🚀 PEPE Price Alert: Ethereum’s Bull Run Fuels PEPE Frenzy—Golden Cross Targets $0.000024!
Ethereum's surge isn't just lifting blue chips—it's throwing gas on the meme coin bonfire. PEPE, the frog-themed dark horse, is flashing a golden cross as traders pile in. Could this be the breakout moment?
The Golden Cross Effect
When the 50-day MA punches above the 200-day, even degens pay attention. PEPE's chart is now a textbook case of bullish momentum, with Ethereum's rally acting as rocket fuel. Forget 'fundamentals'—this is pure speculative adrenaline.
The $0.000024 Question
That's the magic number traders are watching. Hit it, and PEPE joins the meme coin hall of fame alongside 2021's Shiba Inu mania. Miss it, and well... there's always another frog-themed token waiting in the wings. (Because crypto never learns.)
One thing's certain: when ETH moves, the altcoin casino lights up. Whether PEPE's leap turns into a moon mission or just another dead cat bounce depends on how long the 'greater fool' theory holds. Place your bets.
A double golden cross and strong breakout signal bullish momentum, with analysts eyeing a target NEAR $0.000024.
While short-term corrections may occur, growing market interest and rising open interest above $1B suggest Pepe could soon test new highs, keeping it in the spotlight for 2025 forecasts.
Ethereum Momentum Breathes New Life into Pepe Coin
Ethereum’s explosive 40% rally over the past 30 days has rippled through the altcoin space, triggering renewed enthusiasm for meme coins—particularly Pepe (PEPE). With PEPE’s price closely mirroring Ethereum’s upward trend, analysts are increasingly optimistic about the potential for PEPE coin to achieve fresh highs. As of July 22, ethereum has gained nearly 13.75% since July 16 alone, while PEPE followed with a 5.29% daily surge on the same day.
Pepe (PEPE) was trading at around $0.00001413, up 1.01% in the last 24 hours at press time. Source: Brave New Coin
According to crypto analyst Jake Gagain, this correlation isn’t new. “Every time ETH moves beyond $3,100 toward $4,000, PEPE tends to spike,” he notes. This pattern adds credibility to the current Pepe Price prediction, which hints at a potential breakout if Ethereum continues its bullish momentum.
Double Golden Cross Ignites Technical Optimism
One of the strongest bullish indicators on PEPE’s chart is the double golden cross, where both the 20-day and 50-day EMAs crossed above the 200-day EMA. This rare event, seen on PEPE’s daily chart, coincided with the breakout of a long-standing symmetrical triangle pattern—another classic signal of potential upside.
PEPE appears to be consolidating quietly, echoing past cycles, as Ethereum climbs—potentially signaling an imminent breakout. Source: Chandler via X
According to data from TradingView, this breakout projects a potential price target around $0.00002425, which aligns with PEPE’s previous high during the November 2024 rally. Although some resistance is visible around the $0.00001460 mark, investors see this as a temporary hurdle rather than a reversal signal.
Technical analyst ChandlerCharts adds, “The momentum behind PEPE crypto remains strong, especially with RSI still hovering around 72. While a brief pullback is possible, the overall structure remains bullish.”
PEPE Coin Price Trends in July: A Closer Look
At the beginning of July, Pepe coin price was hovering around $0.00000926. Since then, it surged by nearly 28.77%, reaching above $0.000012—closely echoing Ethereum’s rise. As Pepe crypto attracts more attention, the altcoin market index has jumped from 20 to 53 this month, reflecting a wider rotation of capital from Bitcoin into alternative assets like Pepe coin.
PEPE is testing a key 7-month downtrend line, with a breakout likely to trigger strong bullish momentum. Source: Babenski on TradingView
A significant milestone was achieved recently when PEPE’s open interest crossed $1 billion, according to data from Coinglass. This is the first time the PEPE token has hit such a mark, signaling a dramatic rise in derivatives trading and growing speculative interest.
Short-Term Risks and Price Support Zones
Despite strong bullish indicators, analysts caution that a short-term correction may be necessary to reset market volatility. The current RSI above 70 suggests that Pepe crypto is slightly overbought, with potential for a brief pullback.
Immediate support lies around $0.00001325, and if that level fails, the next floor could be around $0.00001230, which also coincides with the upper boundary of the previous triangle pattern. Such corrections are often seen as healthy pauses rather than trend reversals.
Long-Term Pepe Coin Forecast: Can PEPE Reach $1?
While the question “Can Pepe coin reach $1?” remains a popular topic in online forums, analysts agree that such a milestone is currently speculative without a fundamental shift in tokenomics, use case, or burning mechanisms. Still, with a market cap above $5.5 billion and a 24-hour trading volume nearing $5 billion, PEPE has firmly established itself as a major player in the meme coin sector.
PEPE shows high volatility and strong trading volume, with over 400,000 on-chain holders, suggesting potential for a near-term price doubling. Source: linenardodavinci on TradingView
Some analysts see $0.00003 as a more realistic near-term goal, particularly if Ethereum continues its upward trajectory. “If Ethereum breaks $4,000, don’t be surprised to see PEPE challenge new highs,” said Gagain.
Pepe Coin Price Prediction 2025: What Lies Ahead?
Looking beyond 2024, pepe coin price prediction 2025 remains cautiously optimistic. Factors such as continued meme coin adoption, social media virality, and macroeconomic conditions will shape the path forward. If bullish momentum in altcoins persists and PEPE maintains its community strength, many foresee the potential for the coin to retest its all-time high and even surpass it.
That said, is Pepe a good investment? For many traders, the answer lies in volatility tolerance and an understanding of meme-driven market dynamics. While short-term gains may be enticing, PEPE’s long-term value will depend on broader adoption and its ability to evolve beyond a speculative asset.
Final Thoughts: Pepe Hype Isn’t Over Yet
The combination of Ethereum’s surge, bullish technical patterns, and growing investor appetite for meme coins like Pepe the frog-inspired token signals a strong potential for further upside. While $1 remains a dream scenario for now, the Pepe crypto prediction remains bullish in the short term, especially if altcoin season continues to gather steam.
For now, traders and investors will be watching key resistance and support levels closely as the pepe rally unfolds. And with sentiment turning increasingly optimistic, Pepe News today is anything but boring.
