PEPE Coin recently broke above a long-term trendline, changing market sentiment and paving the way for potential price growth. However, investors should be aware of existing risks.
PEPE Coin Trendline Break
PEPE Coin has confirmed a breakout from a prolonged downtrend, reclaiming key support at $0.0000080. If PEPE clears $0.00001500 with volume, upside targets could include $0.00001900, $0.00002103, and possibly $0.00002650. On the other hand, failing to hold above $0.00001117 may lead to a drop towards $0.00000758.
Market Structure and Signs of Re-Accumulation
Technical data shows that PEPE's price has reversed from lows in March-April 2025, forming consistent higher lows and highs. The breakout above $0.00001117 would confirm a bullish reversal. However, signs of profit-taking could indicate slowing momentum, especially if prices continue to consolidate around $0.00001500.
Technical Indicators and Predictions
PEPE Coin is currently trading above the 20, 30, 50, 100, and 200-day simple moving averages, supporting a bullish outlook. Indicators such as the RSI and Rate of Change show positive signals. Price predictions include potential rises to $0.00001900 and $0.00002103 if sustained volume is maintained. Conversely, a drop below $0.00001117 may invalidate the bullish thesis.
Uncertainty in the PEPE Coin market remains, but the recent trendline breakout has provided new growth opportunities. Investors should keep a close watch on support levels and trading volumes.
