$ETH #ETHBreaks3700 **PEPE Analysis: Growth Potential Amid Rising Interest**
**Current Price:** **$0.00001389** (correction after ATH $0.00002831 in June 2025) .
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#### **1. Why PEPE Could Rise?**
- **Technical Signals:**
- A **“double Golden Cross”** has formed on the daily chart (50-day EMA crossed 100-day and 200-day), which historically signals the beginning of a bullish trend .
- Key resistance level — **$0.00001400**. Breaking this zone could open the way to **$0.000016–0.000020** .
- RSI (71) indicates overbought conditions, but with momentum maintained, further growth is possible .
- **Fundamental Drivers:**
- **Altcoin Season:** The altcoin index rose from 12 to 41 in July, indicating a return of interest in risky assets .
- **Whale Activity:** The open interest in PEPE futures increased from $455 million to $685 million in July, signaling an influx of capital .
- **Meme Coin Hype:** PEPE remains at the top of discussions on social media (Twitter, Telegram), often provoking FOMO rallies .

