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PEPE Price Explosion: Double Golden Cross Signals Historic Rally – Is $1 PEPE Inevitable?

PEPE Price Explosion: Double Golden Cross Signals Historic Rally – Is $1 PEPE Inevitable?

Author:
Cryptonews
Published:
2025-07-21 20:17:00
5
1

Meme coin PEPE shatters resistance with back-to-back golden crosses—a technical first for any cryptocurrency. Traders scramble as bullish momentum defies typical market logic.

Why this breakout stings traditional investors: While blue-chips bleed, a frog-themed token flips the script. Two golden crosses in rapid succession? That's not just rare—it's borderline absurd.

The $1 question: With PEPE's volatility hitting nuclear levels, even skeptics are running the numbers. Could this actually happen? Market mechanics say no. Recent price action says watch your assumptions.

Bonus cynicism: Nothing proves crypto's irrationality like a cartoon amphibian outpacing 90% of DeFi projects. The revolution will be memed.

🇺🇸Crypto Czar David Sacks:

Market Structure Clarity Act To Pass By October pic.twitter.com/N06UKHAdRo

— Altcoin Daily (@AltcoinDaily) July 19, 2025

Speculators Eye Pepe For Altseason Gains

This rotation of capital is supported by a rapid rise in the altcoin season index, increasing from 20 to 53 since the month began—though still far from the 75 considered a full altseason.

Altcoin Season Index. Source: Coinglass.

Altcoin Season Index. Source: Coinglass.

Retail investors are re-entering the market with renewed appetite for alternatives to Bitcoin, and Pepe is drawing significant attention.

According to Coinglass data, PEPE open interest has broken above $1 billion for the first time ever, far surpassing the peaks of both the post-US election and post-inauguration rallies.

Pepe Open Interest hits $1 Billion. Source: Coinglass.

Pepe Open Interest hits $1 Billion. Source: Coinglass.

Derivatives traders are actively participating in PEPE price moves, but with a long/short ratio of 0.9646 suggesting an edge for shorters, it appears speculators are pricing in a correction.

PEPE Price Prediction: Can the Beakout Extend to $1?

This double golden cross, as both the 20EMA and the 50EMA surpass the 200EMA, coincides with the breakout of a symmetrical triangle forming since the mid-April market bottom.

The pattern projects a breakout top 70% higher at $0.00002425, in line with the November US-election rally peak, though momentum has stalled at the $0.00001460 resistance.

The RSI sits high at 72, teetering above the overbought threshold—an area that often precedes short-term corrections as buyer demand begins to exhaust.

More so, the signal line is closing back in on the MACD line, suggesting weakening bullish momentum and setting the stage for a pullback.

A near-term correction now looks like the healthier path to reset volatility.

Immediate support at $0.00001325 could serve as the first rebound zone, but profit taking could open up a lower floor around $0.0000123 to retest the pattern’s upper boundary as support.

While a $1 PEPE price remains largely speculative without a technical basis, a potential full-blown altseason driven by regulatory clarity adds weight to the figure as a long-term target.

$1 Pepe Remains Distant – Here’s How to Make Faster Gains

When it comes to large meme coins like PEPE, gains are limited. Explosive breakouts take months to build, and pan out in a fraction of that time—holder spend most of their time waiting.

Meanwhile, low caps are printing 10-1000x gains as retail liquidity floods in.

That’s where Snorter ($SNORT) steps in. Its purpose-built trading bot is engineered to spot early momentum, helping investors get in before the crowd, where the real gains are made.

While Trading Bots are not a new concept, Snorter has been designed specifically for sniping with limit orders, MEV-resistant token swaps, copy trading, and even rug-pull protection.

It’s one thing to get in first, it’s another thing to know when to sell—Snorter Bot can help.

The project is off to a strong start—$SNORT has already raised over $1.9 million in its initial presale weeks, likely driven by its high 186% APY on staking to rewards early investors.

You can keep up with Snorter on X, Instagram, or join the presale on the Snorter website.

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