$PEPE
🚨 Pepe price technical analysis 🚨
The coin’s surge also happened for technical analysis. As we wrote here and here, Pepe Coin formed a giant falling wedge pattern in the first quarter. This pattern comprises two descending and converging trendlines and often leads to a bullish breakout.
Most recently, Pepe price formed a double-bottom pattern at $0.0000057. It has now jumped above the neckline at $0.0000095.
The distance between the double-bottom and the neckline is about 62%. Measuring the same distance from the neckline brings the Pepr Coin price target at $0.00001545, up by 55% above the current level. A drop below the support at $0.0000759 will invalidate the bullish outlook.