Pepe Coin (PEPE) is showing strong technical signals for an upward recovery, supported by a bullish crossover between the 50-day and 150-day moving averages on the daily chart. With PEPE currently trading at $0.00001244 (up 1.39% daily), it is expected to target a rise to $0.000029 if it breaks critical resistance at $0.000016. This momentum is attributed to Bitcoin's rise above $105,000 and improved market sentiment, despite a 17% drop in trading volume to $880 million.
Key points:
1. Technical signals supporting the rise:
- Bullish Crossover: The 50-day moving average has crossed above the 150-day moving average, a pattern that has previously occurred and caused PEPE to rise by 175% over two weeks to $0.000026.
- Relative Strength Index (RSI): Trading above the 50 level, indicating buyer dominance. If it rebounds from this level, it may reinforce upward momentum.
- Double Bottom pattern: Appeared on short-term charts, supporting the likelihood of continued recovery.
2. Critical price levels:
- Resistance: $0.000016 (a tough level tested twice in Q4 2025).
- Support: $0.00001138 (Fibonacci level) and $0.00000944. Any break below the latter could lead to a sharp drop to $0.0000059.
- Upward targets:
- Short-term: $0.000018.
- Medium-term: $0.000026.
- Long-term: $0.000029.
3. Influential market factors:
- PEPE derivatives: Open positions dropped $30 million over 24 hours, while OKX data shows a long-to-short ratio of 2.13 (a bullish signal).
- Risks: High volatility, competition from new meme coins, and capital flow to projects like PumpFun that plan to raise a billion dollars.
4. Long-term forecasts (2025–2030):
- 2025: Fluctuating between $0.000007–$0.000033, with an average of $0.00001888.
- 2030: It could reach $0.000045 if it maintains its popularity.
Summary:
Despite the positive technical signals, PEPE remains a high-risk currency due to its reliance on market trends and speculation. Traders are advised to monitor:
- Break resistance at $0.000016 with increased trading volume.
- Support levels at $0.000011–$0.000012 to avoid a sharp decline.
💡 Final Summary: PEPE's rise to $0.000029 depends on breaking the critical resistance of $0.000016 and reinforcing momentum through RSI indicators and moving averages. Thoughtful investment decisions with stop losses are recommended.#TrendingPredictions
