$PEPE

PEPE

0.00000732

-5.3%

📊 Technicals Point to More Pepe Coin Price Surge 📊

Pepe price may also enter beast mode because of its string technicals. The first main bullish catalyst is that there are signs that it has formed a giant double-botton pattern at $0.000005895. This pattern has two key parts: two down swings and a neckline, which in this case, is at the all-time high of $0.00002827.

Further, the Pepe coin price has formed a falling wedge chart pattern. This pattern happens when an asset consolidates inside a descending and converging channel. A bullish breakout typically happens when the two lines near their confluence.

Interestingly for Pepe, the confluence has happened at the lower side of the double-bottom pattern.

Technical indicators point to more Pepe coin price upside. The BBTrend indicator has continued rising and is about to flip the zero line. This is a unique indicator created by subtracting the distance of the lower and upper lines of the Bollinger Bands.

The Relative Strength Index (RSI) and the Percentage Price Oscillator have all pointed upwards. Therefore, the coin may surge soon, potentially to the all-time high of $0.00002827, up by 265% from the current level.

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