PEPE has stood out among memecoins over the past month, gaining 30.13%. Recently, it continued its positive trend, gaining another 12.62%.

The potential for further gains is huge, with predictions suggesting PEPE could trade as high as $0.00001725, which would represent a 60% increase from its current price.

Double bullish pattern may trigger PEPE rebound

PEPE has formed another bullish technical pattern and is currently trading inside a symmetrical triangle – a continuation of a breakout from a larger symmetrical triangle that formed previously.

This new pattern suggests that PEPE has entered another accumulation phase where buyers are gradually adding to their holdings in anticipation of a potential rebound.

If a breakout of the pattern is confirmed, PEPE’s next price target will be $0.00001725, the peak of the previous symmetrical triangle. Otherwise, PEPE will continue to trade in the symmetrical pattern for a longer period of time.

According to AMBCrypto analysis, technical indicators suggest that a breakout from this accumulation phase is imminent.

PEPE breakthrough appears imminent

The Accumulation/Distribution (A/D) indicator, which tracks whether traders are buying or selling, shows that PEPE is in a buying phase.

This is confirmed by the upward movement of the A/D line, which indicates that the market is accumulating and has bullish sentiment. Such activity could drive the price towards the next target.

This trend is further supported by the Relative Strength Index (RSI), which has started to rise, indicating strong buyer strength. The RSI is currently reading 59.41, suggesting that buyers are gaining control, pushing PEPE further into bullish territory.

The RSI measures the speed and direction of price changes, and an upward trend in it usually indicates continued strength in an asset's price.

A sharp drop in active addresses could hinder PEPE’s breakout

According to data from IntoTheBlock, the number of active addresses (AA) interacting with memecoin has dropped by 7.89% over the past week.

The AA indicator measures trader participation in an asset, and such a drop suggests a reduction in buying activity despite the bullish trend.

A drop in active participation suggests that the expected breakout may be delayed or lack the strong momentum needed to drive a significant price move.

PEPE Price Prediction: How high can it go?

The PEPE token price has surged by 12.62% in the past 24 hours and is currently valued at $0.000001083. The surge in the token’s price comes after volatility earlier in the day, with the highest price recorded being $0.000001117.

Today, the global cryptocurrency market is optimistic, with several major currencies showing upward momentum. Bitcoin (BTC) has risen sharply, breaking through the $65,000 mark. Ethereum (ETH), Solana (SOL), and XRP are also showing upward momentum across the market, reflecting positive growth.

Additionally, meme coins such as BONK, POPCAT, and SHIB have also seen significant price increases. These price increases have further fueled enthusiasm for the entire cryptocurrency market, with smaller coins fueling the gains.

PEPE is showing a strong bullish trend, indicating great growth potential this week. A clear upward momentum may emerge in the near future. He encouraged long-term investors to remain optimistic about the potential of cryptocurrencies and stressed that promising trends are coming.

The chart shows clear signs of recovery after a brief correction, with support holding firm. This suggests Pepe may be preparing for another rally, which is consistent with the broader positive outlook of technical indicators.

Pepe Coin shows bullish momentum as whale activity increases, with large holders accumulating more than $5 million in stablecoins. The increasing percentage of supply held by whales, along with a recovery in PEPE prices, suggests growing confidence among major investors.

Pepe Coin shows strong bullish potential, with analysts predicting a 40-50% price surge following a breakout from the symmetrical triangle. If the momentum continues and consolidation above key levels is sustained, PEPE could reach its target of $0.000015 to $0.00002 in the short term, driven by rising volumes and whale activity.