• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Pepe (PEPE) gears up for a rally amid breakout from consolidation

user avatar

by Giorgi Kostiuk

a year ago

Pepe (PEPE), known as a meme coin, has shown significant price increases following a period of consolidation alongside major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), breaking the resistance since December 2024.

Pepe (PEPE) Technical Analysis

According to CoinPedia, PEPE has broken out of a descending triangle pattern, paving the way for potential gains. If the current trend continues and PEPE closes above $0.000020, it could increase by 38% to reach $0.000027 soon.

Current Price Momentum

As of January 17, 2025, PEPE traded around $0.000020 after a significant price surge, sparking interest and confidence among traders and investors, resulting in a 30% increase in trading volume.

Bullish On-Chain Metrics

CoinGlass data indicates traders are optimistic, with significant long and short positions around the $0.000019 to $0.00002044 range, totaling $6.70 million in longs and $2.25 million in shorts.

Forecasts suggest Pepe (PEPE) may continue to rise due to technical and analytical factors, drawing increased attention from both investors and speculators.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Insider Allegedly Profits 642x from RALPH Token Purchase

chest

An insider reportedly turned a 123 SOL investment into 107 million through the purchase of RALPH tokens, raising questions about the legitimacy of the transaction.

user avatarTenzin Dorje

JustLend DAO Sees Growth in Ecosystem Activity and Product Suite Expansion

chest

JustLend DAO reports significant growth in ecosystem activity, with total value locked surpassing 708 billion and new product features enhancing user experience.

user avatarAndrew Smith

Maxi Doge MAXI Thrives on Presale Hype

chest

Maxi Doge MAXI is a presale meme token that relies on community attention and hype.

user avatarBayarjavkhlan Ganbaatar

Zero Knowledge Proof ZKP Gains Attention in Daily Presale Auctions

chest

Zero Knowledge Proof ZKP is gaining attention through daily presale auctions with a limited token supply, aiming to raise $1.7 billion.

user avatarElias Mukuru

JasmyCoin Offers Stable Market Access for Investors

chest

JasmyCoin is providing a liquid market option for investors with real-time trading data.

user avatarMohamed Farouk

Bitcoin Hyper HYPER Shows Mixed Signals in Early Trading

chest

Bitcoin Hyper HYPER is experiencing mixed signals, indicating caution for traders.

user avatarDiego Alvarez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.