PEPE’s RSI breakout from a long-term downtrend, paired with strong base support, signals potential for a 10x price surge.
Historical cycles of 196 and 245 days show repeatable bullish behavior, reinforcing a pattern-driven outlook for further gains.
Despite recent retracement, PEPE holds above key moving averages, suggesting consolidation before another upward move unfolds.
The meme token PEPE is showing signs of a major rally, supported by bullish momentum and RSI trends. Analysts are closely watching the asset’s structure for confirmation of a sustained upward breakout.
Technical Indicators Align for Uptrend Acceleration
The PEPE/USDT weekly and daily charts reveal a combination of long-term support strength and RSI movement. Key signals indicate a strong base has formed after months of consolidation. Moving averages and volume activity also reflect renewed trader interest and market positioning.
Source: Bitcoinsensus
As we can see from the post above, one bullish analyst, Bitcoinsensus, has presented a detailed analysis of PEPE. His focus remains on the breakout behavior visible in the weekly chart. The asset recently bounced from a Logarithmic Support Box that held through retracement phases.
According to Bitcoinsensus, PEPE followed a repeated price rhythm between two bullish cycles, one spanning 196 days, the other 245. He has provided insights suggesting that the RSI structure has broken its descending trendline, signaling renewed strength. The RSI now trends toward overheated territory, a zone often linked with price spikes.
His projection targets the $0.000090 level, indicating more than a 10x upside from current price points. Volume and historical RSI behavior are used as validation for this potential surge. His chart also identifies key resistance breakouts supported by green trajectory overlays.
Historical Surges Indicate Repeat Potential
Another important point to keep in mind is that HaileyPEPE offers a complementary technical observation. She highlights that it's historical rise from $0.0000006 to $0.000011 produced a 1,700% gain. Her analysis of the daily chart confirms this surge, backed by strong volume and rapid vertical movement.
https://twitter.com/PepeCZBinance/status/1919013637735260319
What’s even more compelling is the current retracement structure, which remains above prior accumulation zones. According to HaileyPEPE, the latest peak touched $0.000017000 before entering a correction. The PEPE price now consolidates around $0.000008279, reflecting market stabilization after the run.
Not only that, but there’s also structural support from the 200-day moving average near $0.000007077. Candle wicks indicate intraday volatility, while matched buy-sell prices suggest trader indecision. Still, this doesn’t mean everything is settled, as RSI and trendline dynamics suggest more movement ahead.
