Is Pepe breakout close? – price prediction by CoinPedia

With Bitcoin trying to sustain dominance at the $70,000 mark, the meme coins are projecting a reversal in the underlying sentiment. Amidst this, the PEPE price trend showcases high chances of prolonging the uptrend. 

In the daily chart, following the bull run, the PEPE price trend enters a pullback phase. With this, a descending triangle is visible with a solid trendline that keeps the bullish growth in check. 

However, the recent bullish reversal from the 50D EMA teases a double-bottom formation within the pullback pattern. Further, the reversal pattern arises at strong support of the $0.0000063 zone. 

Thus, the overall chances of a reversal leading to a bullish breakout of the pattern are significant. With this, the sideliners can find an opportunity to buy the dip before the anticipated breakout rally. $PEPE #PEPE_KING_OF_ALL_MEME_COINS #write2earn🌐💹