How Much Upside Does the Momentum Hold?
The post How Much Upside Does the Momentum Hold? appeared on BitcoinEthereumNews.com.
PEPE has climbed over 12%, trading at $0.0000066. Its daily trading volume has exploded by over 148%. As the crypto market is blowing bullish winds across the assets, the price movement is reversing the losses. With a 3.46% uptick, the global market cap has climbed to $3.24 trillion. Meanwhile, the meme coin market followed suit, rising to $51.7 billion, after a jump of over 7.5%. The frog-themed token, PEPE, has posted a steady and solid 12.73% surge in value. A prolonged bearish pressure has been ruling the market, pulling the prices back to lows. The meme coin has opened the day trading at a bottom level around $0.000005874, and a bullish shift in the PEPE market triggers the price to mount to a high range of $0.000006706. It has broken multiple key resistances to confirm the uptrend. At the time of writing, PEPE traded at the $0.000006632 zone, with its market cap resting at $2.78 billion. Consequently, the daily trading volume of the meme coin has skyrocketed by over 148.79%, reaching the $1.14 billion mark. Furthermore, the Coinglass data exhibits that the PEPE market has witnessed a $3.79 million liquidation. Could PEPE’s Price Climb Further? PEPE’s current bullish price trajectory could push the price up to the $0.000006752 resistance range. Additional upside pressure likely initiates the golden cross to unfold and test a level above $0.000006892. On the downside, if the momentum turns negative, the PEPE price might fall to the support at $0.000006548. Assuming the bearish power strengthens, it triggers the emergence of the death cross, sending the price below $0.000006417. The Moving Average Convergence Divergence (MACD) line of PEPE has moved above the signal line, which hints at bullish momentum. The short-term price strength is increasing relative to the longer-term trend. Moreover, the Chaikin Money Flow (CMF) indicator…
Filed under: News - @ January 14, 2026 4:27 pm