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PEPE Eyes Breakout to $0.00001296 as Price Surges 5% Amid Rising Trading Volume

PEPE Eyes Breakout to $0.00001296 as Price Surges 5% Amid Rising Trading Volume

Author:
PEPE News
Published:
2025-07-02 16:10:21
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[TRADE_PLUGIN]PEPEUSDT,PEPEUSDT[/TRADE_PLUGIN]

PEPE, the meme-inspired cryptocurrency, has seen a significant surge in its price, jumping 5.55% in the past 24 hours. This impressive performance has placed Pepe among the top-performing cryptocurrencies and earned it a spot on CoinMarketCap's trending list. The trading volume for PEPE has skyrocketed by 129%, capturing the attention of both retail traders and whales. On-chain data reveals a notable increase in daily active addresses, suggesting a wave of new participants entering the market. Additionally, exchange outflows have declined, indicating that fewer investors are moving their PEPE holdings to cold storage. With these developments, PEPE is now eyeing a breakout to $0.00001296, signaling potential for further gains in the near future.

PEPE Price Surges 5%, Eyes Breakout to $0.00001296

Pepe's price has jumped 5.55% in the past 24 hours, making it one of the top-performing cryptocurrencies and landing it on CoinMarketCap's trending list. Trading volume skyrocketed 129%, drawing attention from both retail traders and whales.

On-chain data shows a spike in daily active addresses, suggesting new participants are entering the market. Exchange outflows have declined, indicating fewer investors are moving PEPE to cold storage—a typically bullish signal. However, whale accumulation has stalled, revealing caution among large holders despite the rally.

Currently trading at $0.00001001, PEPE is up 11.84% over the past week. Sustained upward momentum may require renewed whale interest and a reversal in exchange FLOW trends.

Pepe (PEPE) Eyes Breakout as Technical Patterns Signal Bullish Momentum

Pepe coin (PEPE) is consolidating NEAR key support levels as traders anticipate a potential bullish breakout. The meme token currently trades at $0.000009464, with technical analysis revealing multiple positive indicators.

An ascending triangle pattern has formed with support at $0.000009450 and resistance at $0.00001050. Analysts suggest a successful breakout could propel PEPE toward $0.000014, representing a 60% upside from current levels. Whale activity shows significant accumulation, with over 24 trillion tokens purchased since January, including a notable $4.36 million withdrawal from Binance.

Despite recent 3.49% daily and 4.24% weekly declines, the token maintains a $3.98 billion market capitalization with $590.3 million in daily trading volume. Additional bullish signals include a cup-and-handle formation and falling wedge breakout pattern.

PEPE Gains Amid Golden Cross Formation as Trade Optimism Lifts Crypto Markets

PEPE, the frog-themed memecoin, surged 3.7% to $0.00000967 as cooling geopolitical tensions and trade negotiation progress revived risk appetite in digital asset markets. The token's rally coincides with a pivotal technical pattern—the 50-day moving average crossing above the 200-day average—a classic bullish signal known as a golden cross.

Price action reveals consistent higher lows at $0.00000920, $0.00000927, and $0.00000948, suggesting sustained buying pressure. Resistance at $0.00000963 briefly gave way during a volume-backed breakout attempt. Market sentiment improved after U.S.-India trade talks advanced and Middle East tensions eased, allowing traders to refocus on macroeconomic fundamentals.

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