PEPE Coin Poised for Breakout: Analysts Predict Surge to $0.000015 Amid Bullish Technical Patterns
As of July 3, 2025, Pepe coin is showing strong signs of a potential bullish reversal, with technical analysis indicating a possible breakout from its current resistance level. The meme token has been forming a falling wedge pattern since late May, a technical setup often associated with upward price movements. Market watchers are closely monitoring the $0.00001050 resistance level, with a decisive break above $0.00001000 potentially triggering a rally towards $0.00001200 and beyond. This development comes amid mixed on-chain activity, suggesting both opportunity and caution for investors in this volatile asset class.
Pepe Coin Price To Skyrocket To $0.000015? This Pattern Hints At Breakout
PEPE coin is testing a critical resistance level NEAR $0.00001050, with technical indicators suggesting a potential bullish reversal. The meme token has formed a falling wedge pattern since late May—a classic setup that often precedes upward breakouts. Market participants are eyeing a decisive move above $0.00001000 as confirmation for a rally toward $0.00001200 and beyond.
On-chain activity tells a nuanced story. Whale transactions have plummeted 75% from May's peak, now averaging just 200 large daily trades. Simultaneously, open interest has contracted 5.71% to $470.49 million, indicating reduced speculative pressure. These metrics suggest consolidation rather than distribution—a potentially constructive development for bulls.
The price action remains delicate. After dipping 3% from its 24-hour high of $0.000009971, PEPE currently hovers at $0.000009460. Momentum indicators show early signs of divergence, hinting that selling pressure may be exhausting. For traders, the wedge's upper boundary near $0.00000950 now serves as a make-or-break level.
PEPE Price Targets $0.00001600 After Breaking Falling Wedge
Meme coin PEPE is showing renewed technical strength after weeks of choppy trading. A decisive breakout above a seven-week falling wedge pattern suggests potential for a short-term rally toward the $0.00001600 resistance level.
Analysts highlight the wedge's upper boundary breach as a bullish signal, with derivatives data supporting the momentum—open interest surged 19.37% to $559.75 million. The $0.00001600 target, last tested in mid-May, now appears within reach if the breakout holds.
PEPE Surges 10% as Golden Cross Hints at Extended Rally in Memecoin Frenzy
The frog-themed memecoin PEPE jumped 10% to $0.00001049, buoyed by a bullish technical formation and surging trading volume. A golden cross emerged on its charts, a pattern often preceding sustained uptrends, as hourly volume spiked to 13.7 trillion tokens during the ascent.
Memecoins broadly outperformed the crypto market, with CoinDesk's sector index gaining 11.4% versus CD20's 5.92% rise. PEPE established support near $0.0000101, with Fibonacci extensions suggesting a potential run toward $0.0000110 if momentum holds.
