falling below $0.0000053 could cancel the bullish outlook.

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