The price of PEPE shows strong recovery signs after reclaiming the $0.0000145 mark, with analysts forecasting significant growth potential. Many current chart patterns suggest a major breakout is imminent, even predicting price increases of up to 100% and 40 times in different timeframes.
At the time of writing, the price of PEPE is trading at $0.0000139, up 15% in the past 7 days, as both traders and whales are starting to position their strategies.
PEPE is positioned for a 40x increase
Analyst CryptoElites has posted a PEPE chart identifying the 'accumulation zone' for a potential price increase up to 40 times.
This chart uses clearly marked cyclical bottom parallel trend channels. It shows that the price of PEPE is forming a rounded bottom just above the lower support band.
CryptoElites have pointed out previous accumulation zones, each accompanied by a very strong parabolic price increase. His latest setup places the price of PEPE in the third bottom zone, coinciding with previous reversal points.
The chart shows a projected vertical movement with a 40.64x increase if a breakout occurs, targeting a price of $0.000399.
Currently, PEPE is recovering back to the midpoint of the trend channel. His forecast leans towards a bullish trend, but the prerequisite is to maintain the current support level, accompanied by increased trading volume.
Additionally, his technical argument is based on the repetition of previously occurred patterns and strong bullish symmetry. However, this prediction may still depend on the upward momentum of memecoins and market trend speculation.
PEPE breakout from multi-month triangle pattern
Analyst ZAYK Charts has posted information about PEPE just breaking out of a long-term symmetrical triangle pattern. This structure has been in place since December 2023, keeping the price moving within converging trend lines for over six months.
According to his chart, the price of PEPE has decisively broken above the upper resistance trend line, supported by increasing trading volume.
The ongoing bullish momentum is also confirmed by three consecutive green candles following the breakout candle. ZAYK forecasts that the price of PEPE could increase by 100–120% from the breakout level, approximately $0.000031.
The breakout level is estimated to be around $0.0000137, coinciding with the potential target zone — previous support levels that appeared in Q1 2024.
The chart also displays a rectangle measuring the target just above the triangle pattern, indicating that the price still has the potential to double from the current level.
The symmetrical triangle pattern is one of the most recognized continuation patterns among traders. ZAYK's analysis demonstrates high discipline in applying technical factors, while aligning with the current increase in social sentiment towards meme tokens.
Whale opens Long position on PEPE
Additionally, according to data shared by Cas_abbe, whale trader James Wynn has opened large Long positions on both ETH and PEPE.
On-chain wallet profiles show that Wynn has opened a Long position on PEPE with 10x leverage, equivalent to 824,876,247 PEPE, valued at over $680,000.
Currently, unrealized profits from both Wynn's ETH and PEPE positions are estimated to be around $800,000. This leveraged strategy demonstrates confidence in short-term price increases.
The history of successful trading along with a large portfolio scale makes Wynn's trading activities significantly impact high-net-worth retail investors and institutions alike.
Analyst signals the start of an altcoin cycle breakout
Notably, analyst Moustache has posted the Total 3 chart, showing the market capitalization of altcoins (excluding Bitcoin and ETH), indicating a new macro uptrend is forming.
The chart tracks previous market cycles and indicates that this memecoin is breaking out of a two-year consolidation phase from 2022 to 2024.
Moustache also notes that the structure forming in 2025 resembles the breakout cycles that occurred in 2018 and 2021.
This pattern consists of three stages: accumulation, breakout, and parabolic growth. As the TOTAL3 index just broke through the resistance threshold, the altcoin market seems to be entering the early stages of acceleration.
Notably, history has recorded a phenomenon of capital rotating into highly volatile tokens. Moustache believes that memecoins like PEPE may attract attention during this phase, especially since they often outperform in the late stages of bullish market cycles.
The timing of the PEPE breakout from the current trend also coincides with positive technical signals from analysts, further reinforcing growth potential in the near future.