PEPE Coin Surges 30% in a Week: Bullish Breakout Targets $0.0000090 Resistance

Pepe Coin (PEPE), the meme-inspired cryptocurrency featuring the internet’s infamous green frog, has surged more than 30% in the past week, breaking out of a bullish Ascending Triangle pattern. With solid support NEAR $0.0000057, traders are now eyeing the $0.0000090 resistance level as momentum builds behind this speculative asset. This article delves into the recent price action, technical indicators, and future potential of PEPE.

PEPE Price Jumps 17% to Test $0.0000090 Resistance

Pepe Coin (PEPE), the meme-inspired cryptocurrency featuring the internet’s infamous green frog, has surged more than 30% in the past week. The rally comes after the token broke out of an Ascending Triangle pattern, a bullish technical formation, with its price finding solid footing near the $0.0000057 support level. Traders are now watching closely for signs of an extended breakout, as momentum builds behind the speculative asset. The coin’s resurgence mirrors broader enthusiasm for meme tokens, which have regained traction amid a recovering crypto market. Analysts point to the Ascending Triangle breakout as a potential precursor to further gains, though caution remains given the asset’s volatile history. Whether PEPE can sustain its upward trajectory hinges on market sentiment and broader risk appetite in the altcoin space. For now, the frog-themed token is hopping ahead—leaving traders to wonder if this is just another short-lived meme rally or the start of something bigger.

Pepe Coin Surges as Whale Accumulation Signals Bullish Momentum

Pepe Coin (PEPE) rallied to $0.000009178 this week, marking a 75% rebound from its yearly low. The meme token’s resurgence aligns with escalating whale activity, suggesting institutional interest may be brewing.

On-chain data reveals a steady climb in large PEPE holders. Addresses controlling 10M-100M coins grew to 117,000 from 106,000 since January, while 1M-10M holders jumped to 127,000 from 102,000. This accumulation during previous downtrends hints at strategic positioning.

Technical indicators now point toward a potential breakout toward $0.0000172, doubling current levels. The convergence of smart money flows and recovering crypto markets creates fertile ground for PEPE’s next leg up.

PEPE Eyes Breakout as Bulls Defend Key Support Levels

PEPE demonstrates resilience in a cooling market, holding firm above critical support levels despite a recent pullback. The meme coin maintains its weekly uptrend, with a 17% surge over the past seven days fueling Optimism for further gains.

Current price action shows consolidation near the $0.0000090 resistance level, while $0.0000084 and $0.0000080 emerge as crucial support zones. Traders watch for potential breakout signals as PEPE trades at $0.0000086 with $700 million in daily volume.