How High Will Pepe Coin Price Get If Ethereum Surges to $5,000? đ
đ Pepe Coin ($PEPE ) remains in a falling wedge pattern, signaling a potential bullish breakout. As an Ethereum-based meme coin, PEPE could rally significantly if Ethereum (ETH) hits $5,000, driven by rising whale activity and ETF inflows.
đč Pepe Coin Forecast: PEPE has surged over 2,340% this year but is now down 17% from its peak. Analysts, including Max, believe a move above ETHâs $4,000 resistance could act as a catalyst for PEPE to soar higher, imitating past explosive price rallies.
đł Whale Accumulation: On-chain data shows whales are accumulating PEPE and moving coins off exchanges, signaling confidence. For example, 1 billion PEPE (worth $2.3M) was recently moved from MEXC, reflecting growing investor optimism.
đ Technical Analysis: PEPEâs chart shows a falling wedge and a recent inverse head and shoulders patternâboth bullish signals. A breakout could push PEPE to $0.00003450, a 47% surge from its current price of $0.00002595.
đ„ Key Levels:
Resistance: $0.000024 (major selling cluster).
Support: $0.000020 â A drop here could invalidate the bullish outlook, sending PEPE to $0.00001712.
đ With Ethereumâs strength and whale accumulation driving momentum, PEPE is primed for a breakout if ETH hits $5,000. Keep an eye on resistance levels for the next big move! đžđ
