PEPE’s Historic Falling Wedge Breakout Hints at Potential 2,000% Surge
Pepe (PEPE) has confirmed a bullish falling wedge breakout on its weekly chart, drawing parallels to a similar pattern observed in mid-2024 that preceded a 10x price surge. According to analyst Bitcoinsensus, this technical formation suggests the meme coin could be gearing up for a staggering 20x rally if historical patterns repeat. The current setup follows an extended accumulation phase, with PEPE retesting critical support levels. As of July 2025, the cryptocurrency community is closely watching this development, anticipating a potential 2,000% upside. This analysis highlights the significance of the falling wedge pattern, a classic bullish reversal signal, and its implications for PEPE's price trajectory in the coming months.
Pepe Price Prediction: Historic Falling Wedge Breakout Signals Potential 2,000% Rally
Pepe has confirmed a bullish falling wedge breakout on its weekly chart, mirroring a pattern last seen in mid-2024 before its 10x surge. Analyst Bitcoinsensus highlights the significance of this technical formation, suggesting the meme coin could now be primed for a 20x MOVE if historical cycles repeat.
The current setup follows an extended accumulation phase, with PEPE retesting critical support at $0.00001030. A successful hold here WOULD validate the breakout and potentially trigger the next parabolic advance toward cycle tops. The coin's macro pattern shows repetitive explosive movements—flags followed by breakouts—with the current accumulation phase being the second such instance.
TradingView charts reveal the falling wedge completing a six-month cup-and-handle formation. Market participants are watching for confirmation of the breakout, which could propel Pepe into price discovery territory. As with previous meme coin cycles, the magnitude of moves tends to accelerate with each successive wave.
Pepe Price Surges Amid Market Downturn, Eyes $1 Target
The Pepe price has defied broader market trends, jumping 8% to $0.00001115 while the crypto market overall dipped 1%. PEPE's weekly gains now stand at 6%, with a 18% fortnightly rise, though it remains 13% below its 30-day peak. Trading volume skyrocketed 385% to $1.7 billion, signaling renewed whale interest.
Technical indicators suggest growing momentum. The RSI broke past 50 and appears poised to test 70, while the MACD nears a bullish crossover. This comes as PEPE exits oversold territory after a prolonged 2025 bearish phase. Market observers note the token's unusual divergence from major cryptocurrencies, which typically move in tandem during market shifts.
Whale Accumulates 227B PEPE Tokens Ahead of 15% Price Surge
A strategic whale purchase of 227.8 billion PEPE tokens worth $2.68 million preceded a significant market rally, with the memecoin gaining 15% within 24 hours. The transaction, traced to wallet 0x06b3 via Lookonchain data, catalyzed bullish sentiment across crypto markets.
Technical analysis shows PEPE establishing strong support at $0.00001 before breaking through a descending trendline. The token's 30% weekly gain coincides with 57% of holders now being in profit - a metric that typically reduces sell pressure and strengthens market structure.
Traders are monitoring the $0.00001179 level as a potential breakout retest zone, with the recent price action signaling a potential trend reversal from bearish to bullish territory. The whale's market-moving acquisition demonstrates continued institutional interest in meme assets during periods of market consolidation.