• 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

Major Providers and Features of Stablecoin Cards

chest

Stablecoin cards are gaining traction globally, supported by major providers such as Visa and Mastercard, offering users faster and more accessible payment options.

user avatarFilippo Romano

SPX6900 Shows Signs of Recovery with Double Bottom Pattern

chest

SPX6900 is showing signs of recovery with a classic double bottom pattern indicating potential accumulation.

user avatarEmily Carter

Kidd Outlines Ripple's Vision for Blockchain Banking

chest

Greg Kidd outlines Ripple's vision for modernizing traditional banking through blockchain technology at the XRP Las Vegas conference.

user avatarTomas Novak

Greg Kidd Discusses Key Factors for XRP's Sustained Relevance

chest

Greg Kidd emphasizes the importance of liquidity and supply dynamics for XRP's functionality within the Ripple ecosystem.

user avatarKaterina Papadopoulou

Investment Firms Set to Negotiate Venezuela's $60 Billion Defaulted Bonds

chest

A group of major investment firms, known as the Venezuela Creditor Committee, is ready to negotiate the country's defaulted government bonds worth $60 billion, potentially leading to a significant sovereign debt restructuring.

user avatarMaya Lundqvist

SEI Crypto Set for Major Upgrades and Institutional Partnerships

chest

SEI crypto is preparing for significant upgrades and partnerships to enhance throughput, reduce latency, and drive adoption.

user avatarLeo van der Veen

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.