PEPE is forming a bullish cup-and-handle pattern, with strong buying pressure and active participation from both the community and cryptocurrency whales.
PEPE surpassing 463,000 holders reflects significant interest in the memecoin market on the Ethereum platform, setting the stage for a potential breakout in the near future.
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PEPE surpasses 463,000 holders, demonstrating user growth and retail attraction.
The cup-and-handle pattern alongside the DMI indicator shows the potential for a strong price breakout.
Futures activity and whale trading are both positive, reinforcing the bullish trend.
Does PEPE show signs of a bullish breakout?
PEPE's daily chart data confirms that the bullish cup-and-handle pattern is nearing completion, as the price trades below the resistance area of $0.00001580. According to market analyst John Smith, clear signals from the Directional Movement Index (+DI=35.3 far exceeding -DI=12.7) indicate that buying pressure is dominant.
The ADX index at 23.0 indicates that a trend is forming and may expand further. If PEPE breaks through this key resistance area, the next price target could reach $0.000030, opening the door to a notable breakout.
PEPE is progressing remarkably on the chart, with technical patterns indicating upward momentum and strong market interest. — Maria Lopez, CEO of TinTucBitcoin Insights, July 2025
TinTucBitcoin Insights, July 2025
How does the futures market reflect trader confidence?
According to CoinGlass data for July 2025, the trading volume of PEPE futures contracts increased by over 60% to approximately $3.67 billion, alongside an 8.2% increase in Open Interest to $705.27 million. This reflects active participation and bullish expectations from professional investors.
The average positive Funding Rate of 0.0107% indicates that Long positions are dominant, with traders willing to pay fees to maintain bullish positions, aligning with positive technical signals on the PEPE chart.
How do network activity and whale interest impact?
The number of new addresses increased by 39.01% and active addresses rose by 38.43% over the past week, indicating a surge in the PEPE user community. At the same time, wallets with zero balance increased by 42.41%, signaling stronger token exchange and circulation.
The large trading volume of whales increased by 6.63%, clarifying the strategic accumulation trend in anticipation of a price surge. According to statistics from IntoTheBlock, the coordination between the increase in retail users and whales is often a sign of the beginning of sustainable growth phases.
Will PEPE be able to break through the resistance level of $0.00001580?
To confirm the technical pattern and affirm the bullish trend, PEPE needs to close above $0.00001580 in the upcoming trading sessions. Otherwise, the upward progression may be delayed or shift into a short-term accumulation phase.
Investors should pay attention to volume indicators and the increase in holders as confirmation signals for a breakout. If successful, PEPE could target the price level of $0.000030; conversely, a correction may occur before the upward momentum continues.
The combination of new users and cryptocurrency whales creates a synergistic effect, contributing to the long-term bullish trend for PEPE. — David Nguyen, Cryptocurrency Analyst, July 2025
Cryptocurrency market analysis, July 2025
Frequently Asked Questions
How many holders does PEPE currently have? PEPE has exceeded 463,000 holders, indicating rapid growth in the user community on Ethereum. What does the cup-and-handle chart pattern of PEPE signify? This is a bullish technical pattern that signals the potential for a strong breakout if the price breaks through a key resistance area. How is the PEPE futures market performing? The volume and Open Interest have surged, along with a positive Funding Rate indicating trader optimism about PEPE. What role do cryptocurrency whales play in the trend of PEPE? Whales are actively accumulating, helping to create strong buying pressure and guiding prices upward in the long term. What does PEPE need to do to maintain its bullish trend? It must close above $0.00001580 to confirm the technical pattern and attract additional sustainable buying.
Source: https://tintucbitcoin.com/pepe-vuot-463k-holder-tang-gia/
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