$PEPE Price Prediction: 35% to $0.00002 Coming

After rising to an all-time high of $0.00001717 on May 27, the frog-themed meme coin is on the rise again. It has gained a modest 2.7% over the past 24 hours, trading at $0.00001475 at the end of Thursday’s European trading session. According to data, PEPE is climbing fast to retake its all-time high as support, while bulls look to breakout to $0.00002.

Meme coins in both the Ethereum and Solana ecosystems have made significant gains — with some outperforming Bitcoin and major altcoins. Following Pepe’s all-time high in May, Floki hit a new high this week. Newly launched meme coins are also a big part of the bullish party. For example, Notcoin (NOT), a token popular on Telegram, surged to $0.02886 before pulling back to $0.02152. The popular click-to-earn token is up more than 300% in 14 days, in addition to a 77% gain in seven days, according to current price data.

Similarly, GameStop (GME), a meme coin that pays homage to popular meme stock GameStop Corp (GME), continued to rise for the second week in a row.

The meme coin has risen in sync with stocks that aim to redistribute wealth, beating Wall Street giants. The developers of the GME cryptocurrency believe that ordinary investors should also make life-changing money. Whales are the biggest driving force behind the meme coin's rise as they move billions of tokens. Unfortunately, whales also greatly increase market volatility and can trigger significant losses that affect small holders the most.

The four-hour chart shows an ascending triangle pattern that, if validated, would see Pepe's price rise by 15%. The triangle has formed as the coin consolidates after hitting a new all-time high.

The rising trendline confirms the strengthening of bullish momentum, while the horizontal line or x-axis represents resistance. Bulls have tried to break through this barrier but have not been successful. However, the triangle remains valid as long as the price is within its boundaries. Traders will be ready to place buy orders slightly above the x-axis. Such a breakout should be accompanied by high trading volumes. A 15% gain will push the PEPE price to 0.$0.0000178 and could induce FOMO among investors looking to join the trend. This triangle could be the start of a larger rally above $0.00002.

On the contrary, if the uptrend line weakens, huge selling pressure could engulf Pepe and pave the way for a crash. Two levels: $0.000014 and $0.000013 will come in handy and could stop the decline, but traders cannot currently rule out a further drop to $0.00001.

If you don’t know what coin to invest in, how to do this bull market. See the introduction to find me #PEPEUSDT