PEPE’s Triangle Pattern and ARB’s Channel Breakout: What’s Next?

  • PEPE might rally to $0.00000460 if it breaks the key resistance at $0.00000115.

  • ARB could target $1.45 with a breakout above $0.65 from its descending channel pattern.

  • PEPE’s current symmetrical triangle suggests potential for major price movement soon.

Pepe (PEPE) and Arbitrum (ARB) are gaining attention for their potential for big gains this quarter. Both tokens are showing distinct technical patterns that could signal major price movements. 

Right now, PEPE is hinting at a breakout.  The token is trading at $0.000009, with a 24-hour trading volume of $689,153,006. Despite a recent decline of 1.82%, the chart reveals a symmetrical triangle pattern, indicating a consolidation phase. As per analysis by Captain Faibik, this pattern, characterized by converging trendlines, suggests a big price move could be coming soon.

$PEPE Looks Primed for another +300% Bullish Rally in Q4..🔥🚀#Crypto #PEPE #PEPEUSDT pic.twitter.com/g4rSRkDaC8

— Captain Faibik 🐺 (@CryptoFaibik) August 26, 2024

If PEPE breaks above the upper trendline, currently at approximately $0.00000115, it could shoot up to $0.00000460. This represents a significant upside, given the triangle’s projec…

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