Pepe Coin PEPE-2.22% Pepe token pulled back to $0.00001250, down by 17.8% from its highest point this month. Here are the top three catalysts that may supercharge the third-biggest meme coin to a record high.
Pepe then went parabolic and formed the flagpole of a bullish flag chart pattern. This pattern comprises a vertical rise followed by a flag-like consolidation, often leading to a strong bullish breakout.
The breakout will be confirmed when the Pepe coin price rises above the upper side of the flag at $0.00001535. A break above that level would point to gains toward the 38.2% retracement level at $0.000020. That move would confirm the potential for further upside, targeting its all-time high of $0.00002840, up 125% from the current level.
Another major technical catalyst is the formation of a large triple-bottom pattern at $0.0000057, its lowest level in August 2024 and March this year. The neckline of this pattern is near its all-time high of $0.00002838