The post Pepe (PEPE) Price Prediction: PEPE Jumps 17% to Test $0.0000090 Resistance—Are Bigger Breakouts Coming? appeared on BitcoinEthereumNews.com.

Pepe Coin (PEPE) is back in the spotlight this week after a powerful 17% surge pushed its price to test the $0.0000090 resistance level, drawing renewed attention from traders and analysts. The meme coin, inspired by the internet’s iconic frog character, has now climbed more than 30% over the past seven days, sparking speculation about whether an even bigger breakout lies ahead. Momentum Returns Following Technical Breakout Pepe Coin’s price action recently broke out of a prolonged corrective pattern, known as a Ascending Triangle formation, which had weighed on the token since early March. According to technical analysts, the pattern completed near the $0.0000057 support level, marking a significant bottom in the pepe coin price chart. Pepe Coin (PEPE) price is showing signs of a bullish reversal within an ascending triangle, but a breakout depends on clearing a key resistance zone. Source: MyCryptoParadise on TradingView A TradingView technical analyst noted that “bullish divergence on the Relative Strength Index (RSI) confirmed the weakening of bearish pressure,” providing the groundwork for PEPE’s current rally. Since that reversal, the crypto pepe coin has flipped bullish, pushing through a descending channel and signaling the beginning of a new impulsive wave cycle. Key Resistance Levels in Focus As of Wednesday, pepe coin is trading around $0.000009086, with market watchers closely monitoring the $0.0000094 and $0.0000101 levels. These areas represent Fibonacci extension targets and are seen as critical markers for confirming a full trend reversal. Pepe Coin price could break above the $0.000010 resistance following the current bullish momentum. Source: Rockybullcrypto on TradingView Analyst James Wynn believes that clearing the psychological barrier at $0.00001 is essential for validating the bullish trend. “If PEPE breaks past the $0.00001050 zone, we could see a temporary pullback followed by a retest,” he said, referencing the classic “cup and handle”…

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Filed under: News - @ April 23, 2025 8:22 pm