How High Can $PEPE Coin Price Surge In December?

🌟 Meme Coins Shine in November
Meme coins had a strong November, fueled by a risk-on sentiment in the crypto market. Pepe Coin stood out as one of the top performers, more than doubling in value. But how high can the third-largest meme coin climb in December?

📈 Pepe Coin's Bullish Technicals
Pepe Coin’s technicals suggest a potential rally after two consecutive weeks of decline. The coin formed a cup and handle (C&H) pattern from May to November. This breakout, which occurred on November 13, points to a potential target of $0.000028 if the 65% depth measurement holds.

🔼 Additional Bullish Patterns
Pepe has also formed a falling wedge and a break-and-retest pattern. On November 26, it retested the $0.00001717 resistance level, forming a morning star candlestick. These patterns, combined with the coin staying above the 50-day moving average, signal a likely rebound toward $0.000028. A drop below $0.000016 could invalidate this outlook.

📊 Accumulation Phase in Play
Wyckoff Insider believes Pepe Coin is in a re-accumulation phase, hinting at the start of a final bull run. According to the Wyckoff Method, this phase often leads to a strong markup in price.

🐋 Whale Activity and Trading Volume
Pepe remains one of the most traded meme coins, with $4 billion in 24-hour volume on November 28. Whale accumulation signals growing confidence in its future potential.