PEPE has formed a rare golden cross with its 50-day moving average rising above the 200-day level.
Volume remains steady as price builds near 0.00000150 with upside targets marked at 0.00000200 and 0.00000250.
Traders now look for a strong daily candle above resistance to confirm the breakout and support the trend.
PEPE has formed a rare golden cross, with its 50-day simple moving average rising above the 200-day moving average. The crossover, confirmed on June 29, is widely viewed by traders as a strong bullish signal. Historical patterns suggest this move may spark significant upward momentum in the coming weeks.
Source: X Technical Structure Points to Shift in Momentum
The chart shows PEPE's 50-day moving average climbing above the 200-day line, creating what is technically called a golden cross. This pattern marks the transition from a bearish phase to a potential uptrend. It is often considered a foundational trigger in traditional and digital asset markets alike.
The current price structure shows a tight consolidation range preceding the crossover. Volume remained stable during the setup, suggesting that market participants had anticipated a possible breakout. A golden cross after prolonged compression usually indicates the start of a larger directional move.
Additionally, multiple price tests have occurred along key resistance and support zones since early March. These levels now form the foundation for any breakout continuation. Based on chart patterns, the immediate resistance zone is near the 0.00000150 level, with further upside levels plotted higher.
Moving Averages Align With Breakout Targets
The moving average crossover aligns with several previously tested resistance zones marked on the chart. Analysts highlight two primary target zones in purple boxes—located near 0.00000200 and above 0.00000250. These targets are based on prior swing highs from earlier rallies.
Volume remains critical in validating the breakout strength. While the golden cross is a technical confirmation, price expansion above the last consolidation high is still required. A strong daily candle above the 0.00000150 level would strengthen the breakout outlook.
The chart also displays steady support building between the 0.00000090 and 0.00000100 range. This zone, if held, may continue to serve as a base for accumulation. Traders monitoring moving averages may now use these bands to set stop levels or reentry points.
With the crossover now confirmed, many traders may turn to long-term trend indicators for confirmation. Historical data suggests that similar setups in meme-based tokens led to large rallies when supported by rising volume and social momentum. Price activity in the next few sessions will offer further clarity.
Will the Golden Cross Trigger a Sustained PEPE Rally?
The appearance of a golden cross raises a crucial question: can PEPE maintain its breakout and build a sustainable trend? Technical signals support the bullish case, but confirmation is needed through continued volume and price action.
Golden crosses typically precede large upside moves when combined with favorable broader sentiment. This pattern may attract new traders looking for breakout opportunities in lower-cap altcoins. PEPE's prior rallies also began with moving average convergence.
Analysts will watch for further price acceptance above 0.00000150 and expanding volume. If met, the path toward the 0.00000200 and 0.00000250 zones could follow. Failure to hold above the golden cross range may signal a delayed breakout or extended sideways range.
