PEPE News: Analyst Predicts Monumental Rally, PEPE Potentially Ready for Breakout

The cryptocurrency market is always full of surprises, and the latest news about Pepe (PEPE) is no exception. Despite the overall market decline, Pepe has shown resilience, with a recent surge in price. Analysts are now predicting a significant rebound, and here’s what you need to know.

Analyst Predicts Monumental Rally for Pepe

Pepe has risen by 2% in the past 24 hours to $0.000007001, despite the overall crypto market falling by 2%. Over the past week, the meme coin is up by 10%, although it remains down by 30% in a month and by 5% in the past year. Analysts are increasingly predicting a rebound, with Marcus Corvinus suggesting it could rise as high as $0.0000212 in the next few weeks. PEPE has entered a strongly oversold position and is potentially ready to breakout from a descending pattern.

Want to 100x in 2025? These 5 Memes Coins Could be Your Ticket.

With thousands of crypto coins launched daily, it’s challenging to sieve out the best meme coins with growth potential. In-house research highlights the top 5 meme coins with 100x potential in 2025: Pepe, Floki, Dogwifhat, SPX6900, and ChowWow. Pepe (PEPE) has a market capitalization of over $3 billion and a vibrant community maintaining a bullish sentiment.

Pepe’s Outlook: Bearish with Potential Small Gains

Pepe [PEPE] has a bearish structure and outlook on higher timeframes, with weak demand indicating no further gains despite an expected 5% move higher. The memecoin has seen outflows from exchanges and evidence of accumulation, but holders are at a loss, and consistent selling pressure has caused a downtrend this year. The long-term bearishness has not ended, but there is some hope for small gains in the short term. PEPE is expected to move to the two-week range highs, but a breakout has not occurred. The memecoin has traded between the $0.00000572 and $0.0000736 levels.